Settlement in Arbitration – A(n) (Un)Happy Marriage?

4 Jun 14:00 - 15:30

Commercial Arbitration

Historically, settlement in arbitration was often viewed with caution or disfavored, particularly in common law jurisdictions, based on the belief that a tribunal's primary role was to render a final, binding award. The DIS is one of the very few institutions that stipulates an obligation for arbitrators to "seek to encourage an amicable settlement of the dispute or of individual disputed issues" (Art. 26 DIS Rules). The way in which this approach is implemented may differ significantly, depending on a broad range of factors, such as the parties' expectations, the arbitral tribunal's experiences as well as the subject matter of the arbitration. The panel will discuss different techniques of settlement facilitation, featuring a select group of leading practitioners with diverse perspectives on the issues of settlement in arbitration.

The session is intended to be practical, interactive, and audience-driven, followed by a networking reception over drinks and snacks.

For further details, visit DIS@LIDW - Settlement in Arbitration