100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Summary LLM International Dispute Resolution - International Commercial Arbitration II - Module 1 (Legitimacy of International Arbitration)£6.49
Add to cart
Describe the evolution of arbitration.
How do parties, institutions, states and arbitrators participate in arbitration?
How has the legitimacy of arbitration affected parties, arbitration community, states, outsiders?
How does the arbitrators' independence and impartiality affect parties, arbitr...
Describe the evolution of international arbitration.
The demand for arbitration has changed. There are more diverse arbitration users such as
states and state entities who were previously reticent to relinquish control over dispute
resolutions. They also arose from diverse industries, such as the financial industry which
previously preferred court litigation. More complex disputes are submitted to arbitrations
involving at least two parties under single contract, contracts between different parties, and
multi-polar disputes.
Rules and procedures have become more judicialized due to the increasing demand for
predictability. This is because there is no real consensus on various issues since rules cannot
resolve them (‘no one-size-fits-all solutions’). For example, treaties, laws and guidelines are
now increasingly detailed, as well as interplay which is often difficult to navigate.
The number and diversity of participants have increased. Emmanuel Gaillard 1 comments on
the different type of actors involved in the design of the arbitration framework.
Essential actors
Parties want to prevail, pay little and recover all their costs. They will feel most neglected in
contemporary arbitration.
Arbitrators attract the most attention from a sociological standpoint. They are now considered
a social-professional category, rather than occasional by nature. Catherine Rogers does ‘not
seek to evaluate whether international arbitrators actually satisfy the criteria for any particular
definition of a profession, but rather to suggest that international arbitrators demonstrate
some of the markers of professionalization and have consciously invoked the nomenclature
of professionalism.’2 They also act as service providers, in which they charge for their
services.
1
Emmanuel Gaillard (2015) ‘Sociology of international arbitration’, Arbitration International, Volume 31, pp.
1–17.
2
Catherine A Rogers, ‘The Vocation of International Arbitrators’ (2005) 20 American University International
Law Review 957, 976–77.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ayorke. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.49. You're not tied to anything after your purchase.