News

27 Nov 2009

Conference on Settlement in Arbitration: Report and Rules

On 26 November 2009, CEDR held the first conference to focus entirely on settlement in International Arbitration, to mark the end of the CEDR Commission on International Arbitration's consultation on new Rules to encourage settlement in international Arbitration. Drawing speakers and delegates from across the globe, this event was an opportunity for those within the arbitration community to share their thoughts and opinions on what has been described by delegates as "a very important initiative", and to launch the final report.

Lord Woolf opens the conference

Lord Woolf opens the conference

Chaired by Lord Woolf, the conference attracted 100 delegates from Australia, Canada, China, Germany, Hong Kong, Japan, Kuwait, Republic of Ireland, South America, Switzerland, Taiwan, the United Kingdom and the United States. The conference explored the theme of settlement from a variety of perspectives including the arbitrator's view, the arbitral institutions' opinion, thoughts from Corporate Counsel, the views of External Counsel and the views from difference cultural perspectives.

Speakers from Nestle, Lloyds Market Association, GlaxoSmithKline and Skanska

Speakers from Nestle, Lloyds Market Association, GlaxoSmithKline and Skanska

Stating that international arbitration has "lost its way", the former lord chief justice Lord Woolf helped launch the CEDR rules which will aim to build mediation into the arbitration process. The rules will streamline proceedings at a time when there has been a marked increase in disputes. It includes a ‘mediation window' to be inserted into arbitral proceedings to make it easier for parties to come to a settlement in international arbitrations.This would enable proceedings to be adjourned so that mediation can take place at the request of the parties. [1]

For more information on the CEDR Commission, the conference and the Rules, please see The CEDR Commission on Settlement in International Arbitration

2009 CEDR Dinner

The 2009 CEDR Dinner

The conference was followed by CEDR's Annual Dinner, also held at the Banqueting House. Guests of honour included the Lord Chief Justice, Lord Judge, as well Lord Woolf and CEDR Life President, Sir Alex Jarratt.


[1] Baksi C, ‘Woolf calls for arbitration overhaul as he launches new guidance', Law Gazette, 3 December 2009. Read full article here

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