The total number of arbitration cases filed before CRCICA until 30 September 2015 reached 1053 cases. In the third quarter of 2015, 11 new arbitration cases were filed.
CRCICA’s caseload in the third quarter of 2015 involved disputes relating mainly to media and entertainment, supply, shareholders’ agreements, factoring agreement, co-operation agreement, construction, hotel management, lease and settlement agreements.
Two media and entertainment cases were registered during the third quarter of 2015. The first case related to a multiparty contract for the exploitation of broadcasting rights of a television series, while the second case related to a contract concluded between an advertising and production company and a well-known press, printing, publishing, advertising and distribution institution for granting exclusive commercial exploitation rights of adverts.
Two supply cases were also filed during the third quarter of 2015. The first one related to the supply of gas to an industrial company located in Borg El Arab, Alexandria-Egypt. The second case related to the supply of check valves to be used in the implementation of petroleum projects in Egypt.
Two new types of disputed contracts led to arbitration cases filed before the Centre in the third quarter of 2015. The first dispute related to a factoring agreement concluded between a textile company and a factoring company whereby the former is allowed to purchase on agreed open account terms, while its suppliers are paid off immediately. The second case related to a cooperation agreement involving the provision by one of the parties of accredited/valid management, product and training certificates.
The third quarter of 2015 also witnessed the filing of a purely international case arising between companies located in the USA and the UAE with respect to a shareholders’ agreement, which governs the relationship between the shareholders in a financial advisory Egyptian joint stock company.
The other cases filed during the third quarter of 2015 related to: A construction contract including the concrete works for a commercial and administrative building in Sheikh Zayed City, Giza, Egypt; a hotel management case regarding the management of a hotel located in Sharm El-Sheikh; a lease agreement related to a commercial unit located in 6 October City, Giza, Egypt; and a settlement agreement concluded between the former and current agents and distributors of a well-known Korean car manufacturer.
The following pie shows a breakdown of the types of disputed contracts during the third quarter of 2015:
The new types of disputed contracts referred to CRCICA in the third quarter of 2015 clearly illustrate the importance of arbitration as a means of dispute settlement and confirm the credibility of institutional arbitration under CRCICA’s auspices.
In the third quarter of 2015, arbitration proceedings involved parties from different countries including Egypt, USA, UAE, Turkey, Cayman Islands and Spain.
The following pie shows a breakdown of the nationalities of non-Egyptian parties during the third quarter of 2015:
The third quarter of 2015 witnessed the appointment of arbitrators coming from Egypt, Tunisia and Lebanon.
The following pie shows a breakdown of the nationalities of non-Egyptian arbitrators appointed during the third quarter of 2015: