Arbitration Award Annulments Are Declining, ICSID Says

By Hannah Sheehan (May 9, 2016, 8:16 PM EDT) -- The World Bank's International Centre for Settlement of Investment Disputes has reported a decline in award annulments over the last three decades, with just a 3 percent rate of full or partial annulment for awards granted since 2011 in cases registered under the ICSID Convention, the international arbitration institution announced Friday....

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