Sunday 12 December 2004
At the 22nd Annual Awards Program of the CPR Institute for Dispute Resolution, the International Bar Association (IBA) was presented with the distinguished arbitration body’s 2004 Outstanding Practical Achievement Award.
The Award was given for the IBA’s recently published Guidelines on Conflicts of Interest in International Arbitration. The result of more than two years consultation and review with leading arbitration and industry authorities around the globe, the Guidelines represent the most comprehensive work to date to define the framework by which the impartiality of arbitration in the international arena can be most effectively assured.
Helena Tavares Erickson, Head of the CPR Awards Program, and Senior Vice President for Research, Development & Education said, ‘the IBA was chosen as co-recipient of the Practical Achievement Award because its Working Group’s Guidelines on Conflicts of Interest in International Arbitration was considered by the judges as innovative and a major development in moving ADR forward on an international level’.
Otto de Witt Wijnen, Chair of the IBA’s Working Group on Conflicts of Interest in International Commercial Arbitration, accepted the Award on behalf of the IBA and commented, ‘It is particularly gratifying to know that our peers appreciate our work. We are delighted that the IBA’s Guidelines have received such recognition and acclaim from the CPR Institute, and we hope that this will further promote the use of the Guidelines to provide more efficient and effective cross-border arbitration practice around the world.’
The Award for excellence in Alternative Dispute Resolution was presented at a formal dinner in New York, on Thursday 20 January, by Jerome T Wolf of Kansas City law firm Sonnenschein Nath & Rosenthal LLP.
For further information, please contact:
Romana St Matthew - Daniel
International Bar Association
1 Stephen Street
London W1T 1AT
Tel: +44 (0)20 7691 6868
Fax:+44 (0)20 7691 6544
Notes to the Editor:
• About the Guidelines on Conflicts of Interest in International Arbitration
• About the CPR Institute for Dispute Resolution
About the Guidelines on Conflicts of Interest in International Arbitration
Download the publication
It sets out a series of seven General Standards of independence and disclosure to govern the selection, appointment and continuing role of an arbitrator. The General Standards place responsibilities on arbitrators to research and disclose a series of defined relationships between them or their organisation and any of the parties to the dispute, and set out conditions in which an arbitrator should not accept appointment. They also place responsibility on parties to the dispute to make disclosures of any undue relationship with the arbitrator.
The General Standards were developed based on careful research of existing law in the 14 major jurisdictions represented by members of the Working Group of 19 expert international legal practitioners appointed by the IBA’s Committee on Arbitration and Alternative Dispute Resolution
The Guidelines were approved by the Council of the IBA on 22 May 2004, and are being used around the world.
About the CPR Institute for Dispute Resolution
The CPR Institute for Dispute Resolution is a widely respected alliance of 500 global corporations and leading law firms at the forefront of resolving business and public disputes through mediation and other forms of dispute resolution.
Information on the Awards can be found at: http://www.cpradr.org/awards-guidelines2004.htm