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4 Y.B. on Int'l Arb. 181 (2015)
ICSID Annulment vs. Set aside by State Courts

handle is hein.journals/ybinar4 and id is 181 raw text is: Barbara Helene STEINDL ICSID annulment vs. set aside by state courts - compared to ICSID ad hoc annulment Committees, is it the state courts that are now more hesitant to set aside awards?' Table of contents I Introduction to the topic - the concerns raised.........................182 II Are the grounds on the books for annulment and set-aside of treaty awards alike? ............................................185 A The bases for annulment ...................................185 B Do ICSID ad hoc Committees and state courts have an obligation or discretion to annul? ......................................... 189 Ill Looking at facts and figures - the chances of ICSID awards being annulled vs. the set-aside of treaty awards by state courts.....................190 A ICSID annulment and its implications .................. ......190 1 Some figures on annulment. .................... .......190 2 The costs of annulment and stay of enforcement ...... ......191 3 Excursus: the decision on stay of enforcement in Micula...............194 B Comparing ICSID annulment to set-aside by state courts and its implications................................... ........ 195 1 Collecting data on the set-aside of treaty awards by state courts....................... ................... 195 2 Excursus: The UNCITRAL Transparency Rules...... .......196 3 Some figures on annulment...........................199 4 The costs of annulment and stay of enforcement ....... .....200 C Resubmitting cases to new tribunals .................... .....201 IV Considerations, conclusions and outlook .............. ........202 Annex A - Numbers relating to the annulment of awards by ICSID ad hoc Committees .............................................. 205 Annex B - Numbers relating to the set-aside of treaty awards by state courts ......................................... .....206 1 This paper reflects the author's respective presentation at the CILS International Arbitration Symposium of 23 May 2014 for the panel dealing with the topic of In- vestment Arbitration vs. Commercial Arbitration - Differences and Similarities. 181

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