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- W2266452010 abstract "The International Court of Arbitration (the “Court”) of the International Chamber of Commerce (the “ICC”) is a leading institution for the resolution of international commercial disputes. The Court is headquartered in Paris, France and also has a branch in Hong Kong. Paris is undoubtedly the focal point of the international arbitration world and the city most frequently selected as the seat of arbitration by parties in ICC arbitrations. Since its establishment in 1923, the Court has administered more than 16,500 arbitrations. In 2010 alone, 793 new cases were filed involving 2,145 parties from 140 countries. In the same year, ICC arbitrations took place in 53 countries involving 1,331 arbitrators of 73 different nationalities. While these are impressive statistics by any standard, what is Canada’s share of this global arbitration pie? The answer is much less impressive. In 2010, only 19 cases involving Canadian parties were registered by the ICC. Moreover, the 2010 statistics are not uncharacteristic of Canadian parties’ historical use of ICC arbitration. Between 2000 and 2010, the ICC only administered 193 arbitrations involving Canadian parties. This translates into an average of approximately 18 such cases per year and begs the question-why do Canadian parties turn to ICC arbitration so infrequently? And, perhaps of even greater interest, where do they turn to instead?" @default.
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- W2266452010 date "2011-06-01" @default.
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- W2266452010 title "Canada and the ICC – How Do Canadians Resolve Their International Disputes?" @default.
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