The is volume collects the articles emanating from the twenty-first Congressof the International Council for Commercial Arbitration (ICCA) held in Singapore in 2012.1t opens with a thought-provoking keynote address on the present Golden Age of arbitration and its potential weaknesses and covers both practical and theoretica I topics addressed by renowned arbitration practitioners and scholars. Two principal themes are addressed. The first deals with various aspects of the arbitration proceedings- from the agreement to arbitrate and the cernmencement of proceedings (with an introduetion to i- and e-arbitration) to the evidence-collecting phase, the tribunal's decision and the issue of legal and arbitration costs. The second examines the interaction between legal orders and national courts and arbitration; the need for and role of ethica I codes of behavior; the ba la nee between investment proteetion and "policy space"; the future of ICSID; and the role of technologica I tools in arbitration. The volume doses with the report of a judicia I debate among eleven senior judges addressing issues in the application of the 1958 New York Convention.

The Yearbook Commercial Arbitration continues its longstanding commitment to serving as a primary resource for the international arbitration community with reporting on arbitral awards and court decisions applying the leading arbitration conventions, as well as on arbitration legislation and rules. Volume XXXVII (2012) includes: excerpts of arbitral awards made under the auspices of the International Chamber of Commerce (ICC); notes on new and amended arbitration rules, including references to their online publication; notes on recent developments in arbitration law and practice in Colombia, Finland, Hungary, India, Lithuania, Montenegro, Portugal, Singapore, South Sudan, Tajikistan, Turkey and Venezuela; excerpts of 82 court decisions applying the 1958 New York Convention from 22 countries - including for the first time, cases from Bosnia and Herzegovina, Guatemala and Uruguay - all indexed by subject matter and linked to the General Editor's published commentaries on the New York Convention; an extensive Bibliography of recent books and journals on arbitration. The Yearbook is edited by the International Council for Commercial Arbitration (ICCA), the world's leading organization representing practitioners and academics in the field, with the assistance of the Permanent Court of Arbitration, The Hague. It is an essential tool for lawyers, business people and scholars involved in the practice and study of international arbitration.

The Yearbook Commercial Arbitration continues its longstanding commitment to serving as a primary resource for the international arbitration community with reporting on arbitral awards and court decisions applying the leading arbitration conventions, as well as on arbitration legislation and rules. Volume XXXV (2010) includes: * excerpts of arbitral awards made under the auspices of, inter alia, the International Chamber of Commerce (ICC); * notes on new and amended arbitration rules, including references to their online publication; * notes on recent developments in arbitration law and practice in Argentina, Australia, Bahama, Belize, Brunei, PR China, Fiji, Ireland, Kenya, Mexico, the Russian Federation, Scotland, Singapore, Spain and Vietnam; * excerpts of 86 court decisions applying the 1958 New York Convention from 25 countries - including for the first time, cases from Gibraltar and Uganda - all indexed by subject matter and linked to the General Editor's published commentaries on the New York Convention; * an extensive Bibliography of recent books and journals on arbitration. The Yearbook is edited by the International Council for Commercial Arbitration (ICCA), the world's leading organization representing practitioners and academics in the field, with the assistance of the Permanent Court of Arbitration, The Hague. It is an essential tool for lawyers, business people and scholars involved in the practice and study of international arbitration.

ICCA Congress Series no. 16 comprises the proceedings of the ICCA 50 Geneva Conference 2011 hosted by the ICCA 50 Organizing Committee on 19-20 May 2011. The Conference marked a major milestone: the Golden Anniversary of ICCA. A warm word of thanks goes to the Committee for arranging this splendid celebration in the beautiful city of Geneva, the birthplace of ICCA.

Volume XXXVII (2012) of the Yearbook again presents readers with a selection of arbitral awards and court decisions made accessible by translations, indices and categorized lists. Since Volume XXXV (2010), the Yearbook's selection of arbitral awards and court decisions is available in a combination of print edition and online publishing. Arbitral awards continue to be published in print in their entirety, as are Parts of the Yearbook providing various information. Court decisions are presented at two levels of consultation: a Summary of each decision, prefaced by a short recap, is published in print; a detailed Excerpt of the decision is available online at . A code provided with the Yearbook allows readers to access the relevant Volume online, as well as the preceding Volume. Readers who have purchased Volume XXXVII (2012) can therefore access materials from both this Volume and Volume XXXVI (2011).

