https://efila.org/wp-content/uploads/2013/04/efila-300x86.jpg 0 0 efila https://efila.org/wp-content/uploads/2013/04/efila-300x86.jpg efila2014-11-28 21:15:042014-11-28 21:15:04Arbitration community calls for improvement of the system
Arbitration community calls for improvement of the system
In anticipation of the 50th anniversary of the International Centre for Settlement of Investment Disputes (ICSID), a renowned practitioner and arbitrator Hamid Gharavi of Derains & Gharavi published a strong criticism of the existing system of annulment proceedings under the ICSID rules. Ghravi expresses concern about ‘the unbalanced and extraordinary power that the secretary-general of ICSID’ and urges improvements in the system.
The article entitled ‘ICSID annulment committees: the elephant in the room’ constitutes a good and welcomed example of the ongoing debate within the arbitration community to improve the system.
The article is available at the Global Arbitration Review website.