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The European Commission recently proposed supplemental dispute resolution rules intended to facilitate small- and medium-sized enterprises' access to the investment court system...
The European Commission recently proposed supplemental dispute resolution rules intended to facilitate small- and medium-sized enterprises' access to…
GAR (Global Arbitration Review) is the world's leading international arbitration journal and news service. GAR provides breaking news, daily updates and in-depth monthly features covering international arbitration in countries around the world. GAR also features guest commentary and articles from the world's leading international arbitration practitioners.
To print this article, all you need is to be registered or login on Mondaq.com. The promise of arbitration has traditionally centred upon a faster, more efficient, and less costly way of resolving commercial disputes. The reality of arbitration proceedings, however, does not always deliver on this promise. Surveys conducted in recent years suggest that cost and delay are some of the negative and discouraging characteristics of international arbitration. They also show a commercial imperative to simplify the arbitral processes, including in particular for lower-value cl...
Introduction CAM") enacted its new Arbitration Rules (the " New Rules"), applicable to all proceedings commenced from the same date. The novelties in the New Rules are mainly inspired by the impact of COVID-19 on business relationships and its potential to increase litigation (it is estimated that such an increase might be of about 25%). More generally, the New Rules aim at helping companies and consumers to solve any dispute, even not related to COVID-19, easily, quickly and with lower costs. The New Rules introduce a contractual determination procedure (Annex E) and a Simplified Arbitration...