Throughout its 100-year historical past, ICC has introduced international enterprise collectively to assist a global rules-based order, together with the promotion of worldwide commerce and commerce by means of initiatives and providers together with these of the ICC International Court of Arbitration (ICC Court).
The partnership will see Jus Mundi, the world’s most complete analysis engine for worldwide legislation and arbitration, present full public entry to all publishable ICC Court awards and associated paperwork made as of 1 January 2019.
Commenting on the settlement, ICC Court President, Alexis Mourre stated: “The publication of ICC awards on an opt-out basis through a trusted partner is an important development in the ICC Court’s policy to enhance transparency in ICC Arbitration. The increased availability of awards will contribute to improve the quality of ICC Arbitration as much as to strengthen the legitimacy of arbitration in general.”
Jus Mundi was based on the notion that details about worldwide legislation and arbitration have to be accessible worldwide, growing using international guidelines and enhancing the rule of worldwide legislation.
ICC Secretary General John W.H. Denton AO stated that publishing info on ICC arbitral awards marked a big milestone on the street to creating commerce work for everybody, all over the place.
He stated: “In our role as a trusted and neutral modern-day merchant of peace, ICC is uniquely positioned to deliver solutions that facilitate open trade and investment – including solutions to enable the development of arbitration for a better world.”
Speaking concerning the partnership, Jean-Rémi de Maistre, CEO of Jus Mundi, stated: “ICC and Jus Mundi share the same ideal: peace and prosperity through law. We are proud of this partnership that will make international arbitration, investment and trade law more accessible to legal professionals and economic actors around the world.”
In holding with the ICC Court’s dedication to determine a system for the publication of ICC arbitral awards by 1 April 2021, the ICC and Jus Mundi partnership endeavours to broaden transparency practices with out compromising confidentially – a key trait of arbitration as a dispute decision course of – in an effort bolster international commerce.
As of 1 April 2021, amongst awards constituted of 1 January to 30 March 2019 which might be eligible for publication, all are both confidential or topic to an objection by a celebration. The ICC Court will present an replace in two months on awards constituted of 1 April to 30 May 2019.
The course of to publish ICC arbitral awards contains 4 steps earlier than any award is launched to the general public by means of the partnership.
First, pursuant to the ICC Note to the Parties and Arbitral Tribunals on the Conduct of the Arbitration, the ICC Court ensures that any get together can object to the publication of awards at any time.
Second, any private information within the awards and associated paperwork is redacted by way of pseudonymisation or anonymisation the place applicable. The names of arbitrators and locations of events’ legislation companies are usually not redacted.
Third, following pseudonymisation or anonymisation, Jus Mundi converts the award or associated doc right into a digital doc which is endorsed by ICC.
Lastly, with ultimate checks and approval from the ICC Court, together with the dispatch of the publishable doc to the events for his or her info, Jus Mundi publishes the ICC award or associated ICC doc freely to the general public on a dedicated partnership website. This info is now searchable by means of Jus Mundi’s multilingual search engine and its different instruments.
ICC and Jus Mundi will work collectively to enhance international entry to publishable arbitral awards, enhancing the worldwide rule of legislation and facilitating open commerce by means of the worldwide rules-based order.
About Jus Mundi
Jus Mundi is a Paris-based authorized tech offering sensible search instruments for worldwide legislation and arbitration analysis. Jus Mundi strives to make worldwide legislation and arbitration simply accessible and comprehensible, utilizing synthetic intelligence and machine studying to gather and construction international authorized information. By combining legislation and know-how, Jus Mundi enhances attorneys’ decision-making by giving them entry to vital authorized info and analytics on arbitrators, judges, and WTO panelists.
To study extra about Jus Mundi, please go to jusmundi.com.