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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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