Behind the Scenes in International Arbitration reveals what really
happens behind the scenes of the large stage of international
arbitration -- a world of its own. Though arbitration has become a big
business, its proceedings are not open to the public at large, because
of their confidential -- and sometimes opaque -- nature. Thus, Ugo
Draetta offers his perspective as an insider, outlining some behaviors
of the various players on the arbitration stage, which are sometimes
irrational, emotional, bizarre or counterproductive.
Drawn from the personal experiences of the author's 30 years in the
field, the book is essentially based on a number of real life anecdotes
(obviously on a no name basis), some of which will have you laughing out
loud. The players identified in the book are (a) the Parties, (b) the
outside counsel, (c) the in-house counsel, (d) the arbitrators, and (e)
the arbitral institutions. A separate chapter is devoted to each one of
these players, ending with a “memo” summarizing the behaviors to be
avoided.
Behind the Scenes in International Arbitration is
not a legal book, nor a book dealing with “ethics” of the
arbitration... As examples, the author considers the "King Solomon"
syndrome of many arbitrators, the prima donna attitudes, the loneliness
of the sole arbitrator, and compares the number of arbitration cases
with the number of shark attacks resultant of available statistics. This
book aims to increase the efficiency, seriousness and dignity of
arbitration proceedings, to the advantage of those who are presently
players or aspire to become players in the arbitration stage.