Summary

I have read through Professor's Wälde's piece on mediation and think it will be received as helpful, practical advice in the oil and gas sector. Here are some quick comments to your article: on arbitration: your estimate of one year for international arbitrations is in my view very optimistic, particularly when three arbitrators have been appointed. The ICC claims that their average is 18 months, but this statistic usually gets a good laugh when shared with litigation lawyers in companies. Maybe the ICC has the same system for tracking ...