Overview of the Arbitration Law and Practice in Cyprus
This seminar represents a one-day race through domestic and international arbitration in Cyprus and its two different statutes covering those subjects. The workshop will cover the basic arbitration and other dispute resolution techniques and the ideas behind the Arbitration Law and the International Commercial Arbitration Law.
The group will have the opportunity to explore the keys to drafting a competent arbitration clause, look at an overview of the key jurisdictional issues and the extent and timing of court intervention on the subject. Finally, participants will look at issues surrounding the appointment of arbitrators, the law to be applied by them, the procedures and the various ways of challenging and enforcing the arbitrator’s decision.
Training Objectives
By the end of the programme, participants should be able to:
Find and apply, generally, the law on domestic and international arbitration in Cyprus
Understand the roles of different dispute resolution techniques
Appreciate the key jurisdictional issues in an arbitration
Apply the IBA guidelines and other rules on bias and know how to use them
Understand how arbitration procedures work
Determine the applicable law
Have a grasp of the extent and timing of court control over arbitrations in Cyprus
Know the basics of how to enforce or obtain recognition of arbitration awards under the New York Convention
Arbitration institutions around the world and in Cyprus
Arbitration law in Cyprus
Arbitration Law, Chapter 4, as amended (Cap. 4)
International Commercial Arbitration Law 101/1987, as amended
Origins in 1889 and 1950 English Acts and the UNCITRAL Model Law
New York Convention on the Enforcement and Recognition of Arbitration Awards
Drafting arbitration clauses
Standard clauses and key elements
Starting the arbitration
ICC, LCIA and UNCITRAL Rules and the Cyprus Laws
Jurisdiction issues
Written form requirements
Parties to the arbitration
Separability of the arbitration clause
Scope of the clause
Subject-matter arbitrability
EU law issues
Competence-competence – who decides on jurisdiction, when and the standards applied
Procedural features of challenging jurisdiction in Cyprus
Appointing the arbitrator
IBA Guidelines on Conflicts of Interest
Who deals with challenges to arbitrators
Handling biased arbitrators in practice
Other challenges to arbitrators
The arbitration process
Procedural requirements and styles – fairness and going beyond the claims
Approaches to pleading cases in international arbitration
The law applicable to the arbitration process and the merits of the dispute
Partial and final awards
Interest and costs
Review of arbitration awards
Review on jurisdiction, procedural matters, public policy and error of law
Setting aside proceedings
Enforcement and the New York Convention
Other techniques for recovering money
Training Style
The programme consists of an interactive presentation of the relevant rules and good practice with questions and comments to and from the participants, interrupted by a large number of practical examples. Furthermore, the programme is supported by some video presentations on YouTube, notably on the New York Convention.
Who Should Attend
The programme is ideal for:
Lawyers seeking to understand arbitration and dispute resolution generally
Dispute resolution specialists keen to increase their legal knowledge
Lawyers in need of CPD points and keen to move away from looking at court litigation as the only form of dispute management
HR Managers who need to know the fundamentals of Cyprus arbitration
Professionals and students keen to understand where Cyprus arbitration law comes from and how it operates
Overview of the Arbitration Law and Practice in Cyprus
For 3 registrations from the same entity, a standard 10% discount will apply. For over 4 registrations please contact us.
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