ARBITRATION CENTER, A LEADER IN THE ADMINISTRATION OF ARBITRATIONS
The 4th International Symposium on Arbitration gathered more than 150 participants.
The National and International Arbitration Center of the Lima Chamber of Commerce (CCL) held the “4th International Symposium on Arbitration”, on November 27 and 28. The event was attended by renowned national and international attorneys-at-law and arbitrators, and was opened by the president of CCL, Mario Mongilardi, who highlighted one of the main features of the new Arbitration Law: measures to prevent interference by the Judiciary in the arbitration jurisdiction in response to the misuse of the courts to redress awards. Therefore, and without disregarding the important role of the Judiciary, Mario Mongilardi stated that the rules emphasize that this should not be an excuse for the parties to circumvent their obligations to settle disputes via arbitration, otherwise this may be construed as a breach of contract. In turn, the Secretary General of the Arbitration Center, Christian Carbajal, stated that the objective of the 4th International Symposium was to provide updated views on a number of national and international arbitration topics. He also stated that the following topics were addressed:
- • “Challenges of arbitration as a dispute resolution mechanism in public procurement”
- • “The relationship between arbitration and the Judiciary, in regards to annulment and enforcement of awards”
- • “Corruption in national and international arbitration”
- • “Protection of foreign investors’ rights vs. Valid application of the State’s regulatory authority,” among others.
OUR REPUTATION PRECEDES US
Since its foundation, in 1993, the CCL Arbitration Center has organized academic programs –including discussion panels, national and international congresses, business breakfasts, and certification courses, as well as outreach activities about institutional arbitration for business, investments and public procurement. Members from the most representative global arbitration organizations prestigious national and international law firms attend. Thus, the purpose of the CCL Arbitration Center is to promote more spaces of dialogue between judges and arbitrators. Finally, it is important to point out that, in its 24 years, the Arbitration Center has administered more than 3900 cases.