Download or read book International Arbitration in the 21st Century written by Richard B. Lillich and published by Sokol Colloquium. This book was released on 1994 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of international arbitration proliferates apace. The growth in cases brings with it commensurate increases in the number of arbitral institutions, new sets of arbitration rules, arbitrations and arbitration practitioners, and the elaboration of related national laws and international agreements. Two consequences of this proliferation have become evident. One is the increasing "judicialization" of international arbitration, meaning both that arbitrations tend to be conducted more frequently with the procedural intricacy and formality more native to litigation in national courts and that they are more often subjected to judicial intervention and control. The other consequence is a rising preoccupation with the issue of uniformity, most currently epitomized by national debates over whether or not to adopt the Model Law on Commercial Arbitration prepared by the United Nations Commission on International Trade Law ("UNCITRAL"). The Twelfth Sokol Colloquium on Private International Law, held at the University of Virginia College of Law, was designed as an intellectual pause for reflection on three questions that naturally result: How advanced are these phenomena? Are they good or bad? To the extent that they are good, how can they be promoted; to the extent they are bad, how may they be retarded? The Colloquium considers these questions in three contexts: The arbitral procedure, the law applicable to the dispute being arbitrated, and the review of awards once issued. The ten chapters that comprise this volume have been written by members of various international tribunals, leading lawyers, and by distinguished academic lawyers from the United States and abroad.