United States:
A Few Steps To A Faster ICSID
13 November 2013
WilmerHale
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It is a truth universally acknowledged that investment
arbitrations are drawn-out affairs. Proceedings before the
International Centre for Settlement of Investment Disputes (ICSID),
in particular, are frequently criticised for their excessive
length. The 19 ICSID Convention awards issued in 2012 came after an
average of nearly five years of proceedings. Moreover, an award is
often, to paraphrase Churchill, merely the end of the beginning,
thanks to the annulment applications that so frequently follow.
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Originally published in Global Arbitration Review
Volume 8, Issue 5
A longer scholarly article on the same topic is
forthcoming in Transnational Dispute Management.
The views expressed in this article are the author's
alone and do not reflect the views of his firm. A longer scholarly
article on the same topic is forthcoming in Transnational Dispute
Management.
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