Key Issues in International Investment Arbitration ICSID/CRCICA 28 September 2016
Sep 28 2016
The Conference “Key Issues in International Investment Arbitration highlighted the most important and most controversial investment arbitration-related issues and clarified some confusing concepts in the multi-sided relation between host states and foreign investors as precisely reflected in ICSID Caseload. The program included topics on the definition of the investor and the elimination of related ambiguity likely to invoke the denial of benefits condition. Also, expropriation, its definitions and damages, was explored intensively. "How Transparent Could Investment Arbitration Be?” was one of the Conference’s core questions. In exploring answers, the role of states and Amicus Curiae in enhancing transparency of investment dispute resolution was thoroughly discussed.
The focus of the final session was “The Review of Investment Arbitration Awards: A Retro/Pro-spective Analysis”, in the course of which the appeal of arbitral awards proposal was discussed in a thoroughly analytic context. The keynote speech delivered by H.E. Awn Al Khasawnah,eliminated conceptual unfamiliarity related to the overlap of Public International Law and international investment law which sometimes causes confusion in the course of investment dispute resolution.
This exceptionally rich agenda was tackled by 20 expert and speakers from Arab and European Countries as well as the United States of America.
The outreach of the Cairo ICSID events scored 23 countries in attendance being Algeria, Belgium, Cyprus, Egypt, France, German, Iraq, Jordan, Kenya, Lebanon, Libya, Morocco, Nigeria, Russia, South Africa, Sudan, Switzerland, Tunisia, Turkey, UAE, UK, USA and Yemen.
View DetailsABA CLE Reception and Closeout Program 19 September 2016
Sep 19 2016
CRCICA hosted the ABA Continuing Legal Education Reception and Closeout Program on 19 September 2016.
The audience comprised of lawyers, members of law school faculty, government officials as well as representatives from USAID and stakeholders interested in taking the program forward. Speakers were Ray Micklewright, Country Director, Egypt, ABA ROLI; Carl Anderson, USAID; Sherry Carlin, Mission Director, USAID Egypt; Dr. Mohamed Abdel Wahab, Chairperson, CLE Advisory Board and Robert Grey, ABA.
Speeches highlighted the overall success of the program for having provided continuing legal education over six years for more than 1600 young Egyptian lawyers.
View Details23 May 2016: FIDIC and Egyptian Law: What You Must Know?
May 23 2016
The second May Seminar focused on “FIDIC and Egyptian Law: What You Must Know?” and was delivered by Mr. Scott Lambert, Regional Head – Construction & Infrastructure- Al Tamimi & Co. The seminar examined how the Egyptian Law interacts with the written terms of the FIDIC’s general conditions (focusing on the 1999 Red Book) and explained that what is written may not legally mean what it says. Special focus was given to time bars, limited damages, limitation of liability, variations, suspension and termination. Also, the speaker considered some of the common amendments to the clauses and some practical contract administration tips. In conclusion, Mr. Lambert communicated an important message that balancing common law contracts under civil law can be tricky and that users should know their projects to correctly decide which model FIDIC standard contract to use.
Attendees represented the Egyptian construction community and got engaged in lively discussions.
View DetailsCairo New York Convention Road Show 21 May 2016
May 21 2016
On 21 May 2016, the Cairo Regional Centre for International Commercial Arbitration (CRCICA), in cooperation with the International Council for Commercial Arbitration (ICCA) and the National Centre for Judicial Studies organized the Cairo New York Convention (NYC) Roadshow at CRCICA Conference Centre in Cairo-Egypt.
The event was attended by 56 Egyptian judges from the following courts: The Court of Cassation, the Cairo Court of Appeal, the Southern Cairo First Instance Court, the Giza First Instance Court, the Cairo Economic Court, in addition to members of the public prosecution at the Court of Cassation.
The discussions were led by the following seven experts: Prof. Dr. Ahmed S. El Kosheri (Founding Partner, Kosheri, Rashed and Riad, Cairo-Egypt and Advisory Member of ICCA); Prof. Dr. Borham Attallah (Civil Law Professor, Faculty of Law, Alexandria University); Judge Dominique Hascher (French Cour de Cassation and ICCA Governing Board member), Judge Borhan Amrallah (former President of the Cairo Court of Appeal), Judge Nabil Omran (Vice-President of the Court of Cassation), Judge Ismail Al-Ziady (Cairo Court of Appeal) in addition to CRCICA Director and ICCA Governing Board member, Dr. Mohamed Abdel Raouf.
The program of the one day event included three lectures covering the following topics: 1) An overview of the NYC, its objectives, means of interpretation and salient comparative judicial application; 2) the importance of the NYC as a means of assuring legal security; and 3) the role of the national judge in the international arbitration process from the perspectives of both the practitioners and the judges.
The lectures were followed by panel-led discussions covering: 1) Article I to IV of the NYC relating to its scope of application, the arbitration agreement, the enforcement procedures and the requirements to be satisfied by the parties seeking to recognize/enforce foreign arbitral awards; 2) Article V of the NYC relating to the grounds for refusing the enforcement of foreign arbitral awards; 3) Article VII of the NYC with special emphasis on the relationship between the NYC and the Riyadh Convention of 1983 covering inter alia the enforcement of Arab arbitral awards in Arab states; and 4) the enforcement of foreign arbitral awards set aside at the seat of arbitration.
The texts of the NYC, the Egyptian Arbitration Act, the relevant provisions of the Egyptian law on civil procedures as well as the Arabic version of the ICCA’s Guide to the Interpretation of the 1958 New York Convention were made available to the participants in addition to five relevant judgments rendered by the Egyptian Court of Cassation and the Cairo Court of Appeal as well as three doctrinal articles regarding the application of the NYC.
The Roadshow was a great success and has led to very interesting discussions especially with respect to the discretion of the national judges in enforcing arbitral awards while one or more of the causes of refusing enforcement exist, the importance of having a harmonized application of the provisions of the NYC in accordance with the standards and principles of interpretation of international law, the public policy defence under the NYC as well as the analysis of the position of the French courts regarding the enforcement of arbitral awards that have been set aside at the seat.
Details pertaining to ICCA’s judicial virtual forum and the New York Arbitration Convention website were brought to the attention of all participants who showed their interest in learning more about international arbitration in general and the enforcement of foreign arbitral awards in particular.
CRCICA seizes this opportunity to thank Judge Nabil Omran for his tremendous efforts exerted in order to successfully conduct the Cairo NYC Roadshow. CRCICA also wishes to acknowledge the genuine cooperation of Judge Borhan Amrallah and Judge Omar Hafiz as well as the latter’s colleagues at the National Centre for Judicial Studies.
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View Details18 May 2016: Setting Aside of Arbitral Awards under Egyptian Law
May 18 2016
The first of two May Seminars was delivered by Dr. Naglaa Nassar, Principal, Nassar Law Office under the title “Setting Aside of Arbitral Awards under Egyptian Law”. The speech highlighted the salient features of setting aside arbitral awards under the Egyptian Law and analyzed the most common practical issues arising out of the application of the law.
Attendees were a mixture of judges, private lawyers who interacted all together in a lively fashion.
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