HKIAC conference key speaker calls for forward thinking on contract expectations

0
1780

This year’s keynote speaker at the Hong Kong International Arbitration Centre’s (HKIAC) ADR in Asia Conference discussed the theme “forward thinking” by proposing arbitrators and parties signing a contract to agree on their expectations.

“I believe many concerns about international arbitration can be resolved if we focus more on what parties and counsel expect from the tribunal, and what tribunal expect from the parties and their counsel,” David Rivkin, president of International Bar Association, told conference attendees. “We need to establish a new contract between the arbitrators and parties that will establish these expectations from the start. It should establish fundamental principles on which more specific behaviours can be grounded.”

Rivkin expressed hope that the arbitration community could develop such contracts, setting out terms that could be signed at the commencement of each case. This proposal, he said, reflects the fact that ultimately arbitrators owe their duties to the parties, whether directly or through arbitration institutions.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们