After high publicity cases where companies have been awarded billions of dollars in damages from developing countries, Investor State Dispute Settlements, ISDS, in recent years has met critique. But what would happen if there was no ISDS? Who better to answer that question but Anna Joubin-Bret, Secretary of the United Nations Commission on International Trade Law, UNCITRAL, and Director of the International Trade Law Division in the Office of Legal Affairs of the UN Secretariat.
In a landmark decision, Romania's High Court of Cassation and Justice confirmed that non-governmental organizations of public interest in Romania may administer institutional arbitration only if authorized by law, resolving legal uncertainty. In this news article, Cosmin Vasile, a member of the SCC Arbitrators’ Council and partner at Zamfirescu Racoți Vasile & Partners in Romania, analyses the decision and provides some key takeaways.
A list of tips from SCC arbitrators on how to conduct a successful hearing online.