International Chamber of Commerce Arbitration
By: William Laurence Craig, William W. Park, Jan Paulsson
Expert Commentary! This hands-on guide covers every aspect of ICC arbitration, the most prevalent form of institutional arbitration in the world. It analyzes ICC arbitrations step by step, with copious references to the experience of past cases & the lessons to be learned from them as a detailed anatomy of the workings of ICC arbitration. Ideal for anyone involved with International Arbitrations. The book provides a critical evaluation of the advantages & disadvantages of every step in the arbitral process. The analysis is exclusively practical -- facts, figures, pragmatic suggestions & warnings. As with the previous edition, the authors have avoided all purely academic & theoretical discussion. This book is essential to anyone -- arbitrator, counsel or other practitioner -- who may, or may expect to be, involved in an ICC arbitration, or who may have to consider the benefits or drawbacks of an ICC arbitration clause. Your Complete Guide to ICC Arbitration! This single volume covers: * The Institution of the ICC & the Structural Organization * The Agreement to Arbitrate & its Elements * ICC Arbitration in Practice, from the Request for Arbitration to the Enforcement of the Award * Hearings, Proof, & Ancillary Proceedings * The Impact of National Law on ICC Arbitration * Trends in International Commercial Arbitration & Additional ICC Dispute Resolving Mechanisms * Text of the ICC Rules, plus Statistics & General Information.
AI Overview
The book "International Chamber of Commerce Arbitration" by William Laurence Craig, William W. Park, and Jan Paulsson is a comprehensive guide to the process and principles of ICC arbitration. Here is a detailed overview of the book:
Key Themes
- Arbitral Process: The book covers every aspect of the ICC arbitration process, from the formation of the agreement to arbitrate to the appeal of the enforcement of the award.
- Practical Guidance: It provides practical facts, figures, and pragmatic suggestions, making it a hands-on guide for those involved in ICC arbitration.
- Advantages and Disadvantages: The authors offer a critical evaluation of the advantages and disadvantages at every step in the arbitral process, helping readers understand the complexities and potential pitfalls.
- Important Rulings: The book discusses in detail the important rulings of the ICC and their potential impact on future awards, providing a historical and legal context to the arbitration process.
Plot Summary
The book is structured to cover the entire lifecycle of an ICC arbitration case. It begins with the formation of the arbitration agreement and proceeds through the steps involved in initiating, conducting, and concluding the arbitration process. It includes detailed descriptions of the procedures, rules, and best practices, as well as practical examples and case studies.
Critical Reception
The book has been highly regarded in the legal community for its comprehensive coverage and practical insights. It is considered essential reading for anyone involved in ICC arbitration or considering the use of an ICC arbitration clause. The third edition, published in 2000, has been particularly well-received for its detailed analysis and practical guidance.
Editions
There have been multiple editions of the book:
- Third Edition (2000): Published in cooperation with the International Chamber of Commerce, this edition covers every aspect of ICC arbitration and is considered a foundational text in the field.
- Fourth Edition (2030): Forthcoming, this edition is expected to update the material with the latest developments in ICC arbitration rules and practices.
Publisher and Availability
The book is published by Oceana (third edition) and Oxford University Press (forthcoming fourth edition). It is available through various academic and legal repositories, including the Boston University School of Law Scholarship and the Law Library of Congress.
In summary, "International Chamber of Commerce Arbitration" by William Laurence Craig, William W. Park, and Jan Paulsson is a definitive guide to ICC arbitration, offering a detailed and practical exploration of the arbitral process. Its critical reception and ongoing relevance make it a valuable resource for legal professionals and scholars in the field of arbitration.