Does international arbitration ethic exist, and if not, should it? The short answer is yes; ethic does exist in international arbitration, because it should. This resolves both questions at the same time.
As a matter of principle, the need for ethic in international arbitration is hardly debatable (1). But, as often, the devil is in the details. A critical distinction exists in this regard between investment arbitration and commercial arbitration, the latter being largely immune from considerations that are central in the former (2). Finally, ethics need to be applied in practice and confronted with practical situations (3).
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