The reason I did not include Samsung 3 in my post is because I do not know when the ruling will be made public. The CCA gave it to July 1 before resuming the appeal.
A practical study of the process of arbitration cannot escape the question of time-limits. Legal disputes are a factor to be considered in corporate strategy, whether as a source of profits or losses. Before starting an ICC arbitration, many companies understandably want to know how long it will take before the final Award is handed down.
In most cases it would be unrealistic to expect that the final Award can be made in less than one year, although complex ICC arbitration proceedings have been conducted in as little as two and a half months. Adherence to time-limits is monitored closely by the Court and its Secretariat. Once the Arbitral Tribunal has been constituted and the financial and other conditions have been met, two important time-limits govern the actual proceedings - the two months already referred to for transmitting the Terms of Reference to the Court, followed by six months for rendering the final Award. The Court can extend these time-limits if circumstances so require.
The Court follows each case by means of progress reports that are submitted to it periodically by the Secretariat.
In addition, the ICC system of arbitrator remuneration is designed to encourage the efficient conduct of the arbitration as the arbitrators are not paid on an hourly or daily basis.
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