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Increased Interest in Arbitration Life Sciences Disputes [L]

Allen & Overy discuss several of teh attractive features of arbitration for life science companies and note the increased demand for arbitration across the industry:

Life sciences companies are turning to arbitration because it can offer a dispute-resolution mechanism that better aligns with their business needs. Arbitration can reduce the cost of life sciences disputes and make their outcomes more predictable by offering confidential, efficient proceedings adjudicated by arbitrators who are industry experts. Moreover, arbitration allows parties to consolidate multi-jurisdictional disputes into one proceeding and easily enforce the ensuing award around the world.

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Review of the AAA Updates to teh Commercial Arbitration Rules [L]

Freshfields reviews the AAA’s recent amendments to its widely used Commercial Arbitration Rules—effective as of 1 September 2022: The amendments provide new rules for consolidation and joinder, not in the prior version, bringing the AAA into alignment with the other prominent arbitration institutions […] The amendments also offer improved

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Weekly Roundup

Arbitration The biggest news of the week comes directly from the European Commission which called for a “coordinated withdrawal” of EU member states from the Energy Charter Treaty. The Global Arbitration Review helpfully summarised: In a major policy U-turn, the European Commission has proposed a “coordinated withdrawal” of EU member

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ICCA: New Tool for Assessing Damages in International Arbitration

ICCA has published its new online tool for understanding and valuing damages in international arbitration matters.