Volume 14 of ICCA Congress Series, The New York Convention at 50, comprises the proceedings of the ICCA Conference held in Dublin in 2008 on the fiftieth anniversary of the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards. One of the highlights of the Conference was a Plenary Session in which the world's leading arbitration experts debated the need to revise the New York Convention. This discussion, along with the text of a preliminary draft of the revised Convention presented during the Conference, is reported in this volume. Further Reports and Commentary explore the two main themes of the Conference: Investment Treaty Arbitration/Treaty Arbitration, with contributions on: - The Impact of Investment Treaty Arbitration: Identifying the Expectations, Testing the Assumptions; - Investment Treaty Arbitration and Commercial Arbitration: Are They Different Ball Games? - Remedies in Investment Treaty Arbitration: The Bottom Line; and - The Enforcement of Investment Treaty Awards, and Rules-Based Solutions to Procedural Issues, with contributions on: - Multi-party Disputes; - Consolidation of Claims; - Summary Disposition; and - Provisional Measures. The volume also includes transcripts of the Round Table Session assessing the revisions to the UNCITRAL Rules on International Commercial Arbitration and of an Open Discussion on Recent Developments in International Arbitration.

The Yearbook Commercial Arbitration continues its longstanding commitment to serving as a primary resource for the international arbitration community with reporting on arbitral awards, arbitration legislation and rules throughout the world as well as on court decisions applying the leading arbitration conventions.
Volume XXXII includes:
- excerpts of arbitral awards made under the auspices of, inter alia, the International Chamber of Commerce (ICC);
- notes on new and amended arbitration rules, including references to their online publication;
- notes on recent developments in arbitration law and practice in Bolivia, China, Mongolia, New Zealand and Switzerland;
- excerpts of 89 court decisions applying the 1958 New York Convention from 18 countries -- including, for the first time, decisions from Pakistan, Portugal and Venezuela -- all indexed by subject matter and linked to the General Editor's published commentaries on the New York Convention;
- an extensive Bibliography of recent books and journals on arbitration.
Edited by the International Council for Commercial Arbitration (ICCA), the world's leading organization representing practitioners and academics in the field, the Yearbook is an essential tool for lawyers, business people and scholars involved in the practice and study of international arbitration.

Volume 13 of ICCA Congress Series, International Arbitration 2006: Back to Basics?, contains the proceedings of the 13th ICCA Congress held in Montreal in 2006, where international commercial arbitration specialists from around the world gathered to glean fresh insights on fundamental issues, focusing on three central themes.
The Reports and Commentary presented in Working Group A of the Congress concentrate on Re-examining the Arbitration Agreement. Leading experts explore crucial topics, including:
- The autonomy of the arbitration agreement;
- The arbitrators 'jurisdiction to determine Jurisdiction;
- The law applicable to the arbitration agreement; and
- Treaties as agreements to arbitrate.
Working Group B sessions examine Contemporary Practice in the Conduct of Proceedings and cover procedural aspects in Round Tables on:
- Fact testimony;
- Document production;
- The effective use of legal and technical experts; and
- Oral Argument: and in Reports and Commentary on:
- Arbitral Provisional Measures: The Actual Practice; and
- Evidentiary Privileges.
The volume concludes with the papers generated from the Congress's Plenary Session on Commercial Arbitration and Transnational Public Policy and Treaty Arbitration and International Law.

"CCA's Congress Series No. 12", reflecting the contributions of numerous renowned arbitration experts to the 2004 ICCA Beijing Conference, commences with an overview of the current international arbitration regime in China and Hong Kong, noting both the progress that has been achieved and the work that remains to be done there. The remainder of the volume comprises two sets of papers on contemporary substantive and procedural issues in international commercial arbitration. The first set contains in-depth reports on the topical subjects of arbitration of foreign investment disputes, the granting of provisional or interim measures with respect to arbitration and the enforceability of awards, supplemented by commentary from the point of view of various specializations and regions. The second, also using the format of reports and commentary, addresses modalities of conciliation and settlement in relation to arbitration, including various non-binding (ADR) processes, issues (drafting step clauses and confidentiality) in integrated dispute resolution systems, which may combine conciliation and arbitration, and the role of arbitrators as settlement facilitators.

