When: February 27, 10:00 – 11:30 am (EST)

Where: Online

Register to attend

Mediation offers a party-driven approach to dispute settlement. A mediator's core task is to assist the parties in finding a tailored solution to their dispute; for example, by clarifying each parties' interests and identifying pathways to full—or partial—settlement agreements. It is in recognition of the important role that mediation plays in dispute settlement that is often enshrined in multilateral investment treaties.

While the ICSID Convention and Rules provide for arbitration, conciliation and fact-finding procedures, they also leave the door open for mediation. An amicable settlement could be incorporated into an award of the arbitral tribunal, pursuant to ICSID Arbitration Rule 43(2), thereby benefitting from the robust enforcement mechanism that is unique to the ICSID Convention. 

This webinar will examine the benefits and challenges of mediation from the perspective of States and investors. We will also offer insights into how mediation works in practice, and the services ICSID provides in administering mediation processes.

Moderator: Frauke Nitschke, Senior Counsel, ICSID

Speakers:

  • Wolf von Kumberg, Member ArbDB Chambers London and Managing Director Global Resolution Services Ltd. Formerly, European Legal Director and Assistant General Counsel, Northrop Grumman Corporation.
     
  • Carlos Jose Valderrama, Counsel, Sidley. Formerly, President of the Government of Peru's inter-agency Special Commission Representing the Republic of Peru in International Investment Disputes.

For further information, contact Damon Vis-Dunbar at [email protected].