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NYIAC News

Annual Update 2016-2017 launched!

February 22, 2018

Why are your clients choosing New York as arbitral seat? Who are you most likely to run into at NYIAC hearings? How can you stay up to date on New York case law on international arbitration? Answers to these questions and more are in NYIAC’s 2016-2017 Annual Update.


Read the full Update here.

New York Tops Popularity Ranking as Seat for International Arbitration

May 5, 2016

NEW YORK, May 5, 2016 – New York continues to be the leading venue for international arbitration in the United States under the auspices of the International Court of Arbitration of the International Chamber of Commerce (“ICC”), which grew significantly in the Americas in 2015.

The ICC Secretariat registered 801 new cases in 2015, involving 2,283 parties. According to the ICC’s most recent statistical report, “The numbers of both US and Canadian parties rose to record levels in 2015. … In the two full years since [the New York office of the ICC] has been operational, the numbers of parties from North America involved in ICC arbitration has risen by 30%. The same period has also seen a 40% rise in the number of parties from Latin America.” (In ICC Dispute Resolution Bulletin Vol. 26, No. 1, available at http://www.iccwbo.org/Products-and-Services/Arbitration-and-ADR/Arbitration/Introduction-to-ICC-Arbitration/Statistics/.)

The United States as a whole achieved an important benchmark in 2015, surpassing the United Kingdom in number of new ICC cases. The U.S. became the third most frequently chosen country for the seat of ICC arbitration, after France and Switzerland. Of the 60 new ICC cases seated in the U.S., the greatest number were located in New York (28 cases), with the remainder scattered among Florida (11), California (9), Texas (6), Missouri (2), Washington DC (2), North Carolina (1) and Ohio (1).  New York thus is the scene of close to half of all ICC arbitrations in the U.S., far outranking all other U.S. Cities.

New York City also displaced Zurich to rank as the fifth most popular city for international arbitration, after Paris, London, Geneva and Singapore. New York International Arbitration Center (“NYIAC”) Chair James H. Carter, Senior Counsel at WilmerHale LLP, stated, “Parties worldwide recognize the benefits of locating their international arbitrations in New York, among which are the application of international (rather than local U.S.) standards in matters such as pre-hearing disclosure and the New York courts’ support of the arbitral process.” NYIAC has recently launched a public database of New York court decisions on international arbitration, freely available at http://nyiac.org/case-law-library/.

New York law was most frequently chosen as governing law, by a large margin, in international arbitration cases in which parties chose U.S. laws to govern their disputes. NYIAC Executive Director, Alexandra Dosman, said, “Parties look to the stability and predictability of New York law as a gold standard for rules to govern their contractual disputes.”

To learn more about international arbitration in New York, contact NYIAC Executive Director Alexandra Dosman at or 917.300.9550.

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Founding Chair Judith S. Kaye

January 29, 2016

Judith S. Kaye

Judith Kaye

January 8, 2016
The directors and members of the New York International Arbitration Center deeply mourn the passing of our Founding Chair, the Hon. Judith S. Kaye, former Chief Judge of the New York State Court of Appeals. We were privileged to have her take on the leadership of the Center. She brought it from a concept to a reality and led it with her inimitable warmth, grace, and humor. Her legacy will honor her memory. Source

The New York Times

The Wall Street Journal

New York Law Journal

Huffington Post

Observer

Times Union

The Grand Central Forum: Media Coverage

April 20, 2015

NYIAC’s annual flagship event, The Grand Central Forum, was held on April 16, 2015.

Read media coverage of the program here:

Bloomberg BNA
“Grand Central Forum Brings Arbitration into Focus”
“Cherie Blair Talks Gender Parity in Law”

New York Law Journal
“Challenge Critics, Arbitration Lawyer Urges Conference”

 

Fifth Annual Competition for the Smit-Lowenfeld Prize

March 20, 2015

The International Arbitration Club of New York
announces its Fifth Annual Competition for the SMIT-LOWENFELD PRIZE

The Smit-Lowenfeld Prize is awarded annually by the International Arbitration Club of New York to recognize the outstanding article published in the previous year on any aspect of international arbitration.  The Prize honors the late Hans Smit of Columbia Law School and Andreas F. Lowenfeld of New York University School of Law, both renowned scholars in international litigation and arbitration and well known arbitrators.

The 2013 Smit-Lowenfeld Prize was awarded to Stephen Fietta and James Upcher for their article, Public International Law, Investment Treaties and Commercial Arbitration: an emerging system of complementarity?, published in Arbitration International, Vol. 29, No. 2 (2013).

Only articles published in English during the year 2014 will be considered for the 2014 Smit-Lowenfeld Prize.  Articles should be submitted by email, in PDF format, to the International Arbitration Club of New York c/o Jennifer Permesly, at . Questions may be directed to Ms. Permesly by email or at +1-212-257-6941.

The deadline for receipt of submissions for the 2014 competition is April 30, 2015.

The winning article will be selected by a jury composed of members of the International Arbitration Club of New York.  The winner of the Smit-Lowenfeld Prize will receive an honorarium of US$2500 to be presented at a ceremony in New York.  Ms. Permesly will also accept articles published in the year 2015 on a rolling basis, which will be held for consideration until the 2015 competition is announced.

The Consensual Dispute Resolution Competition Vienna

March 17, 2015

Vienna 

The IBA-VIAC Mediation and Negotiation Competition
July 1-4, 2015, Vienna

The “CDRC Vienna” is a premiering event in the field of Consensual Dispute Resolution, with a focus on the fields of mediation and negotiation. The Competition will bring together students from around the world who specialize in mediation or negotiation to enable them to prove their skill and strategy to achieve the best deals in simulated legal mediations based on an adapted version of the Willem C. Vis International Commercial Arbitration Moot problem. The four day event will include over 40 competition sessions and will be accompanied by a variety of educational and social events, including world-class mediation and negotiation trainings.

For more information visit www.CDRCVienna.org or email Competition Director Claudia Winkler at claudia.winkler@CDRCVienna.org.

Download the Flyer

Alexandra Dosman to speak at ICDR/CCB conference in Bogotá

October 3, 2014

Alexandra Dosman will be speaking at The Third ICDR & CCB Joint International Arbitration & Mediation Conference on October 28, 2014, being held in Bogotá, Colombia. The conference will focus on international construction and infrastructure dispute resolution processes with additional panels discussing risks and challenges. Ms. Dosman will provide updates on important international arbitration cases of 2014. For more information and program details, click here.

Seated in New York – Panel, Q&A and Reception for LL.M. Students

February 27, 2014

On 11 March 2014, NYIAC and Baker & McKenzie are inviting distinguished New York practitioners to discuss the practical questions of seating an international arbitration in New York.

Click here to see the Flyer.

Please RSVP here.

 

NYIAC/NYSBA Reception in Connection with the NYSBA Annual Meeting

January 14, 2014

Click here for the Brochure

Click here to register or email