1. General remarks International commercial arbitrations are complex proceedings which involve substantial costs for the parties for securing the legal representation and for the payment of arbitral fees. In this respect, security for costs and security for claim are interim… Read moreSecurity for costs and security for claim in international commercial arbitration
The confidentiality and privacy of international arbitration proceedings is a contentious and unsettled subject. The participants to arbitration proceedings regard confidentiality as an essential aspect of the arbitral process, which assists in the effective, efficient resolution of international commercial disputes,… Read moreLimits of confidentiality in international commercial arbitration
In an award released on 5 March 2020, an international arbitral tribunal under the auspices of the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) rejected claims against Romania amounting to more than RON 9 billion brought by… Read moreNew victory for Romanian State!