Introduction

A topic of great current concern for the arbitration world is the parallel existence of arbitral tribunals. Parallel tribunals can give rise to awards with inconsistent conclusions, and which may even be scandalously contradictory. There is a sense that during the past few years we have been living through truly revolutionary times in the normally peaceful world of arbitration. The coexistence of traditional international commercial arbitration with the brave new world of investment arbitration has brought enormous changes. Investment arbitral awards have been few but well ...