End of Summer marked the 20th anniversary of the Stockholm University International Commercial Arbitration Law Programme (ICAL) which was celebrated in style with an international conference organized by ICAL Alumni Association. It brought together leading arbitration practitioners, academics, and arbitrators from all over the world and examined the developments in international arbitration and whether a new blueprint for the future is needed.
Partner Jurgita Petkute (ICAL Alumni) chaired the session on identifying and confronting the challenges of corruption in arbitration alongside with Steven Finizio, Maria Kostystka, Ignacio Torterola and Rikard Wikrstrom-Hermansen. The panel covered the context in which corruption allegations are being raised in international arbitration, standard and burden of proof in establishing the act of corruption, arbitral tribunal’s duties and powers to address corruption, impact of parallel proceedings, as well as corruption as a defense by a host state in investment arbitration and what should or could we do better while addressing these challenges.
KNOETZL proudly sponsored the conference and would like to thank the organizing committee for a fantastic event.