The 2016 Mock Case (English) for the 5th ICC Lex Mercatoria Moot (English Chapter) is now available at the official web-site of the ICC Lex Mercatoria International Commercial Arbitration Moot (English Chapter).
The case was prepared by the ICC International Court of Arbitration.
As a member of the Organizing Committee of the Competition – Mr. Vladimir Khvalei (Vice-President of the ICC International Court of Arbitration, Partner at Baker & McKenzie) told BILA that the 2016 Case Problem is based on a true story connected with the severe damage to the luxury yacht because of the alleged defect in the door-locking mechanism.
As Mr. Khvalei also noted “The material problem focuses on relations between the letter of credit (L/C) and the underlying contract, bank’s obligations to pay under the L/C in case of the alleged forgery of signature. Procedural issue would arise from a possibility of extending the ICC arbitration clause in the main contract to the bank by making reference in the L/C, as well as relations between the two arbitrations arising out of the same set of facts, but between different entities.”
Competing team members will have a unique opportunity to feel being a real dispute resolution lawyer. The teams will represent their clients in the arbitral proceedings conducted under the ICC Arbitration Rules.
If you would like to participate or learn more about the ICC Lex Mercatoria Moot (English Chapter), visit the official web-site of the the ICC Lex Mercatoria Moot (icclexmercatoria.org).
Teams Registration continues! Register here!