The collected papers in ICCA Congress Series no. 11, as reflected in its title, address important contemporary questions in international commercial arbitration. Included are contributions written by participants in the UNCITRAL Working Group on Arbitration and Conciliation on its current work relating to the requirement of a written form for an arbitration agreement, interim measures of protection and the UNCITRAL's Model Law on International Commercial Conciliation. Further contributions give leading practitioners' views on illegality in the formation and performance of contracts or in the conduct of the arbitration, addressing questions on how the arbitral tribunal should deal with these vexed issues and how forgery and fraud may be detected. The factors that lead to acceptance by parties of the decisions of arbitrators are dealt with in contributions on the psychological aspects of dispute resolution. The volume concludes with a series of articles on arbitration under investment treaties written by experienced arbitrators and practitioners, with special emphasis on ICSID and NAFTA and the emerging issues of transparency, accountability and review.

New arbitration legislation throughout the world is based on the highly successful UNCITRAL Model Law on International Commercial Arbitration, and an ever-increasing body of arbitration specialists in the legal community have all contributed to improving the relationship of national courts and arbitration. Yet many issues still remain in this "never-ending story". These issues are explored in this text, which contains the proceedings of the ICCA Conference 2000 held in New Delhi, India, in March 2000. This conference, hosted by the Indian Council of Arbitration, explored four topics covering the full range of the arbitral process: the contract, the arbitral proceedings, interim relief, and enforcement. These issues are addressed both from a global point of view and with a particular focus on the recent Indian Arbitration and Conciliation Act 1996, the text of which is reproduced in the Annex.

The many and varied recent developments in the field of international commercial arbitration in 1999, are brought together in this volume of the Yearbook Commercial Arbitration. As in previous volumes, the accent lies on cases in the form of arbitral awards and court decisions, 80 in total. They are selected for inclusion for their general interest and relevance to international practice, presented in a uniform style and translated into English from Arabic, Dutch, French, German, Italian, Japanese, Russian, Swedish and Spanish, as the case may be. The selection of arbitral awards covers a broad spectrum of commercial sectors: finance, maritime, commodities and manufacturing, as well as a variety of contract types such as consultancy, distributorship, foreign investment and sales. The awards also examine many aspects of procedure such as assignment and succession, jurisdiction, determination of the applicable law (including lex mercatoria), interim measures and the powers of arbitrators. ICSID, ICC and Iran-US Claims Tribunal awards are included as well as awards from German, Italian, Japanese and Russian arbitral institutions. The North American Free Trade Agreement (NAFTA) has a place in the Yearbook for the first time in the form of a Decision on the place of arbitration and Award on jurisdiction by an ad hoc tribunal constituted under this Agreement and applying the UNCITRAL Rules. Prominence is given to the reporting on the 1958 New York Convention where 42 decisions from 15 jurisdictions comprising 13 countries, the Court of Justice of the European Communities and the Full Tribunal of the Iran-US Claims Tribunal are included. Common themes are the requirement of an arbitration agreement in writing, the binding effect of arbitral awards, the role of EU procedural and substantive law in arbitration, procedural flaws in the arbitration which may constitute a violation of public policy, sovereign immunity, and the balance of interests between finality of awards and the illegality of the underlying contract. Several decisions applying the 1961 European Convention and the 1975 Panama Convention are also published. The Yearbook additionally publishes a selection of leading court decisions from various countries which will impact arbitration practice in general. This year's selection includes decisions for eight countries and the Court of Justice of the European Communities on such topics as interim measures, the role of EU law, confidentiality, public policy and illegality, and "unconscionable" arbitral clauses. Other features of the Yearbook are the newest rules from the American Arbitration Association (AAA), the China International Economic and Trade Arbitration Commission (CIETAC) and the Stockholm Chamber of Commerce (SCC) and the recently amended Supplementary Rules Governing the Taking of Evidence in International Commercial Arbitration of the International Bar Association with an Introduction by David Rivkin. New or amended arbitration legislation is announced in Recent Developments in Arbitration Law and Practice, with references to the Yearbook's sister publication, the International Handbook on Commercial Arbitration, where the full text of the legislation will be published in English, along with a National Report setting out the law and practice of arbitration in that country. The Yearbook also provides a Bibliography, listing journals and announcing the newest publications in the field of arbitration, including ADR.

The proceedings of ICCA's 1998 Paris Congress, hosted by the Comite francais de l'Arbitrage. This Congress marked the 40th anniversary of the 1958 New York Convention. Three working groups, made up of international experts, professionals and practitioners in the field of arbitration, examined the following topics: arbitration clauses - achieving effectiveness; arbitration procedure - achieving efficiency without sacrificing due process; and arbitration awards - solving problems of enforcement.

