Article from: TDM 1 (2009), in Arbitration - General Issues
"Liberty means responsibility. That is why most men dread it."
- George Bernard Shaw, Man and Superman (1903)
Article 27 of the ICC Rules of Arbitration states that: "Before signing any Award, the Arbitral Tribunal shall submit it in draft form to the Court. The Court may lay down modifications as to the form of the Award and, without affecting the Arbitral Tribunal's liberty of decision, may also draw its attention to points of substance. No Award shall be rendered by the Arbitral Tribunal until it has been approved by the Court as to its form". The arbitration rules of arbitral institutions and commissions situated in a number of jurisdictions ...