Publication of International Arbitration Awards and Decisions - ARIA - Vol. 25, No. 1 2014
Author(s):
Report of the Committee on International Commercial Disputes of the Association of the Bar of the City of New York
Page Count:
18 pages
Media Description:
1 PDF Download
Published:
August, 2014
Jurisdictions:
Practice Areas:
Description:
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Originally from American Review of International Arbitration - ARIA
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I. INTRODUCTION
Publication of arbitral awards and other decisions (most importantly,
challenges to arbitrators) has become more common but is not without
controversy. The trend toward more publication has the potential to change, for
good or ill, many things traditionally associated with international arbitration,
including confidentiality, concentration of knowledge and expertise in a more or
less defined group, and the extent to which arbitral decisions and awards should
have persuasive or precedential effect.
The International Commercial Disputes Committee thought it would be useful
to the international arbitration community, as it considers these issues, to gather
information on the differing policies and practices of the major international
institutions. We surveyed ten of the major institutions of international arbitration
and found great diversity among their rules and practices. At the extremes, some
publish nothing and others try to publish as much as possible. Among those that
publish awards or decisions, there are differences in the extent of information
redacted and in what types of decisions the institutions consider important to
publish. Most focus on final awards, but one institution has chosen to publish
only decisions on challenges to arbitrators.
We hope that this guide to the diversity of institutional practices will stimulate
the ongoing debate within the international arbitration community about the pros
and cons of publication and the different ways in which it can be done. It may
also be useful to clients and their counsel in evaluating not just whether to
arbitrate but also which institution to choose.
This report first outlines the issues posed by publication, with the goal of
framing the issues and suggesting areas for further empirical and normative
exploration, rather than advocating any specific practice. It then states the
questions we asked of the institutions and summarizes their answers, along
with other information obtained from their websites and rules. The report ends
with a selected bibliography showing where the institutions publish
information on awards and other decisions and collecting citations of articles
on the issues.