The number of new cases filed with the ICC International Court of Arbitration in 2007 totalled 599, a figure unprecedented in the Court’s 85-year history.
Below are some key figures released by the Court for 2007, pending publication of its annual Statistical Report.
- 599 requests for arbitration were filed with the ICC Court.
- The requests concerned 1,611 parties from 126 countries and independent territories.
- In 11.4% of cases at least one of the parties was a State or parastatal entity.
- The place of arbitration was located in 42 countries throughout the world.
- Arbitrators of 66 nationalities were appointed or confirmed under the ICC Rules.
- The amount in dispute exceeded one million US dollars in 57.4% of new cases.
- 349 awards were rendered.
The full Statistical Report will be published in June/July 2008 in the ICC International Court of Arbitration Bulletin