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ARTICLE · 28 JULY 2010

International Arbitration Newsletter - Q2 2010

DLA Piper UK LLP
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In the current economic climate, parties to commercial disputes are increasingly concerned about the recovery risk involved in pursuing arbitration proceedings, in particular the risk that an opponent may not be able to comply with an arbitral award made against it or that an opponent's future financial security becomes uncertain (such as a risk of insolvency arising after proceedings have been commenced).

United KingdomLitigation, Mediation & Arbitration

This is a reproduction of the spring edition of our quarterly electronic newsletter.

CONTENTS

  • Europe
     LCIA's Power to Order Security for Disputed Amounts
  • Australia
     Bill Promotes Australia as an Effective Forum
  • United States
     Appellate Court Sanctions Lawyers for Appealing Arbitral Award
  • Latin America
    Recognition of Foreign Arbitral Awards in Brazil

News from the Arbitration Institutions

LCIA ARBITRATION: TRIBUNAL'S POWER TO ORDER SECURITY FOR THE AMOUNT IN DISPUTE
By Hannah Khawaja, London

In the current economic climate, parties to commercial disputes are increasingly concerned about the recovery risk involved in pursuing arbitration proceedings, in particular the risk that an opponent may not be able to comply with an arbitral award made against it or that an opponent's future financial security becomes uncertain (such as a risk of insolvency arising after proceedings have been commenced). The likelihood of successfully enforcing an

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