International Commercial Arbitration: Quo Vadis? (eBook)

International Arbitration: Quo Vadis? delves into policy and procedural developments in commercial arbitration, investor-State arbitration and the WTO, providing insights into most recent reforms and trends. In the spirit of Pieter Sanders’s classic Quo Vadis Arbitration? (1999), this far-reaching overview of the state of international arbitration thoroughly assesses the current condition and prospects of arbitration and conciliation with practical, insightful solutions to the new and emerging problems confronting arbitration practice today.

A distinguished group of internationally renowned arbitrators, academics, and lawmakers elucidate the ubiquitous evolution towards increased technical complexity, the need for multi-focal and multi-cultural approaches, and the tension between desirable simplicity and required precision that has come to characterize current arbitral practice and procedure. Among the topics covered are the following:

• remote hearings;
• reliance on digital technology;
• cost of arbitration in a post-COVID world;
• extension of the arbitration agreement to non-signatories;
• tailoring of ADR techniques to suit the needs of micro, small, and medium-sized enterprises;
• jurisdictions emerging as new arbitration hubs, e.g., Delaware, the Caribbean, and Scotland;
• evolution of a code of conduct for adjudicators in investment disputes; and
• the reform of bilateral investment treaties.

As Sanders’s 1999 book did at the time, the chapters identify specific improvements and refinements to the entire system as it has developed over recent decades.

Traversing the development path of international arbitration and touching upon key procedural trends, the book will be a go-to resource for the arbitration community worldwide as a stocktaking of current and ongoing trends in international arbitration. The book’s lasting value and interest will make it a valuable resource for arbitral institutions, academics, arbitrators, arbitration counsel, and participants in international commercial arbitration. It will enthuse the many lawyers, judges, legislators, and business people to whom it is addressed.