Archive for May, 2016

Arbitrators Do (Not Always) Know Best: Consent Awards and Due Process

Arbitrators Do (Not Always) Know Best: Consent Awards and Due Process

Arbitral awards on agreed terms (consent awards) by their very nature rarely face problems with enforcement. However, in late 2015 the Russian Supreme court upheld the ruling of the Saint Petersburg Commercial Court refusing enforcement of a consent award rendered by the International Commercial Arbitration Court at the Russian Chamber of Commerce (the “ICAC“). The […]