Peter Wolrich, Partner (Paris), Discusses New ICC Arbitration Rules in Financier Worldwide Interview

Peter Wolrich, partner in the Paris office and Chairman of the ICC Commission on Arbitration, was featured in an interview by Financier Worldwide regarding the new ICC Arbitration Rules, which he was instrumental in creating. The online TalkingPoint' article features a discussion of the new rules between Peter Wolrich, in his role as Commission chairman, and Jérôme Richardot, partner at Fasken Martineau, and Hiroyuki Tezuka, partner at Nishimura & Asahi.

In the interview, Peter states that the ICC rules had not been changed for more than a decade and thechanges were made now in order to make the rules up-to-date and useful for years to come. Three new sets of provisions were added to the Rules: Multi-Party, Case Management and Emergency Arbitrator Provisions. The ICC involved in-house counsel in the drafting process to ensure that the rules would meet the needs of arbitration users.

Financier Worldwide magazine presents insight into corporate strategy, finance and mergers & acquisitions for a readership of C-level executives. The full interview with Mr. Wolrich and his colleagues is available at: http://www.financierworldwide.com/article.php?id=8936.