Press Release

ALM’s Law Journal Press Publishes Comprehensive Guide to International Arbitration

ALM’s Law Journal Press Publishes Comprehensive Guide to International Arbitration

NEW YORK – June 26, 2015 – ALM’s Law Journal Press, a leading publisher of print and digital publications for legal and business professionals, today released International Arbitration: Commercial and Investment Treaty Law and Practice.

The growing importance of international arbitration as the preferred method of resolving disputes continues as trade and investments have become increasingly multinational and the resulting disputes have become more complex.

This new guide explores the different types and aspects of agreements to arbitrate, including the consequences of what the parties have provided or failed to provide. It discusses the different stages of an international arbitration proceeding, including initiation of the case, constitution of the tribunal, interim measures, discovery, pre-hearing submissions, the hearing on the merits, awards, and annulment and enforcement proceedings. The legal framework in which all of this transpires—international conventions, national arbitration laws, arbitration rules, and the business agreement between the parties—is also considered.

For international business transactions, international arbitration is the dispute resolution mechanism of choice. While not without room for improvement, international commercial arbitration offers distinct advantages over litigating in the public courts of one’s counterparty, including a neutral forum, control over the selection of arbitrators, and a final, enforceable and transportable award. Other advantages include relative confidentiality and the opportunity to tailor the proceedings to the needs of the parties.

The volume was written by attorney Elliot E. Polebaum of the law firm Fried Frank. Mr. Polebaum leads Fried Frank’s International Arbitration practice group, and has been described as “one of the best international arbitration lawyers” in the market and “an outstanding advocate” by Legal 500 in Litigation: International Arbitration.

Additionally, the guide takes up the subject of investment treaty arbitration in detail.  Foreign investors have a strong preference to resolve their investment disputes with States in a neutral arbitral forum rather than in the State’s own courts.  It addresses the legal framework within which these investment treaty arbitrations take place, including discussion of the terms of investment treaties, and the jurisdiction and procedure of investment treaty arbitrations under the auspices of the International Centre for Settlement of Investment Disputes in particular.  The guide also explores the substantive grounds of investors’ treaty claims against States, States’ defenses and counterclaims, remedies, and annulment and enforcement of investment awards.

A detailed table of contents, as well as ordering information for this and other Law Journal Press publications, are available

Law Journal Press, a division of ALM, publishes more than 150 books — in print, online and mobile formats — on a broad range of legal and business topics. Written by leading lawyers and experts and updated regularly, Law Journal Press editions offer definitive and timely information, insightful analysis and practitioner-oriented guidance for the legal profession.

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