IBA report on small value claims in investment arbitration
In its recently released Report, the IBA Arbitration Committee presents research of data from the three biggest ISDS for a; SCC, ICSID, and the PCA.
Published 2022-11-16
The report includes statistical analysis of small value claims (no greater than US$50m or €50m) in investment arbitration and examines the mechanisms and strategies available to balance the factors time, effort, and financial resource.
Some angles:
>> small value claims constitute an important segment of the investment arbitration docket
>> special procedures for arbitrating small value claims exist and are readily available
>> different procedural mechanisms may be incorporated into the arbitration at various points to create a tailored procedure and for streamlining of the case and minimising of the costs of arbitration.
SCC, the Arbitration Institute of the Stockholm Chamber of Commerce plays a leading role internationally as a forum for disputes between investors and states. In 1993, SCC registered its first investment dispute. Since then, SCC has administered a large number of investment disputes, primarily based on bilateral investment treaties (BITs).
Statistics on SCC:s investor-state arbitrations is available here: >> here
The report by the Investment Arbitration Subcommittee of the IBA Arbitration Committee is available here >>