Interests, Auxiliary, and Alternative Remedies in International Arbitration

The book "Interests, Auxiliary, and Alternative Remedies in International Arbitration" by the ICC Institute of World Business Law is a comprehensive guide to the complex legal issues surrounding remedies in international arbitration. Here is a detailed overview of the book:

Key Themes

1. Remedies in International Arbitration: The book focuses on the various remedies available in international arbitration, including contractual remedies, judicial penalties, and specific performance[4].
2. Interest Claims: It delves into the intricacies of interest claims, which can be substantial and raise delicate legal issues. The authors explore how these claims are handled in arbitration practice, including the issue of applicable law and comparative approaches[4].
3. Time and Compensation: The publication aims to provide solutions for controlling the impact of time between the occurrence of damage and its full compensation. This is a critical aspect of ensuring the quick and effective enforcement of awards[4].
4. Arbitral Practice: The book discusses new approaches to guaranteeing the enforcement of awards, such as lump assessment, “clauses pénales” (penal clauses), and judicial penalties (“astreintes”)[4].

Plot Summary

The book is a compilation of the proceedings from the ICC Institute of World Business Law's 2007 Annual Meeting, chaired by Serge Lazareff. It brings together the perspectives of renowned arbitration professionals, including Antonias Dimolitsa, John Beechey, Andrea Giardina, John Yukio Gotanda, Gabrielle Kaufmann-Kohler, Alexis Mourre, and V.V. Veeder[4]. The authors cover a wide range of topics related to remedies and interest in arbitration practice, providing a comprehensive framework for understanding and addressing these complex issues.

Critical Reception

While specific reviews are not provided in the available sources, the book is recognized as a significant contribution to the field of international arbitration. It is noted for its thorough analysis and practical solutions, making it a valuable resource for both practitioners and scholars in the field[4].

Publication Details

• Publication Date: Mid-2008
• ISBN: 978-92-842-0033-7
• Language: English
• Contributors: Antonias Dimolitsa, John Beechey, Andrea Giardina, John Yukio Gotanda, Gabrielle Kaufmann-Kohler, Alexis Mourre, and V.V. Veeder[4]

This book is a seminal work in the field of international arbitration, offering practical insights and theoretical frameworks for managing the complexities of remedies and interest claims in arbitration.