Due to the increase of volumes of trade investment and cross border transactions involving Bangladesh, the country’s witnessing rapid growth of its related service industries. International Arbitration is one such service sector currently in demand. In any International disputes, where one of the Parties is from India, Pakistan or Bangladesh, it’s always advantageous for the Parties as well as the institutions in question, to have an Arbitrator who is well versed and understanding of the language, culture and special needs of the Parties involved. Party appointed Arbitrator is better served of the Arbitrator is from the same region.
The Chambers, with a view to fulfill the demand, has introduced this practice area as its Lawyers posses necessary qualifications, knowledge, expertise to compete in the adversarial and challenging International market. The Firm offers competitive pricing without compromising quality. Our ADR and Tribunals team is well equipped and fully capable to meet the demand, irrespective of whether it is AD HOC Arbitration or Institutional Arbitration.
International Arbitration is a comparatively new although a rapidly growing area of practice of Rahman’s Chambers. We have a separate department comprising three lawyers who are responsible for such matters. The Chambers acted as local counsel for power sector company, shipowner in a number of institutional (international) arbitration e.g. LCIA, GMAA and ICC. Mr. Rahman entered into the practice of international arbitration in 2004. His very first work was to some extend to assist Mr. Ajmalul Hossain QC, an international arbitrator in FOSFA and PORAM arbitration. He is a Fellow of Hong Kong Institutes of Arbitrators and also associate member of Chartered Institute and Singapore Institute of Arbitrator. The Chambers is well conversant with most institutional rules and also ad-hoc arbitration procedures. The Chambers as a counsel and Mr. Rahman as an arbitrator is very much capable of handling international arbitration irrespective of origins of the parties, location of seat for arbitration and applicable laws.
- Very competitive pricing in international market
- International standard
- Knowledge on Common law and civil law practices
- Available Legal Resources
- Availability and accessibility
International Commercial Arbitration
Our capacity includes serving as counsel or arbitrator in international commercial arbitration whether it is adhoc basis or institutional.
International Investment Arbitration
Our capacity includes serving as counsel or arbitrator in international commercial arbitration whether it is before ICSID or other institution.
The International Chamber of Commerce (ICC) conducted Arbitration is popular because of its strong management capabilities and also strong flexibility in terms of seat. The Chambers regularly advises clients to incorporate ICC standard clause whenever suitable and appropriate. Chambers has also acted for a Client and sought assistance from ICC in appointing an Arbitrator in a cross border dispute.
ISCID Convention framed rules for specialized arbitration for international investment. We are well conversent with the convention and also the rules of ICSID.
Hong Kong International Arbitration Center (HKIAC) is gaining popularity day by day. The volume of Arbitration conducted by HKIAC is also increasing annually. Cross border transactions involving South Asian counties and also the Association of Southeast Asian Nations (ASEAN) countries often prefers to incorporate HKIAC standard clause because of its reputation, understanding and ability to deal with Arbitration in different languages, especially Mandarin, Cantonese etc. Mr. Rahman is closely associated with the Institution and frequently visits there, since he is a Fellow of the HKIAC
Singapore International Arbitration Center (SIAC) is the most popular Arbitration center in the Asia Pacific region. Singapore as a host nation has earned its reputation for neutrality and speedy disposal of cases pending before its Courts arising from International Arbitration. Same as HKIAC, the SIAC arbitration clause is also quite popular in Bangladesh due to the geographical proximity of the country and ease of access by business travelers, parties even within Bangladesh prefer to choose SIAC as a venue for resolving disputes.
The volume of trade between Bangladesh and China has increased in recent years, not only in the garment sector but also in infrastructure, development etc. for example, bridge, power plant, embankment, construction etc. Due to the preference of our Chinese clients, nowadays, the China International Economic and Trade Arbitration Commission (CIETAC) clause is prevalent in cross border transactions between Bangladesh and China. The Chambers is familiar with CIETAC rules and fully capable of dealing with issues involving CIETAC arbitration.
The Permanent Court of Arbitration (PCA) regularly act as an appointing authority under UNCITRAL rules. In ADHOC arbitration, there’s no rule which is more popular than UNCITRAL rules. As per requirement, the appointing authority is PCA which effectively renders its services wherever there’s a need for an Arbitrator.
The London Chamber of International Arbitration (LCIA) is one of the oldest Arbitration institutions attributed in developing the practice of International Arbitration as a pioneer and torch bearer alongside ICC. The decision of LCIA are often cited in International Arbitration involving Bangladesh,
The American Arbitration Association (AAA) is also one of the most prominent and influential Arbitration Institution in the world ideally credited and linked with developing the practice of International Arbitration globally. The decision of the AAA are regularly noticeable and cited amongst legal matters in Bangladesh.
The United Nations Commission on International Trade Laws (UNCITRAL) is quite popular amongst Arbitration when it comes down to ADHOC Arbitration. The Rules comprehensively deals with appointment of Arbitrator, arbitration proceeding in such a manner which suits the needs of the Parties who are not interested in Institutional Arbitration, for eg: Step Party. Chambers regularly utilize the UNCITRAL rules as a clause for Arbitration, specifying the appointing authority as per the choice of the Party.
For local arbitration, the Arbitration Act, 2001 of Bangladesh is most vital and popularly utilized as an Arbitration clause besides any International Arbitration clauses. The Act found relevance while enforcing Arbitration awards and also whilst seeking Interim Measures.
Our Related Clients
- Bangladesh Power Development Board
- Komrowski Maritime GMBH
- Power : Smith Co-generation (BD) Ltd. vs. BPDB and GOB
- Shipbuilding : Ananda Shipyard and Slipways Ltd vs. Komrowski Maritim GMBH, Germany