Post-award Interest in the Asia-Pacific


Book Description

The Yukos Awards are among some of the most widely discussed awards in international arbitration. A remarkable point that does not receive the “interest” it deserves is the fact that post-award interest has added USD 7 billion to the awarded value—making a considerable impact on arguably the biggest case to be handled via international arbitration. Even though post-award interest can have very serious economic consequences, most attention in academic literature to the question of interest is limited to pre-award interest, where the discussion revolves around formulaic approaches towards ensuring that pre-award interest is accounted for in claims for compensation. Post-award interest is either ignored completely or when discussed, there is not enough appreciation of the complex questions (in terms of conflict of law, specific jurisdictional issues, among others) that are central to any reasonable discussion of post-award interest. Responding to the dearth of attention paid to this very serious but often overlooked area, this text provides an in-depth analysis of the subject ensuring comprehensive coverage of all relevant issues in major Asian Pacific and Middle Eastern jurisdictions—arguably the fastest-growing economic regions in the world. The book is structured in a manner where a leading lawyer from a jurisdiction has contributed a chapter providing analysis on all possible questions that a reader may have in relation to post-award interest. The eighteen jurisdictions that have been covered are: Australia, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Pakistan, People’s Republic of China, the Philippines, the Republic of Korea, Singapore, Taiwan, Thailand, Qatar, United Arab Emirates, and Vietnam. Each chapter provides an in-depth analysis of the law on post-award interest, including questions of private international law while simultaneously providing practical guidance on the following questions: power to award post-award interest; determination of applicable rate; procedural questions; public policy issues; and role of national courts. The text is structured in an easy-to-use manner, with each author responding to the same set of questions, making comparative research across jurisdictions very easy and efficient. Parties and counsel involved in arbitral proceedings with a nexus to the jurisdictions covered in this book will find the insights provided valuable and, unquestionably, so will arbitral tribunals. From an academic perspective, this publication is sure to lead to further debate on the topic. Policymakers may also take inspiration from comparing the approach taken in other jurisdictions on matters of post-award interest when refining the legal framework in their home jurisdictions. This book will hopefully contribute to the ongoing efforts to bring about consistency and predictability in the manner in which tribunals deal with damages in general, and post-award interest in particular.




Yearbook Commercial Arbitration, Volume XLVIII (2023)


Book Description

The Yearbook Commercial Arbitration continues its longstanding commitment to serving as a primary resource for the international arbitration community. With arbitral awards being published in the newly founded ICCA Awards Series as of 2023, the Yearbook now focuses on court decisions that either apply the principal arbitration conventions or are of general interest to the practice of international arbitration and comes with the addition of new indexes to facilitate research. Volume XLVIII (2023) includes: • excerpts of fifty-three decisions applying the 1958 New York Convention from 21 countries indexed by Convention topics • excerpts from eight decisions applying the 1965 ICSID Convention and the 1975 Panama Convention • excerpts from fifty-nine decisions of general interest to the practice of international arbitration: forty-nine recent decisions of the Singapore International Commercial Court, as well as ten decisions rendered by the courts of Canada, France, Germany, and India, and by the European Court of Human Rights • two new indexes covering all reported decisions: a Table of Instruments and an Index by Subject Matter • announcements of new and amended arbitration rules, and recent developments in arbitration law and practice • an extensive Bibliography of recent books and journals on arbitration • a Compendium of Arbitral Awards Published in the Yearbook 1976 – 2022, concluding the Yearbook cycle of awards publication. The Yearbook is edited by the International Council for Commercial Arbitration (ICCA), the world’s leading organization representing practitioners and academics in the field of international arbitration, under the general editorship of Prof. Dr. Stephan W. Schill and with the assistance of the Permanent Court of Arbitration, The Hague. It is an essential tool for lawyers, businesspeople and scholars involved in the practice and study of international arbitration.







Humanitarianism in the Asia-Pacific


Book Description

This collection offers insights of the international humanitarian system, considering what constitutes humanitarianism in Asia-Pacific, and how it shapes policy and practice in the region and globally. It adds to the conversation on reforming the global humanitarian system by providing the space to share perspectives on humanitarian action from our place in the world. The authors answer these questions by focusing on a range of issues from national to sectoral perspectives to relations between ‘traditional’ and ‘emerging’ players, concluding that the dynamics of the humanitarian system from the perspectives of the Asia-Pacific are rooted in their localized experiences and built outwards. The first significant trend is that understandings of humanitarianism in the Asia-Pacific are primarily shaped by the experience of disasters at home. Second, national governments play a dominant role in humanitarian affairs in the region. Finally, the humanitarian landscape in the Asia-Pacific constitutes a diverse yet under-appreciated set of actors. This book is based on the RSIS Conference on Asia and the Humanitarian World held in 2019 in Singapore. It is relevant to students, scholars, practitioners and policymakers with an interest in humanitarian assistance, disaster management, strategic studies and international relations in Asia-Pacific.




