Arbitration International Arbitration Practice

Question 1

Which institution administers international commercial arbitration under the ICC Rules?

Accepted Answer

International Chamber of Commerce Court of Arbitration

Answer

International Court of Justice

Answer

UNCITRAL Secretariat

Answer

World Bank ICSID

Question 2

What is the 'Terms of Reference' in ICC arbitration?

Accepted Answer

A document summarizing the parties' claims and the issues to be decided, signed by the tribunal and parties

Answer

The fee schedule for the arbitration

Answer

A court order granting jurisdiction to the arbitral tribunal

Answer

A transcript of the first hearing

Question 3

Under LCIA Rules, how are arbitrators typically selected?

Accepted Answer

Parties nominate arbitrators, with the LCIA Court appointing in default or confirming nominations

Answer

Arbitrators are always appointed by the ICC Court

Answer

Arbitrators are selected by random lottery from a public registry

Answer

Only the respondent selects the arbitrator

Question 4

What does 'bifurcation' of proceedings mean in international arbitration?

Accepted Answer

Separating the proceeding into distinct phases, such as liability and quantum (damages)

Answer

Splitting a case into two separate arbitrations

Answer

Requiring two arbitrators instead of one

Answer

Filing parallel claims in both arbitration and litigation

Question 5

What is the UNCITRAL Arbitration Rules primarily designed for?

Accepted Answer

Ad hoc international arbitrations without an administering institution

Answer

Domestic US arbitrations only

Answer

Investor-state disputes only under ICSID

Answer

Labor and employment arbitrations in the EU

Question 6

What is the significance of the 'separability doctrine' in international arbitration?

Accepted Answer

The arbitration clause is treated as a separate agreement from the main contract, surviving its invalidity

Answer

Arbitrators and judges have separate but equal authority over a dispute

Answer

International and domestic arbitrations are governed by separate law

Answer

Evidence from separate proceedings is inadmissible