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INTERNATIONAL ARBITRATION (LAWSG069) Credit value: 30 credits (12 ECTS)
Dr Melis Özdel
Mr Martins Paparinskis
Assessment method for Masters students: 3-hour unseen written examination
Various cross-border commercial disputes, such as those arising under contracts for the international sale of goods, insurance and reinsurance and carriage of goods by sea, are frequently resolved by arbitration in London. This module concerns the contractual and procedural elements of international arbitration both from comparative and practical perspectives, focusing particularly on the Arbitration Act 1996, the UNCITRAL Model Law and the New York Convention. International arbitration on the basis of investment protection treaties borrows quite heavily from the practice of international commercial arbitration, but it also partly raises qualitatively different challenges, addressed in this module with particular focus on the ICSID Convention and UNCITRAL Rules of Arbitration.
to ensure that students develop a thorough understanding of the English law of arbitration and the core principles and elements of international commercial and investment arbitration;
to enable students to appreciate differences between arbitration procedures under major international arbitration rules used in practice (especially AAA, ICC and LCIA rules); as well as between international commercial arbitration and international investment arbitration (especially ICSID Convention and UNCITRAL Rules);
to enable students to discuss critically the effectiveness of the current regimes of international commercial and investment arbitration; and
to familiarise students with the sets of major international arbitration rules peculiar to maritime and international trade disputes (especially LMAA, GAFTA and FOSFA rules), and to international investment disputes (especially ICSID Convention and UNCITRAL Rules).
This module is accredited by the Chartered Institute of Arbitrators.
The topics in this module include:
The general principles of international commercial arbitration
Formation, validity, scope and enforcement of arbitration agreements
Parties to an arbitration agreement
The key procedural stages of arbitration, from the appointment of arbitrators to the challenge, recognition and enforcement of arbitral awards
The role of the courts
Powers, duties and the jurisdiction of arbitrators
The applicable law in international commercial arbitration
Alternative dispute resolution
There is no single textbook for this module. However, students will find it useful to consult the following books:
N. Blackaby et al., Redfern and Hunter on International Arbitration (5th edn, 2009), OUP Oxford
G. Born, International Commercial Arbitration (2009), Kluwer Law International
J. Lew, L. Mistelis and S. Kröll, Comparative International Commercial Arbitration (2003), Kluwer Law International
G. Born, International Arbitration: Cases and Materials (2011), Kluwer Law International
A. Tweeddale and K. Tweeddale, Arbitration of Commercial Disputes: Studies in Law and Practice (2007), OUP Oxford
On investment treaty arbitration, the students will find it useful to consult the following books:
R Dolzer and C Schreuer, Principles of International Investment Law (2nd edn, 2012), OUP Oxford
Z Douglas, The Law of International Investment Claims (2009), CUP Cambridge
M Paparinskis, Basic Documents on International Investment Protection (2012), Hart Oxford
Students are also expected to consult various other books, journal articles and cases listed in the lecture notes, which will be posted on Moodle (virtual learning environment).
N. Blackaby et al., Redfern and Hunter on International Arbitration (5th edn, 2009), OUP Oxford, pages 1-63
A. Tweeddale and K. Tweeddale, Arbitration of Commercial Disputes:
Studies in Law and Practice (2007), OUP Oxford, Introduction & Chapter 1
Z Douglas, The Law of International Investment Claims (2009), CUP Cambridge Chapter 1
Other information: N/A
Prizes for this module: There are currently no prizes available for this module.
The application process for the 2014-15 academic session, for entry in September 2014, is now open.
Please refer to the How to apply section for information on the application process.