Interests, Auxiliary and Alternative Remedies in International Arbitration

Arbitrators frequently face requests wrongly considered as being of incidental nature. Interest claims, in particular, raise delicate legal issues and may involve considerable amounts sometimes exceeding the main claim. In order to guarantee the quick and effective enforcement of awards, the arbitral practice is looking for new approaches, such as lump assessment, ""clauses pénales"" or judicial penalties (""astreintes"").

The Dossier V: Interest, Auxiliary and Alternative Remedies in International Arbitration, a compilation of the proceedings of the 2007 Annual Meeting of the ICC Institute of World Business Law, addresses a wide range of topics on remedies and interest including contractual remedies, judicial penalties, specific performance, issue of applicable law, comparative approaches, and interest in arbitration practice. It is designed to offer solutions on how to control the impact of time between the occurrence of the damage and its full compensation.

The contributors to this Dossier include:

• Antonias Dimolitsa
• Alexis Mourre
• V.V. Veeder
• Andrea Giardina
• John Beechey
• Filip de Ly
• Gareth Kenny
• John Yukio Gotanda
• Tarek Fouad A. Riad
• Homayoon Arfazadeh
• Thierry Sénéchal
• Laurent Lévy

Serge Lazareff, distinguished Member of the Paris Bar, has been Chairman of the ICC Institute of World Business Law since 1999. With the publication of Dossier V: Interest, Auxiliary and Alternative Remedies in International Arbitration, the ICC Institute fulfils its dual mission: training and acting as a think-tank for the International Chamber of Commerce particularly in the field of arbitration.