• Title/Summary/Keyword: IBA Guidelines on Conflict of Interest

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Impartiality and Independence of Arbitrators - IBA Guidelines on Conflict of Interest in International Arbitration 2014 and Case Study - (중재인의 공정성 및 독립성 -2014 국제중재에서의 이해관계 상충에 관한 국제변호사협회 가이드라인과 사례연구-)

  • JOE, Inho
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.78
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    • pp.31-51
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    • 2018
  • As International arbitration has increased in popularity, there has been an expansion in the pool of arbitrators, and a commensurate diversification of not only the legal backgrounds but cultural backgrounds among themand among parties. As a result, there has been increased attention on the standards used to evaluate arbitrators' conduct and ethics, especially among them, 'Impartiality and Independence of Arbitrator' which is a precondition for an acceptable awards. There is no international treaty or code governing these issues. But the International Bar Association(IBA) seems to be leading the way such as establishing practical guidelines regarding to impartiality and independence of arbitrator. This article will review some theories, cases about impartiality and independence of arbitrator, and practical standards through the IBA guidelines. It is intended to provide specific guidance and criteria to the arbitrators, parties and counsels. And also it is expected to prevent unnecessary delays in arbitration proceedings in advance and filing for the annulment of arbitral awards because of lack of impartiality and independence of arbitrator as well.

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