The statistics further highlighted the increasing diversity of the parties involved in ICC arbitration, according to experts in international arbitration at Pinsent Masons, the law firm behind Out-Law. One notable trend, however, is the significant increase in new cases involving states or state entities over the past five years." The 869 new arbitration cases filed under the ICC Rules of Arbitration last year is the second highest number of newly filed cases in any year the institution has recorded after 2016. Similar to previous years, the largest number of ICC arbitration cases last year concerned disputes within the construction and engineering and energy sectors, with 211 and 140 cases respectively. For ICC arbitrations in 2019, arbitrators came from 89 different jurisdictions.

Source: The North Africa Journal September 01, 2020 13:52 UTC