Environmental Engineering Reference
In-Depth Information
of international arbitration chambers like the ICC are subject to national arbitration
laws.
144
There is no other international arbitration institution with the same amount of
experience in the field of international commercial arbitration.
145
The world
s top
arbitration experts guarantee a neutral and well-organized arbitration process.
146
Finally, there are several cases which have been negotiated under the ICC within
the MENA region.
147
'
2.2.1.2 London Court of International Arbitration
Like the ICC, the LCIA is an international institution,
148
and it offers a service
which is as good as that of the ICC.
149
The LCIA has existed since 1986, and
succeeded the 1891 London Chamber of Arbitration.
150
The LCIA deals with
questions of commercial disputes as well as investment disputes.
151
It consists of
a “three-tier structure”, encompassing the Company, the Arbitration Court and the
Secretariat.
152
The LCIA is a non-profit company limited by guarantee (incorpo-
rated in England and Wales).
153
The Company is managed by the Board of
Directors, which does not interfere in the dispute resolution.
154
The Arbitration
Court is the authority which appoints the arbitrators for the respective tribunal.
155
The Secretariat is responsible for the daily administration work of the LCIA.
156
The LCIA and its benefits are quite comparable to the other arbitration institu-
tions.
157
The LCIA is also cost-effective for high value arbitrations, offers special
provisions on the security of costs, and special provisions on confidentiality.
158
Around 6 % of all cases at the LCIA stem from Africa.
159
One of the drawbacks for
144
Semler (
2003
), 97 (99).
145
Hodges et al. (
2010
), 55 (71).
146
One of the best known arbitration institutions, in: Kutty (
2006
), 565 (572); Hodges et al. (
2010
),
55 (71-72).
147
Aljazy (
2000
), 1 (2-4).
148
One of the best known arbitration institutions, in: Kutty (
2006
), 565 (572); McIlwrath and
Savage (
2010
), 47 para 1-099.
149
Metje (
2008
), 172; Bellhouse et al. (
2010
), 101 (101).
150
Dolzer and Schreuer (
2008
), 227; Bellhouse et al. (
2010
), 101 (101); cf Kutty (
2006
),
565 (574); cf McIlwrath and Savage (
2010
), 47 para 1-099.
151
Dolzer and Schreuer (
2008
), 227.
152
Bellhouse et al. (
2010
), 101 (103); LCIA (
2014a
).
153
LCIA (
2014a
); Bellhouse et al. (
2010
), 101 (103).
154
Bellhouse et al. (
2010
), 101 (103); LCIA (
2014b
).
155
LCIA (
2014b
); Bellhouse et al. (
2010
), 101 (103).
156
LCIA (
2014b
); Bellhouse et al. (
2010
), 101 (103).
157
Bellhouse et al. (
2010
), 101 (112).
158
Bellhouse et al. (
2010
), 101 (112).
159
Bellhouse et al. (
2010
), 101 (102).