Youth, Media and Culture in the Asia Pacific Region


Book Description

Youth, Media and Culture in the Asia Pacific Region presents an analysis of youth media activities in a diverse, but geographically connected Asia Pacific region. The region, which is spatially connected by its colonial and imperial past, is becoming a significant player in the globalized world. In this context, youth situated in these economically, politically and socially structured communities are redefining their locales through their patterns of media use. The discourse of ‘youth’ in this disparate region is manifest in the media through their identity articulations and social activism. The book illustrates that these ‘youth subcultures’ in the Asia Pacific are part of the well marketed global consumerism culture, and yet at other times independent of the commodifying impetus of global capital. It draws on case studies to examine some of the media practices youth in the region are engaged in and elucidates the process of social change taking place in some Asia Pacific nations. 'This book contributes to the important and growing field of youth media studies. The regionalization of media research is necessarily recuperated here, bringing large populations of media users into a frame of reference that allows critical reflection on the new waves of use and sociality in the Asia Pacific region.' Stephanie Hemelryk Donald, Professor of International Studies, UTS




ADB/OECD Anti-Corruption Initiative for Asia and the Pacific Curbing Corruption in Public Procurement in Asia and the Pacific


Book Description

Corruption in public procurement has become a major issue in the Asia-Pacific region as elsewhere in the world. As a result of corruption, private mansions are being built instead of bridges; swimming pools are dug instead of irrigation systems ...




Digital Review of Asia Pacific 2007/2008


Book Description

The biennial Digital Review of Asia Pacific is a comprehensive guide to the state-of-practice and trends in information and communication technologies for development (ICT4D) in Asia PacificThis third edition (2007-2008) covers 31 countries and economies, including North Korea for the first time. Each country chapter presents key ICT policies, applications and initiatives for national development. In addition, five thematic chapters provide a synthesis of some of the key issues in ICT4D in the region, including mobile and wireless technologies, risk communication, intellectual property regimes and localization.The authors are drawn from government, academe, industry and civil society, providing a broad perspective on the use of ICTs for human development.




Asia-Pacific Regional Security Assessment 2017


Book Description

This book offers an analysis of the four central regional security themes relevant to the policy-focussed discussions at the annual IISS Shangri-La Dialogue. Namely: The evolving roles of the United States and China in Asia-Pacific security; Responses by the US and regional states to regional security tensions, particularly in the South China Sea; Emerging security questions relating to nuclear weapons, missiles and military cyber capabilities; The prospects for regional security cooperation, including the challenges for the ASEAN-centred architecture.




Arbitration in Egypt


Book Description

Egypt, and in particular the Cairo Regional Centre for International Commercial Arbitration (CRCICA), has clearly cemented its status as a preferred seat for arbitration cases in both the Middle East–North Africa (MENA) region and the African continent. To assist parties with a need or desire to arbitrate disputes arising in these regions – whether commercial or investment – this incomparable book, the first in-depth treatment in any language of arbitration practice under Egyptian law, provides a comprehensive overview of the arbitration process and all matters pertaining to it in Egypt, starting with the arbitration agreement and ending with the recognition and enforcement of the arbitral award. Citing more than 2,500 cases – both awards and arbitral-related court judgments – the book’s various chapters examine in detail how Egypt’s arbitration law, based on the UNCITRAL model law, encompasses such internationally accepted arbitral provisions and aspects as the following: application of the New York Convention; concept of arbitrability; choice of applicable law; formation of the arbitral tribunal; selection, rights, duties, liability, and challenge of arbitrators; arbitral procedures; evidence and experts and burden of proof; form and content of arbitral awards; annulment and enforcement procedures; interaction between Sharia law and arbitration; role of Egypt’s Technical Office for Arbitration (TOA); and judicial fees. Special issues such as third-party funding and public policy as well as particular areas of dispute such as construction, sports, real estate, labor and employment, tax, competition, intellectual property, and technology transfer are all covered. The author offers practical guidelines tailored to arbitration in these specific areas of law. An added feature is the many figures and other visuals that accompany the text. For whoever is planning to or is currently practicing arbitration in the Middle East, this matchless book gives arbitrators, in-house counsel and arbitration practitioners everything that is needed to answer any question likely to arise. This book should be on the shelf of every practitioner and academic wishing to comprehend arbitration in Egypt as construed by the Egyptian Courts. Review/Testimonial: “The book is an excellent contribution to understand and assess Egyptian international arbitration law and practice and invaluable guide for lawyers, arbitrators and academics working on arbitration cases connected to Egypt for three main reasons: First, a case law perspective that adds considerable value to the book. The author examines not only the text of laws but also the case law. On every issue, Mr Shehata quotes the positions of Egyptian courts, especially those of the Egyptian Cassation Court. With more than 2,500 cases cited, the book is a precious source to discover the Egyptian decisions originally only in Arabic. Through an analysis and commentary of a great number of decisions rendered by various levels of Egyptian courts, the book offers the most reliable source with regard to the interpretation and the application of the Law No. 27 of 1994 and the international conventions by Egyptian courts. Second, a complete and far-reaching analysis. The book covers all aspects of the arbitration process from the arbitration agreement to the enforcement of arbitral awards. It includes the specific arbitration sectors such as sport arbitration, construction arbitration and investment arbitration. This coverage makes the book one of the reference work on the whole regime of arbitration in Egypt. Third, an up-to-date study, which takes into account rule changes and up-to-date developments on new trends, such as third-party funding, optional clauses, virtual hearings, the use of tribunal secretaries and issues of ethics in arbitration.” Source / Reviewer: Professor Walid Ben Hamida, University of Paris-Saclay, France. ICC DISPUTE RESOLUTION BULLETIN 2021 | ISSUE 3 |




