International Arbitration Newsletter - October 2019
In this month’s newsletter we look at Arbitration Award Default Insurance (AADI) and round up the main international arbitration news by geographic area. In institutional news the headline item is that the three main Spanish arbitral institutions have merged to form 'Centro Internacional de Arbitraje de Madrid' (CIAM).
The availability of AADI may provide a claimant or investor (including a third party funder of claims) with the necessary comfort to commence proceedings and realise value that would otherwise be left dormant because of uncertainty as to enforcement risk.
Partner Joe Tirado (London) spoke on International Commercial and Investment Mediation at the10th International Conference on Alternative Dispute Resolution – The Cooperation between Public Administration and Judiciary with the Business Sector, held in Zagreb on 24 October 2019