This volume of the Yearbook reproduces in Part III A, which is devoted to arbitration rules of international and national institutions, new or amended international arbitration and conciliation rules from the American Arbitration Association, the Commercial Arbitration and Mediation Center for the Americas (CAMCA), the International Court of Arbitration of the International Chamber of Commerce and the Permanent Court of Arbitration. The trend of offering expedited arbitration services is represented in the rules for expedited arbitration of the Stockholm Chamber of Commerce and the Japan Shipping Exchange. UNCITRAL's latest contribution, "Notes on Organizing Arbitral Proceedings", is also reproduced. Part IV on recent developments in arbitration law and practice focuses on the new arbitration acts in Brazil, Guatemala, Malta, New Zealand, Sri Lanka and Zimbabwe, all of which have been inspired by the UNCITRAL Model Law. A selection of Arbitral Awards from a variety of arbitral institutions has been compiled for this volume. Awards emanating from arbitral institutions located in Paris, Hamburg, Milan, Rome, Stockholm and Zurich, as well as awards made under the auspices of the ICC and ICSID, are included. For the first time, the Yearbook also includes two challenge decisions made under the UNCITRAL Rules by Appointing Authorities. The collection of Arbitral Awards is completed by the survey of awards made by the Iran-US Claims Tribunal, along with a selection from these awards. Various categories of Court Decisions are reported in the Yearbook. Part II - B reports on leading cases which have a major impact on both national and international practice. Part II - C focuses on Court Decisions applying the UNCITRAL Model Law as reported in Case Law on UNCITRAL Texts (CLOUT). In addition, a cumulative Index of Articles of CLOUT decisions reported in Yearbook Volumes XIX through XXII is provided. Part V contains Court Decisions applying the major multilateral arbitration conventions. In this volume, more decisions applying and interpreting the 1958 New York Convention than ever before: 69 decisions from 19 countries are reported. A "first" for the Yearbook is the new Part IV - D reporting two decisions on the 1975 Inter-American Convention on International Commercial Arbitration. The Yearbook concludes with a Bibliography containing announcements of recent publications and current periodicals in the field of arbitration and alternative dispute resolution. The "Yearbook Commercial Arbitration" is an ICCA (International Council for Commercial Arbitration) publication with the assistance of the International Bureau of the Permanent Court of Arbitration, The Hague.

This annual reference encompasses significant developments in the field of international commercial arbitration. It contains arbitral awards from various ad hoc and institutional tribunals which address issues such as the applicable law, assignment, bribery, copyright infringement and breach of contract. There are separate sections devoted to new arbitral rules and laws, court decisions relevant to arbitral practice, decisions applying the UNCITRAL model law and those applying two of the major multilateral arbitration conventions - the New York Convention 1958 and the European Convention 1961. The text concludes with an annotated bibliography of recent publications and current periodicals in the fields of arbitration and alternative dispute resolution.

This volume continues to report on current developments in the field of international commercial arbitration. The yearbook has maintained its original format and continues to publish arbitral awards, both constitutional and ad hoc, new and amended rules of arbitral institutions, and accounts of current developments in the law and practice of commercial arbitration worldwide. The Yearbook also includes broad coverage of court decisions applying the UNCITRAL Model Law in International Commercial Arbitration, as well as the major multilateral arbitration conventions: the 1958 New York Convention, the 1961 European Convention, and the 1965 Washington Convention. Part II - A: Arbitral Awards, which is supplemented by a subject index, contains ICSID, ICC and maritime awards that range from topical issues such as the effects of the 1993 boycott of Kuwaiti and Iraqi oil products to classical questions arising in arbitration, such as the application by arbitrators of Conventions and mandatory law regarding issues of public policy. Also included are awards of the Iran-US Claims Tribunal dealing with issues of general interest, such as expropriation, valuation, and standard of compensation, breach of contract and force majeure as well as procedural questions arising form the UNCITRAL rules as applied by the Tribunal. The 47 court decisions contained in Part V - A on the 1958 New York Convention reflect the increasing reliance on this tool for the enforcement of arbitration agreements and awards. The "Commentary on the European Convention on International Commercial Arbitration of 1961" by Dominique T. Hascher contained in Part V - C, along with five court decisions applying this convention, document the growing importance of this international document. Also included are court decisions of general interest to arbitration practice from England, France and the Court of Justice of the EC; court decisions on the UNCITRAL Model Law as reported in "Case Law on UNCITRAL Texts (CLOUT)"; new arbitration rules of the Hungarian Chamber of Commerce, the Society of Maritime Arbitrators, Inc., and the World Intellectual Property Organization; updates on new arbitration legislation in Bahrain, China, Czech Republic, Egypt, Hungary, Ivory Coast, Romania, Singapore and Ukraine; up-to-date lists of Contracting States to the New York, European and Washington Conventions; and a bibliography of recent publications and current periodicals in the field of arbitration and alternative dispute resolution.