Asia's Cauldron


Book Description

NAMED ONE OF THE BEST BOOKS OF THE YEAR BY FINANCIAL TIMES From Robert D. Kaplan, named one of the world’s Top 100 Global Thinkers by Foreign Policy magazine, comes a penetrating look at the volatile region that will dominate the future of geopolitical conflict. Over the last decade, the center of world power has been quietly shifting from Europe to Asia. With oil reserves of several billion barrels, an estimated nine hundred trillion cubic feet of natural gas, and several centuries’ worth of competing territorial claims, the South China Sea in particular is a simmering pot of potential conflict. The underreported military buildup in the area where the Western Pacific meets the Indian Ocean means that it will likely be a hinge point for global war and peace for the foreseeable future. In Asia’s Cauldron, Robert D. Kaplan offers up a vivid snapshot of the nations surrounding the South China Sea, the conflicts brewing in the region at the dawn of the twenty-first century, and their implications for global peace and stability. One of the world’s most perceptive foreign policy experts, Kaplan interprets America’s interests in Asia in the context of an increasingly assertive China. He explains how the region’s unique geography fosters the growth of navies but also impedes aggression. And he draws a striking parallel between China’s quest for hegemony in the South China Sea and the United States’ imperial adventure in the Caribbean more than a century ago. To understand the future of conflict in East Asia, Kaplan argues, one must understand the goals and motivations of its leaders and its people. Part travelogue, part geopolitical primer, Asia’s Cauldron takes us on a journey through the region’s boom cities and ramshackle slums: from Vietnam, where the superfueled capitalism of the erstwhile colonial capital, Saigon, inspires the geostrategic pretensions of the official seat of government in Hanoi, to Malaysia, where a unique mix of authoritarian Islam and Western-style consumerism creates quite possibly the ultimate postmodern society; and from Singapore, whose “benevolent autocracy” helped foster an economic miracle, to the Philippines, where a different brand of authoritarianism under Ferdinand Marcos led not to economic growth but to decades of corruption and crime. At a time when every day’s news seems to contain some new story—large or small—that directly relates to conflicts over the South China Sea, Asia’s Cauldron is an indispensable guide to a corner of the globe that will affect all of our lives for years to come. Praise for Asia’s Cauldron “Asia’s Cauldron is a short book with a powerful thesis, and it stands out for its clarity and good sense. . . . If you are doing business in China, traveling in Southeast Asia or just obsessing about geopolitics, you will want to read it.”—The New York Times Book Review “Kaplan has established himself as one of our most consequential geopolitical thinkers. . . . [Asia’s Cauldron] is part treatise on geopolitics, part travel narrative. Indeed, he writes in the tradition of the great travel writers.”—The Weekly Standard “Kaplan’s fascinating book is a welcome challenge to the pessimists who see only trouble in China’s rise and the hawks who view it as malign.”—The Economist “Muscular, deeply knowledgeable . . . Kaplan is an ultra-realist [who] takes a non-moralistic stance on questions of power and diplomacy.”—Financial Times