January 2016
It’s Time to Unseal Sealed Offers in International Arbitration – as a Negotiation Strategy or Pressure Tactics?
Abstract: This paper traces the origin and history of the use of “sealed offers” as part of the ongoing negotiations between the parties engaged in litigation, with an objective to identify common principles which may [...]
Oil Price can’t be set on one side of the economic analysis as cause or victim – for it is both!
This response is a belated reply to a comment from one of the special visitor to this website and who has kindly commented old article on “Oil Price as a Barometer of Economy”. I [...]
Why Arbitration is the Best Forum for Resolving Complex Maritime Disputes?
The maritime disputes may vary from Charter Party issues, cargo interests, accidents, insurance claims, personal injury claims and the list goes on. All these issues are not only multiple and complex but frequently also are [...]
Why do we blame God when things go wrong!
The historical and an innovative term “Force Majeure”, has been used in commercial contracts in principle to relieve the Parties, from performing their obligations, when prevented by the events entirely beyond the control of a [...]
Rising Costs of Conflicts and Disputes Management – Can it be Controlled?
There is generally no provision for estimating costs of litigation to be added during bidding stage for any contract, as the project cost estimates will make the bid uncompetitive or highly priced. Even then there [...]