"The Yearbook Commercial Arbitration" has established its reputation as a leading publication in the field of international commercial arbitration. The publication reflects ICCA's goal to promote arbitration as a flexible mechanism of dispute settlement in the increasingly litiginous world of global trade. By sharing the most up-to-date information on arbitral awards, court decisions, arbitration rules and legislation, the yearbook offers legal practitioners and scholars comprehensive documentation and commentary on international commercial arbitration. This volume distinguishes itself from previous volumes in its additional coverage of arbitral decisions on domain name disputes from the World Intellectual Property Organization (WIPO) Arbitration and Mediation Center and excerpts of 62 court decisions originating from 10 countries applying and interpreting the 1958 New York Convention.

In ICCA's latest Congress Series, international experts, professionals and practitioners in the field of arbitration put forward answers to the challenge facing international arbitrators to improve the efficiency and predictability of arbitration proceedings. In order to present these topics coherently, the organizers of ICCA's 12th International Arbitration Congress, held in Vienna in November 1994, divided the forum into two working groups: "Planning Efficient Arbitration Proceedings" and "The Law Applicable in International Arbitration". Working Group I focused on the arbitrator's ability to plan proceedings, using various formal and informal methods and techniques. In particular, attention was drawn to the UNCITRAL Draft Guidelines which provides arbitrators with a written reminder of items to be covered while planning proceedings. During debate, proponents emphasized the "optional" character of the guidelines, to allay fears that more efficiency would reduce the ability to solve disputes flexibly. Working Group I also discussed means of improving the presentation of evidence during proceedings. Working Group II faced the complications arbitral tribunals may encounter when the law applicable to the substance of a dispute and the law governing the procedure are different. Attention was also directed toward three other systems of law which may be relevant during the proceedings: the law governing the capacity of the parties, the law applicable to the arbitration agreement and the appropriate conflicts-of-law rules to determine the substantive law. In general the reports of both Working Groups expressed a desire for a more standardized and international approach to arbitration proceedings and emphasized the need to prevent parochial national preference from creating unnecessary obstructions.

For more than three decades, "Yearbook Commercial Arbitration" has been the primary source of up-to-date information for arbitration scholars and practitioners. With its reporting on developments in the law and practice of international commercial arbitration, its excerpts of arbitral awards and court decisions, and its commentary on newly adopted or amended arbitration rules, Volume XXXI continues the Yearbook's tradition of providing such topical information as the following: the largest number of New York Convention decisions ever collected in one volume of the Yearbook - 95 court decisions from 15 countries worldwide, including English translations of decisions from Austria, Belgium, China, France, Germany, Israel, Italy, the Netherlands, and Spain, giving the reader access to material which might otherwise be inaccessible. All the cases are indexed and linked to the General Editor's published commentaries on the New York Convention, facilitating research on any aspect of the Convention. It also includes information about arbitral awards made under the auspices of the International Court of Arbitration of the International Chamber of Commerce (ICC), the German Maritime Arbitration Association, and the Netherlands Arbitration Institute (NAI), as well as ad hoc awards, dealing with procedural and substantive issues of general interest to the business and legal communities; new and amended rules adopted by the International Arbitral Centre of the Austrian Federal Economic Chamber (the Vienna Rules), the International Centre for Settlement of Investment Disputes (ICSID), and the International Commercial Arbitration Court (ICAC) of the Chamber of Commerce and Industry of the Russian Federation; and information on arbitration legislation recently enacted in Austria, Cambodia, Italy, and Malaysia. A new feature in this volume is a 'Digest of Investment Treaty Decisions and Awards' containing a detailed list of subject matters for more than 100 investment awards. A bibliography and list of journals keep the reader up to date on relevant literature. Edited by the International Council for Commercial Arbitration (ICCA), the world's leading organization representing practitioners and academics in the field, the Yearbook is a vital resource for anyone involved in the practice and study of international arbitration.

