May 06, 2014
KLRCA Talk Series : Five Proposals how to further increase the Efficiency of International Arbitration Proceedings
The month of May kicked off with another compelling KLRCA Talk Series session titled ‘Five Proposals how to further increase the Efficiency of International Arbitration’. In line with KLRCA’s continuous commitment to bring in a mixture of talented local and international speakers, Dr Andreas Respondek, a prominent American-German attorney based in Singapore was present to spearhead the session.
Dr Andreas who is the editor and co-author of the ASIA ARBITRATION GUIDE and numerous other legal publications, also sits on the panel of the KLRCA, SIAC, HKIAC, and is regularly appointed as Arbitrator and Party Representative in international institutional and ad-hoc proceedings. KLRCA also had the pleasure of having a distinguished and respected figure from the Malaysian law fraternity, Mr Wilfred Abraham to moderate this session.
Upon Mr Wilfred’s personalized introduction of Dr Andreas, the eminent American-German speaker began with an instant crescendo of thought provoking points and recommendations that was gust fully presented to all attendees. The talk centred around constructive ways on how to overcome some of the perceived shortcomings of international arbitration proceedings while maintaining the competitive edge of arbitration proceedings via the trinity of speed, confidentiality and flexibility.
Amongst the perceived shortcomings discussed were; the implications when lightning strikes twice (two prominent arbitrators from the same case disappearing back to back upon conclusion of first preliminary hearing), conventional factors how success of international arbitral institutions is measured vs ‘the real factors’, performance evaluation for international arbitrators and a more balanced approach to the appointment of arbitrators in international proceedings.
Dr Andreas’ direct approach ensured information imparted was swift, concise and easily understood. The zealous talk drew to a close with Mr Wilfred taking over to moderate an intriguing question and answer session that managed to instigate a host of insightful views and recommendations from the attendees.