2016 case is based on a real scenario, when a luxury yacht was severely damaged due to the alleged defect in the door locking mechanism. The material problem would focus 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.

Vladimir Khvalei
Vice-President of the ICC International Court of Arbitration,
Partner at Baker & McKenzie

The language of the Competition English

Eligible participants LL.B., LL.M. and (or) PhD as well as students persuing related law
degrees from all over the world.

The number of Teams from each separate university The number of teams is not limited.

Team compositionA Team may be composed of two to four Team Members. The number of Team Coaches is not limited.

The full version of the Official Rules of the V ICC Lex Mercatoria International Commercial Arbitraton Moot (English Chapter) is available here.

Participation Fee 300 Euro

For the Teams from the Republic of Belarus the Participation Fee is established in Belarusian roubles

Participation Fee for the Teams from Belarus
690 BYN.

In exceptional circumstances you can ask for the waiver of participation fee by emailing us at info@icclexmercatoria.org

DEADLINE. REGISTRATION & PAYMENT PROCEDURE

Deadline for payment of Participation Fee October 21, 2016

Payment Procedure
1. Register your team online at TEAM REGISTRATION
2. After registration you will receive the invoice at the email indicated during team registration
3. Pay the received invoice (payment of the Participation Fee)
4. From the moment the payment of the Participation Fee is received by the Administrator your Team is eligible to participate in the Competition.

May 15 – Registration Opening
June 1 – Case Problem Release
July 18 – Summer International Law Camp 2016 (elective side-event)
October 16 – Deadline for Completing the Registration Form
October 21 – Deadline for Paying the Participation Fees
November 25 – Opening Ceremony & Conference
November 28 – Awards Ceremony

UPDATED

September 12, 2016 – Deadline for the Requests of the Participants to Clarify the Case Problem
September 26, 2016 – Case Problem Clarifications Release
October 16, 2016 – Deadline for Submiting Memorandum for Claimant
November 17, 2016 – Deadline for Submiting Memorandum for the Respondent