Leilah Bruton has been quoted in the article, “ICSID publishes new rules”, by Robert Li, published in Commercial Dispute Resolution (CDR) Magazine. The article explored three key issues addressed in the first revision of the ICSID rules in sixteen years: streamlining, third-party funding, and transparency.
Leilah spoke about the “very lengthy” nature of ICSID proceedings and that “associated inefficiencies and costs have been a source of criticism for years”, noting that “parties can opt into expedited arbitration which can fast track a case – with shorter timelines for written submissions and limitations on length, all these measures taken together are intended to make the process faster and more efficient”.
On the topic of funding, she discussed the amendments to the rules that require parties to disclose funding arrangements, to address concerns that Member States had; that funders “were hiding their identities behind corporate structures, with the potential for undisclosed conflicts”.
Leilah turned to the issue of transparency, addressing ICSID’s response to calls for greater accountability through revisions to its rules which provide for greater transparency in the conduct and outcome of proceedings.
To read the article, click here.
ABOUT LEILAH BRUTON
Leilah is a partner in our London office. She has extensive experience representing corporations on the resolution of complex disputes involving investment treaties and contractual relationships, with a particular focus on disputes in the oil & gas, mining, and telecoms sectors.
Leilah has been named a Who’s Who Legal: Future Leader for 2018-2022, in which peers and clients described her as “one of the most efficient practitioners” and as having “outstanding leadership skills”. Leilah has also been recognised as a Rising Star for both international arbitration and public international law in The Legal 500 UK 2022, and a Rising Star in The Legal 500’s International Arbitration Powerlist 2019 for the UK.« Back