News
Pre-event of the Vilnius Arbitration Day with Pirkka- Marja Põldvere
„DIScover Ways to Involve Third Parties in Arbitration: German and Baltic Perspectives“ is the heading of a pre-event of the Vilnius Arbitration Day, organised by the German Arbitration Institute (DIS). Please join our partner Pirkka-Marja Põldvere and other panelists in discussing the DIS Supplementary Rules for Third-Party Notices, which entered into force on 15 March 2024. What are they good for? Why should one use these rules compared to the usual multy-party, multy-contract etc setting that has convincingly entered the arbitration worlds over the years?
Here is a scenario to start with: „Think of a contractor who faces claims from the owner and, at the same time, has own claims against its subcontractor relating to the same works. This contractor could be involved in two separate arbitration proceedings with the inherent risk of losing both. The owner may establish claims against the contractor in the first arbitration for defective works, but the arbitrators in the second arbitration may not consider the works done by the subcontractor as defective. Effectively, the contractor is sandwiched.“
The panel will pick up on this at 3.00 – 5.40 pm on 11.09.2025 in Senatorių pasažas, Dominikonų11, Vilnius, Lithuania. Please join them!
Categories
Subscribe to Leadell's Newsletter
