ICC Arbitration Breakfast in Romania
Join us for the first edition of the ICC Arbitration Breakfast in Romania.
Organized by ICC Dispute Resolution Services, this event offers a critical platform for professionals to engage with the evolving landscape of ICC arbitration. It will focus on current trends and offer insights into ICC arbitration’s distinctive features, including a behind-the-scenes look at the ICC Court scrutiny process and its role in positioning ICC as a trusted arbitration institution. The event will also include a discussion on the financial aspects of ICC arbitration, addressing key issues such as cost allocation, fee structures, and strategies for managing cost-related risks in complex disputes.
Initiated and co-hosted by the current ICC Court members for Romania, Ioana Knoll-Tudor and Sebastian Gutiu, the event provides attendees with the opportunity to connect with peers, leading experts, and top-level representatives of the ICC International Court of Arbitration. It also offers excellent potential for networking to professionals involved in international dispute resolution.
Who should attend? Private practice lawyers advising on international arbitration, arbitrators, mediators, business professionals, academics, general counsel, and in-house legal teams from companies across various industries.
Venue: The Marmorosch Bucharest, Autograph Collection | 2 Doamnei Street, Bucharest, Romania.
Sophia Zaia, Executive Assistant, ICC Arbitration and ADR, Europe, Dispute Resolution Services: sophia.zaia@iccwbo.org
Daniela Badoi, PR ＆ Corporate Communications Manager, Schoenherr, Bucharest: d.badoi@schoenherr.eu
Simona Kasperaviciute, Business Development Manager, Addleshaw Goddard: simona.kasperaviciute@addleshawgoddard.com
(Bucharest time zone)
09:00-09:30 Registration & Welcome Coffee
09:30-09:45 Opening remarks
09:45-10:45 Panel 1 | ICC Arbitration: Trends and Distinctive Features
This panel aims to provide insight into current trends in ICC arbitration and highlight the unique features that make it a preferred choice for parties. Key topics for discussion include:
- Statistical Insights: Presenting recent data on case filings, prevalent industries, and geographical distributions to identify arbitration trends in Romania and the wider Central and Eastern Europe region.
- Distinctive Features: Drawing from general analytics and recent case studies, discussing the key features of ICC arbitration and the value it offers to parties.
- The Scrutiny Process, Behind the Scenes: Exploring – together with current and past ICC Court members – the ICC's unique scrutiny process for arbitral awards, highlighting its role in ensuring quality and enforceability.
Speakers:
- Cristina Alexe, Partner, ACEADVISOR, Bucharest
- Alexander G. Fessas, Secretary General, ICC International Court of Arbitration; Director, ICC Dispute Resolution Services
- Cristiana Stoica, Founding Partner, Stoica & Asociatii, Bucharest
- Panel hosted by: Sebastian Gutiu, Alternate Member for Romania, ICC International Court of Arbitration; Office Managing Partner, Schoenherr, Bucharest
10:45-11:45 Panel 2 | Demystifying Costs in ICC Arbitration
This panel seeks to unravel the complexities of ICC arbitration costs and to support an enhanced perception of various available scenarios offering practical insights into financial considerations. Key topics for discussion include:
- Arbitration Costs: Breaking down the components of arbitration costs, including administrative expenses and arbitrators' fees, and discussing the ICC's advance on costs system.
- Fee Arrangements: Analysing various legal and funding arrangements, including fee structures and their potential implications on the overall cost of arbitration.
- Non-Payment by Respondent: Addressing scenarios where the respondent fails to pay their share of costs and the procedural remedies available, including partial awards.
Speakers:
- Alexander G. Fessas, Secretary General, ICC International Court of Arbitration; Director, ICC Dispute Resolution Services
- Cornel Popa, Partner, Tuca, Zbarcea & Asociatii, Bucharest
- Cosmin Vasile, Managing Partner, Zamfirescu Racoti Vasile & Partners, Bucharest
- Panel hosted by: Ioana Knoll-Tudor, Member for Romania, ICC International Court of Arbitration; Partner, Addleshaw Goddard, Paris
11:45-12:30 Coffee & Networking
