Displaying 8981 - 8990 of 11430

Drafting Arbitration Agreements

26 March 2019
Mr. McQueen said that arbitration agreements form part of the "bargain" agreed between parties to a contract and evidence the terms of such agreement. Such terms must be drafted in clear, unambiguous language and adapted to the particular needs of the parties. Thus, those drafting arbitration…

Arbitration in Papua New Guinea Drafting Arbitration Agreements

26 March 2019
Mr. Daniel Kalderimis, partner at Chapman Tripp, talked about the objectives of drafting an arbitration clause: to promote enforceability, protect confidentiality and preserve flexibility. He explained that, usually, the best way of achieving these ends are to use, or at least to start with, the…

Contracting with Foreign Parties CrossBorder Dispute Resolution

26 March 2019
Prof. Khory McCormick, vice president at ACICA, moderated the session. Mr. Rio Fiocco, president of the Port Moresby Chamber of Commerce & Industry, stressed the urgency of having an effective way of resolving disputes that may arise between the contracting parties, as an increasing number of…

International Commercial Arbitration in Upstream Oil and Gas Vector

26 March 2019
Ms. Leah Ratcliff, of counsel at Jones Day, talked about upstream energy projects. According to her, these projects involve complex contracting structures that govern the rights and obligations of multiple entities, including host state representatives and multiple investors or joint venture…

Gas Supply Transactions and Disputes

26 March 2019
Mr. Steven Finizio, partner at Wilmer Cutler Pickering Hale and Dorr LLP, discussed about gas supply transactions and disputes. Gas supply disputes may involve prices in long-term gas and liquefied natural gas contracts, supply failures, violations of anti-trust or competition laws and regulations…

Arbitrating Financial Disputes

26 March 2019
Mr. Finizio talked about the state of use of arbitration amongst the financial sector. On the one hand, arbitration is advantageous because of its enforceability, procedural flexibility, confidentiality, finality, and choice of arbitrators with specialized financial expertise. On the other hand,…

Developments in Institutions and Rules

26 March 2019
Mr. Finizio identified the measures used to promote efficiency and cost-effectiveness, such as early determination of claims and defenses and expedited procedures for smaller claims. He also talked about amendments and proposed changes to institutional rules concerning transparency, settlement…

Exploration and Production Phase

26 March 2019
Mr. Shai Wade, partner at Stephenson Harwood LLP, focused on exploration and production, and the disputes that may arise during these stages, particularly consortium disputes and service contract disputes.

Renewable Energy Disputes

26 March 2019
Mr. William B. Panlilio, associate at King & Spalding, zeroed in on renewable energy. He stressed that renewable energy will become an increasingly important component of the energy mix of many countries around the world, especially in Asia and the Pacific where vast renewable energy potential…

International Arbitration in Project Finance Transactions

26 March 2019
Mr. Prakash Pillai, partner at Clyde & Co Clasis Singapore Pte. Ltd., began by introducing the audience to the concept, parties involved, and typical structure of project finance transactions. He then identified the benefits of arbitration as a dispute resolution method in project finance…