• 제목/요약/키워드: Arbitrator

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미국의 증권중재제도에 관한 소고 - 공정성 요건을 중심으로 - (ARBITRATION IN THE UNITED STATES SECURITIES INDUSTRY : PROCEDURES AND SUBSTANTIVE FAIRNESS)

  • 김희철
    • 한국중재학회지:중재연구
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    • 제18권3호
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    • pp.51-69
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    • 2008
  • The financial industry in which arbitration is most frequently resorted to so as to resolve disputes is the sector related to the securities industry. Most securities related disputes are raised from broker-dealer controversies which is not new in the Republic of Korea. The disputes between securities brokers and customers are very frequently settled by arbitration in the United States. But the arbitration in the securities area may deprive investors from securities regulation's protection. Introducing the United States' Federal Supreme Courts cases, the author explores the logic of how the pre-dispute arbitration agreement compatible with Securities regulations. However, the author insist the South Korea should more careful in accepting pre-dispute arbitration contract in securities area. Mostly because of the lack of more specific way to secure substantive fairness in securities arbitration. Also the author worries about the possibility of prevailing pre-dispute arbitration agreement in all of the securities investment contract without any other choices, or securities laws' protection. But the author also suggests to introduce public securities arbitration system of the States, and also insists the way to secure substantive fairness, or the application of securities regulations in securities arbitrations. Which may be the pre-requirements for the pre-dispute arbitration agreement in securities investment contract.

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북한의 중재법의 주요 특징과 시사점 (Characteristics and Suggestions of Arbitration Act in North Korea)

  • 최석범
    • 한국중재학회지:중재연구
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    • 제17권3호
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    • pp.57-79
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    • 2007
  • Laws regarding to Arbitration in North Korea are Arbitration Act, Foreign Economic Arbitration Act, Regulations on the Foreign Trade Arbitration Commission, Regulation for treatment of cases in Arbitration Commission, Rules of Hearing. North Korea has enacted the laws related to Arbitration including Arbitration Act enacted in 1995 and Foreign Economic Arbitration Act enacted in 1999. In the North Korea's planed economy system, as there will be many disputes among organizations, companies, other Institutions Arbitration Act resolves the disputes to compete the economic plan. North Korea's Arbitration Act is different from Normal Arbitration Acts in particular other socialist states in view of arbitration agreement and selection of arbitrator and functions as the tools controlling the members of North Korea and have the characteristics such as national arbitration system and mixture of criminal trial and governmental control and strict legal control system on violent acts in North Korea's plan and plan regulation. And North Korea's Arbitration Act deals with the civil disputes and limits the parties and subject matter of arbitration. The parties in dispute such as organizations, companies, other Institutions could apply for arbitration to Central Arbitration Body and Provincial (City under the direct control of Government) Arbitration Body and Sectional Arbitration Body. The purpose of this paper is to contribute to the enhancement of the understanding arbitration in North Korea by studying the clauses in the Arbitration Act.

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중재의 대상적격의 의의 및 내용 (The Definition and the Substance of the Arbitrability of the Subject-matter of a Dispute)

  • 강수미
    • 한국중재학회지:중재연구
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    • 제19권1호
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    • pp.3-24
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    • 2009
  • Arbitration is the system of resolving disputes not by the adjudication of a national court but by the award of an arbitrator or arbitrators. To settle disputes by arbitration, it should be concluded that the arbitration agreement which is implied that the parties agree to submit to the arbitral award about all or certain disputes which have arisen or which may arise between them in respect of defined legal relationships. It is a matter for debate that which types of dispute may be resolved by arbitration. This problem is concerning the arbitrability of the subject-matter of a dispute. National laws establish the domain of arbitration. Each state decides which matters may or may not be resolved by arbitration in accordance with its own political, social and economic policy. According to Korean Arbitration Act Art. 3 (1), any dispute in private laws would be the object of arbitral proceedings. Therefore, the parties may agree to arbitrate disputes relating to the rights that they freely dispose of. Besides, they may have the freedom to choose arbitration as the form of a dispute resolution. Because arbitration is a private proceeding with public consequences that some types of dispute are reserved for national courts, whose proceedings are generally in the public domain. It is this sense that they may not be the object of arbitration. After all, it could be the object of arbitral proceedings that disputes which are capable of a settlement by arbitration.

