Originally from: Between East and West: Essays in Honour of Ulf Franke - Hardcover
Between East and West: Essays in Honour of Ulf Franke - Electronic
Procedural Aspects of the Activities of Institutional Arbitration Bodies
Ivan S. Zykin
Institutional arbitration bodies play a very considerable role in
settlement of international business disputes. Parties are free to choose
between ad hoc arbitration and institutional arbitration. When making
their choice, they obviously take into consideration existing differences
between two types of arbitration. As is known, in case of institutional
arbitration an arbitral body, not settling disputes itself, performs certain
functions aimed at proper handing of arbitration proceedings under its
rules. This kind of activity has a notable impact upon the effectiveness of
arbitral proceedings. The very fact that parties often prefer to resort to
institutional arbitration demonstrates the significant positive role of
arbitral institutions in support of arbitral proceedings.
Activities of an institutional arbitration body to promote arbitral
proceedings under its rules, including proper performance of the abovementioned
functions, contribute greatly to the success of such a body.
A very good example in this regard is the Arbitration Institute of the
Stockholm Chamber of Commerce (the SCC Institute), which is quite
rightly ranked among the leading institutional arbitration centers of the
world. To a large extent this is due to many years of tireless fruitful efforts
by Mr. Ulf Franke, Secretary General of the SCC Institute, a prominent
figure in the world of arbitration, a highly respected, learned, goodhearted
person, our dear friend and colleague.
II. PURPOSE OF THE ARTICLE
The purpose of this article is to consider some activities of
institutional arbitration bodies from a procedural point of view, taking as
an example the International Commercial Arbitration Court (the ICAC) of
the Chamber of Commerce and Industry of the Russian Federation (the RF
CCI) and drawing some comparisons with the SCC Institute and the
International Court of Arbitration (the Court) of the International Chamber
of Commerce (the ICC).
About the Author:
Professor Ivan S. Zykin, a well-known scholar and practitioner, was ranked among the four most prominent arbitrators from Russia by the Global Arbitration Review. He is actively involved in drafting various Russian laws and is the author of more than 60 publications on business law and arbitration.