Vilija Vaitkutė Pavan, a partner of the law firm LAWIN, has been reappointed for a further three-year term to the International Court of Arbitration of the International Chamber of Commerce (ICC) in Paris.
"The appointment as a member of the ICC International Court of Arbitration is really good news and knowing that you are the only representative from Lithuania to one of the most prominent arbitration institutions in the world is both a great honour and big responsibility. I hope that the next three years will contribute to the development of professional excellence in the commercial arbitration sector ", LAWIN partner Vilija Vaitkutė Pavan said.
The ICC International Court of Arbitration is undoubtedly one of the most popular arbitration institutions in the world. In 2007, the court heard 600 cases and this number has continued to increase year on year with 796 cases being heard in 2011.
During plenary sessions held each month, representatives of the parties spend most of the time reviewing and approving draft arbitral awards, dealing with issues pertaining to preliminary costs of the arbitration process, and appointing and challenging arbitrators.
"Although the work in plenary sessions requires a lot of time and resources, it is nevertheless an invaluable experience, because working together with arbitration specialists from various countries we solve very challenging arbitration issues. Such experience provides an opportunity both to publicize arbitration in Lithuania and to make our country and its representatives better known in the ICC International Court of Arbitration", stated Vilija Vaitkutė Pavan. The LAWIN partner further notes that the number of cases involving Lithuanian natural or legal persons has been increasing recently in the ICC International Court of Arbitration.
With its experience and competence in solving international commercial disputes the ICC International Court of Arbitration is one of the most prominent and experienced international arbitration institutions worldwide. Over 19,000 cases involving representatives and arbitrators from 180 countries are attributed to the court set up in 1923.
About LAWIN
LAWIN - internationally highest ranked business law firm in the Baltics - was launched in 2004 by Lepik & Luhaaar (Estonia), Klavins & Slaidins (Latvia) and Lideika, Petrauskas, Valiūnas ir partneriai (Lithuania) - the leading law firms in each jurisdiction since their foundation in the beginning of the 1990s. With over 140 legal professionals working in five practice groups, LAWIN is ideally positioned to provide the highest caliber, specialized legal services both domestically and on a Pan-Baltic dimension. LAWIN is a privileged member of Lex Mundi and World Services Group (WSG), two most globally recognised independent law firms associations.
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