The Yearbook Commercial Arbitration continues its longstanding commitment to serving as a primary resource for the international arbitration community with reporting on arbitral awards and court decisions applying the leading arbitration conventions, as well as arbitration legislation and rules. Volume XXXIV provides: * A selection of awards made under the auspices of, inter alia, the International Chamber of Commerce (ICC), The German Arbitration Institute (DIS) and the Netherlands Arbitration Institute (NAI), as well as an ad hoc partial award rendered under the UNCITRAL Arbitration Rules; * a selection of court decisions on different topics that are relevant to the practice of (International) arbitration; * Information on PR China, Germany, Italy, Japan, Southern Africa, Spain, the United States and WIPO; * excerpts of 77 court decisions applying the 1958 New York Convention from 23 countries, including, for the first time, cases from Antigua and Barbuda and Kenya; * decisions from Austria, Canada, Germany, Greece, Hong Kong, India, Jordan, Kenya, the Russian Federation, Singapore, Turkey and Venezuela reflecting the parallel application of the UNCITRAL Model Law as adopted in these jurisdictions together with the Convention; * cases from Austria, Brazil, PR China, Germany, Greece, Israel, Italy, Jordan, Netherlands, Netherlands Antilles, Russian Federation, Switzerland, Turkey and Venezuela, all translated from their original language into English; and, * an extensive Bibliography of recent books and journals on arbitration, including this year general works on the theory and practice of arbitration in China, England, France, Germany, Hong Kong, Japan and The Netherlands, as well as commentaries on the rules of the ICC, the LCIA, the NAI and the Vienna International Arbitral Centre. The Yearbook is edited by the International Council for Commercial Arbitration (ICCA), the world's leading organization representing practitioners and academics in the field, with the assistance of the Permanent Court of Arbitration, The Hague. It is an essential tool for lawyers, business people and scholars involved in the practice and study of international arbitration.

Volume XXXVII (2012) of the Yearbook again presents readers with a selection of arbitral awards and court decisions made accessible by translations, indices and categorized lists. Since Volume XXXV (2010), the Yearbook's selection of arbitral awards and court decisions is available in a combination of print edition and online publishing. Arbitral awards continue to be published in print in their entirety, as are Parts of the Yearbook providing various information. Court decisions are presented at two levels of consultation: a Summary of each decision, prefaced by a short recap, is published in print; a detailed Excerpt of the decision is available online at . A code provided with the Yearbook allows readers to access the relevant Volume online, as well as the preceding Volume. Readers who have purchased Volume XXXVII (2012) can therefore access materials from both this Volume and Volume XXXVI (2011).

Long established as the world's leading publication in the field of international commercial arbitration, the Yearbook Commercial Arbitration has, regularly since 1975, demonstrated the great usefulness and flexibility of arbitration as a means of settling disputes in the complex arena of world trade. The twenty-eight volume like its predecessors, provides updated information on arbitral awards, court decisions, arbitration rules and legislation and includes: summaries and analyses of the year's important court decisions applying the leading international arbitration conventions: the 1958 New York Convention, the 1961 European Convention and the 1975 Panama Convention; special sections dedicated to extracts of recent arbitral awards and decisions from the world's leading arbitral centers; court decisions on arbitration from national courts worldwide; updated information on arbitration rules and legislation; and a comprehensive updated bibliography of books and journals on arbitration. In addition, special features of this volume include: a consolidated commentary for Volumes XXII-XXVII, written by the General Editor, commenting on the interpretation application of the 1958 New York Convention in more than 300 cases; excerpts of 54 recent court decisions applying the 1958 New York Convention; a survey of changes in the ICSID and ICSID Additional Facility Rules in force as of January 2003 (submitted by Antonio Parra, Deputy Secretary-General of ICSID); extensive excerpts of the partial and final awards made under the auspices of the Permanent Court of Arbitration in the arbitration between private shareholders and the bank for International Settlements. The Yearbook is edited by theInternational Settlements. Council for Commercial Arbitration (ICCA), the world's leading organization representing practitioners and academics in the field. As always, this latest volume offers vital information for international lawyers, business people, academics and students with a stake in the practice of commercial