Event occurred on: 12-5-2024
2024 Washington Arbitration Week - Expedited Proceedings in International Investment and International Commercial Arbitration: Features and Steps that Parties, Counsel and Arbitrators Must Bear in Mind and Take
Time: 2:30 - 3:45 PM EST
Location: Freshfields | 700 13th Street, NW, Washington, DC | Remote option
Arbitration can serve as an efficient and cost-effective means of resolving disputes within a private and impartial framework. For less complex issues or cases involving smaller amounts, expedited arbitration can be especially attractive, particularly when parties seek a substantive ruling rather than a compromised settlement.
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Many leading arbitration rules now include provisions for expedited arbitration, which typically feature accelerated timelines, simplified procedures, reduced costs, minimal or no hearings, and a focus on delivering swift awards. Among these rules, the 2022 ICSID Rules allow for expedited arbitration, contingent on mutual consent from both parties. The AAA/ICDR has its own framework that focuses on minimizing costs and timelines, while the ICC includes expedited procedures that are automatically applicable to certain disputes unless parties expressly agree to opt out. Each of these frameworks has unique features that cater to different needs in the arbitration process.
This panel will examine the practical steps that parties, counsel, and arbitrators should take when engaging in expedited arbitration. It will cover strategies for effectively managing the expedited process, addressing potential challenges, and ensuring that the arbitration remains fair and efficient. Panelists will share their insights on expedited arbitration, the strengths and limitations of different expedited arbitration rules, and how they may or may not contribute to achieving prompt and cost-effective resolutions possibly for small and medium size disputes, while maintaining the integrity of the arbitral process.
The panel, which will be moderated by Freshfields’ international arbitration partner Lee Rovinescu, will feature the following speakers: Joe Tirado (JAMS), Gonzalo Flores (ICSID) (TBC), Rafael Carlos del Rosal Carmona (AAA) (TBC), and Natalia Szlarb (Wiley Rein LLP).
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To attend in person, register here.
To attend remotely, register here.
CLE Credit Info
- California Law 1 General (participatory)
- New York Law 1 PP – Transitional and Non-transitional
- Virginia Law 1 General (pending)
CA CLE: Freshfields Bruckhaus Deringer US LLP has been certified by the State Bar of California as an approved provider of MCLE.
NY CLE: Freshfields Bruckhaus Deringer US LLP has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of Continuing Legal Education in the State of New York. This continuing legal education course has been approved in accordance with the requirements of the New York State CLE Rules and Regulations for credits as indicated above.