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기관중재와 임시중재에 관한 비교연구 (A Comparative Study on the Institutional Arbitration and Ad Hoc Arbitration)

  • 오원석;김용일
    • 한국중재학회지:중재연구
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    • 제19권1호
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    • pp.25-44
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    • 2009
  • The purpose of this parer is to examine the specifies of Institutional Arbitration and Ad Hoc Arbitration. The court prefers the institutional award in the enforcement rather than the award issued under the name of arbitrators alone. For example, the ICC Court of Arbitration scrutinizes awards for completeness, adherence to the ICC Rules and internal consistency, which since the court assurance for enforcement. In terms of arbitration costs, for which the ad hoc arbitration is considered to have comparative advantages, the institutional arbitration may not be more expensive than ad hoc arbitration, as in most commercial case, the administrative fees are insignificant. This paper suggests the standard or model arbitration clauses in institutional and ad hoc arbitrations. These Clauses contains the minimum elements necessary to render the arbitration agreement enforceable and effective. So both parties may add the specific contents such as the number of arbitrator, the place of arbitration and the language. Especially, in Ad Hoc Arbitration without designated set of rules, more clean clause for appointing arbitrators will be needed.

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Third Party Funding in International Arbitration and its most current Development in Asia -Issue of Security for Costs and its main Cases

  • 김세진;김대중
    • 한국중재학회지:중재연구
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    • 제29권4호
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    • pp.77-100
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    • 2019
  • Third-party funding in international and domestic disputes is a fast-growing trend and it is increasingly used by large, solvent companies that simply wish to share risk in their finance. On January 10, 2017, the Civil Law Amendment Bill was passed in Singapore and on June 2017 an "Arbitration and Mediation Legislation (Third Party Funding) Bill" in Hong-Kong had a third-party funding to finance the international arbitration and other dispute resolutions expressly approved. This arbitral tribunal's expanding discretion over critical interim measure of security cost was in issue. In Essar v. Norscot (2016), the arbitrator found that the additional third-party funding costs were recoverable as "other costs of the parties." In here, the decision showed the issue of a tribunal's power over cost measures could spread out to be reviewed and broadened through the legislative process. A recent investor-state arbitration case of ICSID, RSM Production Corporation v. Saint Lucia, covered the express awarding of security for costs where a claimant was funded by a third-party funder. It seems inevitable that the volume of third-party funding industry will grow more as time goes on. The next step would be to formulate guidelines on how to determine criteria against which an application for security for costs is measured.

주요 중재 규칙에서 병합조항의 비교 분석 (Comparative Analysis of Consolidation Clauses in the Leading Arbitration Rules)

  • 이춘원
    • 한국중재학회지:중재연구
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    • 제30권1호
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    • pp.67-86
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    • 2020
  • In the case of multiple commerce contracts in commerce, as well as multiple contracts related to it, a solution for the merging of arbitration proceedings is necessary in order to ensure uniformity of dispute resolution. Since the arbitration proceedings are based on the parties' agreement, no merging of two or more arbitration proceedings may transpire unless all parties agree. Claims of merging in arbitration proceedings lead to problems such as lack of party autonomy, resulting from lack of consent of the parties to merging, and how to appoint an arbitrator in a multilateral arbitration proceeding. Many of the major arbitration bodies have recognized the significant benefits of the terms of consolidation, and have recently revised the Arbitration Rules to include or extend existing clauses to reflect the needs of the parties. This study introduces the merging provisions of several selected major arbitration rules, such as the ICC, Switzerland, SCC, LCIA, SIAC, HKIAC, ACICA, and UNCITRAL rules, and looks at the main similarities and differences among the rules.

상사중재 활성화를 위한 중재판정부의 임시적 처분 제도의 개선 - 2016년 개정 중재법을 중심으로- (Recommendations for Revising the Arbitration Act of Korea regarding Interim Measures by the Arbitral Tribunal to Promote Commercial Arbitration in South Korea)

  • 박준선
    • 한국중재학회지:중재연구
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    • 제26권2호
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    • pp.115-134
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    • 2016
  • Arbitration is a consensual process in which a dispute is resolved by an impartial arbitrator outside the courts. Arbitration is flexible, neutral, time- and cost-efficient, and confidential. In 1985, the United Nations Commission on International Trade Law(UNCITRAL) enacted the UNCITRAL Model Law on International Commercial Arbitration to help countries reform and modernize their arbitration laws. In 1999, South Korea adopted the model law. Later in 2006, UNCITRAL amended the model law to promote international arbitration. The amended model law includes, among other things, specific provisions regarding interim measures. In 2016, in order to adopt the newly amended version of the model law, South Korea revised its Arbitration Act. The revised act includes a more comprehensive legal regime regarding interim measures, including definitions, types, processes, requirements, the court's recognition and enforcement, and liability. This paper examines the revision of the Arbitration Act of Korea and its legislative intent, presents the problems, and offers recommendations for resolving the problems.

