International Arbitration in Practice (eBook)

The complexity of commercial and investment arbitration is increasing, with many arbitrations now involving multiple parties or contracts and spanning multiple jurisdictions and areas of law – not to mention such pervasive new trends as virtual advocacy. This indispensable and eminently practical book systematically addresses the measures required to apply the concepts underpinning international arbitration in real-world arbitral proceedings.

With detailed guidance on all stages of international arbitration and their sequence, a select group of established and up-and-coming practitioners share their knowledge in user-friendly chapters on the most salient aspects of practice. These chapters are presented in four sections:

• counsel’s role – which includes chapters on written submissions, oral advocacy, use of evidence, use of fact and expert witnesses, means of shaping an arbitration, and how to work with and lead a team
• the tribunal’s role – which includes chapters on arbitrators’ duties, the hearing, deliberations, the process of drafting orders and awards, and arbitrators’ remuneration
• the arbitral institution's role – which includes chapters on distinctions between institutional and ad hoc arbitrations, appointing committees, advances on costs, the secretariat’s role, and scrutiny of arbitral awards, and
• how arbitration is funded – which includes chapters on calculating the costs, sources of third-party funding, and means of paying

Practitioners – whether counsel or arbitrator – and clients will approach any case with full awareness of what strategies and tactics can be employed as a result of the authors’ detailed attention to the real-world practicalities likely to arise in international arbitration.