September October 2016 | Page 24

IBERIAN LAWYER Masterclass Is the legitimacy of international arbitration at risk? International arbitration continues to be by far the preferred dispute resolution mechanism for cross-border disputes. However, there are still areas of concern such as costs, lack of insight into arbitrators’ and institutions’ efficiency and lack of transparency with respect to appointment of arbitrators. 14 November 2016, Miami In addition to these concerns the public perception of international arbitration has been affected by a series of recent developments. As public perception is often driven by the amount of publicly available information or lack thereof, the need for greater transparency in international arbitration becomes critical. The arbitration Masterclass in Miami brings once more a specially invited audience of arbitration experts attending the ICC annual conference. The format is informal and interactive, a roundtable debate, without speakers or presentations. Venue Mandarin Oriental Hotel 500 Brickell Key Dr, Miami, FL 33131 Time 7.30 am-8.45 am (Breakfast included) The specially invited panel will be discussing the following issues: 1. Why is legitimacy being questioned in arbitration? a) How are events such as the European Commission’s opposition to investor-state arbitration in the context of the negotiations of the Transatlantic Trade and Investment Partnership, diminishing the authority of international arbitration as a legal institution in the public eye? Could this have consequences for commercial arbitration? b) Is this the end of arbitration as we know it? What are the challenges ahead? How can private arbitration offer greater guarantees when states are involved in disputes? 2. Who has authority to make changes in arbitration? a)What is the role of the institutions? Can they take measures imposing codes of conduct? What is their legitimacy for doing that? b) What are the risks when institutions “prescribe” or force measures? As costs are still one of the main concerns of users, how can institutions and arbitrators develop “real” cost-effective systems? Is response from arbitrators going to improve by penalizing them? Moderator Andrea Carlevaris ICC International Court of Arbitration Panel members Luiz Aboim White & Case Dietmar W. Prager Debevoise & Plimpton Eduardo Zuleta Gómez-Pinzón Zuleta Abogados David Arias Arias SLP Mark Kantor Georgetown Law As limited space is available, participation will be registered on a ‘first come, first served’ basis. To receive more details and reserve your place, please send an email to [email protected] In collaboration with: 22 • IBERIAN LAWYER • September / October 2016 www.iberianlawyer.com