Several international
arbitral institutions used by parties in the Middle East, have recognised the use of third party funding in arbitration proceedings and are responding to it positively.
Not exact matches
Arbitration is growing in
use in contracts with a nexus to the Middle East, with parties increasingly willing to consider
arbitral institutions and seats in the region.
Kwadwo Sarkodie and Joseph Otoo of Mayer Brown assess the appetite for international arbitration in Africa, following a recent event at which the views of African
arbitral institutions and those that
use them were at the forefront of debate.
The IBA Guidelines are not legally binding but continue to be
used by parties, arbitrators,
arbitral institutions and the courts when considering whether an arbitrator has acted with independence and impartiality.