Corruption in International Trade and Commercial Arbitration

Issues of corruption turn up with disturbing frequency in commercial arbitration. Yet there is no uniformity in arbitral practice to tackle this phenomenon, despite a constant chorus of condemnation from all quarters. This important book attempts to explain the discrepancy between the mountain condemnation of corruption in international trade and public procurement and the persistent resistance to such condemnation. It specifically describes how corruption uses duplicity in practice, and how such practice challenges the imperativeness of condemnation. In the process of developing theory in this area, the book analyzes relevant cases and other legal materials, and thus provides both theoretical and practical guidance in such matters as the following: the arbitrability of corruption matters; the validity of arbitration agreements contained in corruption contracts; the standard and extent of proof that the arbitrator should apply in connection with corruption allegations; the various presumptions of corruption; the principle of party autonomy and corrupt relations; the applicability of national mandatory laws prohibiting corruption in international arbitration; the application of transnational public policy condemning corruption; the effect of nullity of corrupt relations; and, the degree of judicial review of arbitral awards rulings on corruption allegations. In addition to its matchless value as a guide to law and practice in the field, Corruption in International Trade and Commercial Arbitration is unsurpassed in the wealth of reference material it provides. Important cases from many countries are analyzed with in-depth attention to the circumstances surrounding them, and many national laws (including those of Arab countries) and international agreements are also examined. The entire work is superbly cross-referenced to indexes and a rich bibliography. This book will be of immeasurable value to arbitration practitioners and scholars, corruption scholars and specialists in governmental and non-governmental organizations, officials and experts concerned with money laundering, civil servants in charge of national accountability or transparency bureaus, and law enforcement officials and judges charged with criminal justice procedure in matters of corruption.

Author: Abdulhay Sayed

Publisher: Kluwer Law International

Publication Date: 38047

Number of Pages: 482 pages

Binding: Law

ISBN-10: 9041122362

ISBN-13: 9789041122360