The International Court of Arbitration publishes its 2013 statistics
The International Court of Arbitration has recently published its Statistical Report for 2013. According to the Report, the ranking of nationalities of parties in arbitration proceedings was headed by the Americans (174), followed by Germans (14) and the French (102). Brazil took the fourth spot (91) and stands out with respect to other Latin American countries (41% of the Latin American parties in arbitration proceedings are Brazilian). Spanish nationals occupied seventh place (73) behind China (86) and Italy (74).
The most common nationality among arbitrators was British (170), followed by Swiss (141), French (128), American (93), German (74) and Brazilian (51).
The most popular place of arbitration was Paris (118), coming ahead of London (70), Geneva (56), Zurich (34), Singapore (33) and New York (24). Curiously, São Paulo was only chosen as the place of arbitration twelve times, despite the high number of Brazilian parties in the arbitration proceedings administered by the International Court of Arbitration.
As regards the applicable law, English law was chosen in the majority of cases (15.64%), followed by Swiss law (10.09%), the laws of various US states (8.70%), French law (7.69%), German law (4.67%) and Brazilian law (4.67%). Spanish law took seventh place, being used in 3.28% of cases. The parties chose “anational” laws (such as the Vienna Convention on Contracts for the International Sale of Goods, in the majority of cases, or the UNIDROIT Principles) in just 3% of contracts.
80% of arbitral awards were handed down in English, 7% in French, 5% in Spanish, 3% in German and 2% in Portuguese.
With respect to the nature of disputes, the construction and engineering industries topped the ranking yet again (18% of cases), closely followed by the energy industry (15% of cases).
Lastly, as regards the amounts in dispute, 22% of cases involved amounts of up to one million dollars, 34.3% involved amounts of between one and ten million dollars, 21.8% of between ten and fifty million dollars and 14.3% exceeded fifty million dollars. 7.6% of cases had no fixed amount.