Amiable Composition in International Arbitration

  • Yildirim, Ahmet Cemil
    • 한국중재학회지:중재연구
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    • 제24권3호
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    • pp.33-46
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    • 2014
  • Amiable composition is a means of dispute resolution based on the arbitrator's authority to base his decision on equity. Although this method has been used frequently in the last decades of the 20th Century, the number of the published awards by amiable compositeur arbitrators is getting lower and lower. The reason(s) for unpopularity of amiable composition should be sought in its very nature, in its relationships with other institutions such as arbitration in law, equity, ex aequo et bono arbitration, other means of dispute resolution and in its role in the development of the rules specific to international commerce. A brief look at the history of law shows that the concept of equity comes to the scene every time that the rigidity of the rules of law challenges the justice. This has been the case in the 20th Century with respect to international commercial law which was deprived of specific rules. The role of amiable composition has been to contribute to the development of the rules specific to international commerce. The progressive codification of such rules in the last decades is also owed to amiable composition, which has accomplished its mission in the evolution of these rules.

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자바와 C/C++의 혼합 프로그래밍 (Java and C/C++ Mixed Programming)

  • 김상훈
    • 한국멀티미디어학회논문지
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    • 제13권10호
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    • pp.1514-1524
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    • 2010
  • 표준 자바 클래스 라이브러리는 용용 프로그램에 의해 요구되는 플랫폼 의존적인 기능을 수행하지 못한다. 따라서 플랫폼 의존적인 기능을 포함한 자바 응용 프로그램은 JNI를 사용한 네이티브 함수를 호출하여 부족한 기능을 수행하여야 한다. 네이티브 언어 프로그래머는 다양한 자바 객체와 연결하고 사용 후 이를 해지해야하는 작업을 명시적으로 기술해야 한다. 이러한 번거로운 작업을 피하기 위한 방법을 본 논문에서 제안하고자 한다. 순수 자바 클래스에서 네이티브 메소드는 코드 블록을 가질 수 없다. 자바 네이티브 메소드가 네이티브 코드로 작성된 몸채를 가질 수 있도록 함으로써 프로그래머는 JNI를 의식하지 않고 프로그래밍하는 것이 가능하다. 이를 위해 네이티브 환경의 자바 클래스인 네이티브 클래스라는 개념, 그리고 자바 클래스와 네이티브 클래스 간에 제어와 자료의 교환을 지원하는 중재기를 두어 해결하였다.

중재자 기반 프레임 알로하를 이용한 고속 태그 충돌 방지 알고리즘 (Anti-collision Algorithm utilizing Tag Arbitor Frame slotted Alhoa for High Speed Tag)

  • 이한영
    • 한국정보통신학회:학술대회논문집
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    • 한국정보통신학회 2013년도 춘계학술대회
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    • pp.866-869
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    • 2013
  • 기존의 프레임 알로하 알고리즘은 효율적인 태그 인식을 위해 프레임 크기를 변경시키는 방법을 이용한다. 그러나 태그수가 최대 프레임 크기보다 많은 경우, 프레임 크기 변경만으로는 태그 충돌을 줄일 수 없어 태그 인식 시간이 증가한다. 특히 주기적 브로드캐스트 알고리즘을 전송하여 태그수를 결정하여 인식을 주기적으로 인식하여야만 하기에 인식 효과를 개선하기 위해서는 제한점이 있다고 할 수 있겠다. 본 논문에서는 이러한 브로드캐스트 기반 인식의 문제점을 해결하기 위해 개선한 중재자를 적용하여 태그 요청시 필요한 브로드캐스트 기반의 프레임 알로하 방식을 개선하여 최소한의 브로드캐스트 적용 방식인 TAFSA (Tag-Arbitor Frame slotted Alhoa) 알고리즘을 제안한다. 시물레이션 결과 TAFSA 알고리즘은 기존의 알고리즘보다 0.7배 이상의 성능이 향상됨을 보임을 알 수 있었다.

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