At last, the students, coaches and arbitrators who have dedicated so many hours to the Danubia Files will see the results of their labours. Six tribunals of renowned international arbitrators and educators have issued awards in the Vis Problems XIV to XIX. Each award considers the issues and sets out the decision of the tribunal in their own words and style. And at last, here is a reference text that deals with one of the most important - yet most neglected - stages in arbitration procedure: the drafting of the arbitration Award. The first lesson of this book is that there is no single "right" way to draft an award. Each tribunal has its own voice, its own character; there are many styles that can produce a good award. "A wonderful achievement and highly innovative and useful contribution that will be of great interest to all international arbitration lawyers, scholars and students." - Gary Born, Chair, International Arbitration Group, Wilmer Cutler Pickering Hale and Dorr LLP. "I wish I'd thought of it This book will immediately become a "must-have" for law firm international arbitration groups. The awards not only increase the already rich value of the Vis problem materials for advocacy training, they also are a much-needed resource for award drafting practice. Be sure to read the down-to-earth drafting guides by Louise Barrington and Pierre Karrer." - Lucy Reed, Global co-Head, International Arbitration, Freshfields. "You can measure the height of the Great Pyramid at Cheops without climbing it by multiplying the height of a pole by the ratio of the two shadows (500 BC). You can put little wheels on luggage (1970). Great ideas in retrospect seem obvious, and the Danubia files are another." - Jan Paulsson, President, International Council of Commercial Arbitrators (ICCA).

Private international actors go to arbitration to avoid adjudicatory risks, especially the risk of bias. It follows that safeguarding procedural fairness is a key concern in arbitral processes, and that exposing actual bias is crucial. However, evidence from both case law and institutional statistics shows that wily parties are willing to abuse procedural fairness and cry bias as a way of delaying proceedings and escaping enforcement, and that the frequency of such spurious challenges is increasing. This insightful book offers a proposal, solidly grounded in legal principle and precedent, for how the arbitration community should respond to this threat. The author shows how 'dirty' challenge tactics are made viable primarily by the prevalence of a judicially derived test for bias which focuses on appearances, rather than facts. He argues that the most commonly used test of bias, the 'reasonable apprehension' test, makes it easy to allege a lack of impartiality and independence. He shows that the 'real danger' test, derived from the decision of the House of Lords in Gough, has a much higher threshold, and has the additional advantage of making the arbitral award stronger at the all-important enforcement stage. In the course of the presentation the book analyzes, in extraordinary depth, such issues as the following: - which state's courts are most likely to find arbitrator bias, and which state's courts are least likely; - applying the 'real danger' test under the various applicable conventions, the Model Law, and institutional rules; - bias challenges under European Human Rights law; - distinction between party-appointed arbitrators and chairmen in the context of a bias test; - relevant trends in investor-state and ICSID arbitration; and - bias rules in the lex mercatoria. In a broad comparative survey of the law of bias challenges in international commercial arbitration covering all leading states, the author examines various municipal laws to determine their tolerance for a 'real danger' clause in commercial contracts. His analysis, replete with case summaries and material facts, provides a strong scaffolding for his thesis, and also probes the causes of the increased rate of bias challenge. The need for a uniform test in this area is made very convincing by this original study. Arbitrators and other interested professionals and academics will find it of unusual value and interest, and corporate counsel will find much to consider in the use of the 'real danger' clause.

This book presents dispute settlement decisions of the World Trade Organization by using extensive annotations, in-depth analysis, and comprehensive summaries of case histories. The extensive index in each volume enables access to particular titles. Legal precedents and conclusions are detailed in the large annotations and conclusion sections.

Reprint of the only edition. " What the author] has achieved withgreat success is to render a systematic account of the contributionwhich Italian scholarship and Italian diplomatic practice have made inthis field of law throughout the centuries. Since the writings ofItalian international lawyers are little known in the Anglo-Americanworld, this study will be particularly welcome to American and Englishreaders.": Yale Law Journal 54 (1944-1945) 165.

The practice of international commercial law has become so complex since the onset of globalisation that it has become virtually impossible for interested parties to collect their own copies of the various source materials. Hence this very welcome collection, which in its first edition quickly became a cornerstone resource for business lawyers. Now, after six years, the editor has thoroughly updated this truly indispensable book, making it far and away the most complete collection of applicable treaties, institutional rules, regulations, model laws, and codes any international commercial law practitioner, scholar, or student will find anywhere.In numerous additional and updated texts, the Second Edition includes vital practical information on recent developments in such important aspects of the field as the following: taking of evidence in arbitration; service of legal documents abroad; enforceability of court-issued and arbitral awards; the role of gatekeepers such as credit rating agencies, securities analysts, and external auditors; global regulation of financial markets; disclosure of price-sensitive information; and regulatory measures against corruption and bribery.There is increased attention also to influential areas like the extraterritorial effects of certain national laws and the growing use of non-statutory models such as the Unidroit principles. This is the only one-volume source for all the materials required for the effective practice of international commercial law: corporate governance codes, international contract principles, all major arbitration and mediation rules, conventions on applicable law and on jurisdiction and enforcement, guidance for ongoing disclosures, ethical conduct, UCP600 and INCOTERMS 2000, and much more. It provides invaluable support for in-house counsel and corporate and business lawyers, and offers the scholar and student a peerless reference work.