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The place of arbitration has important consequences on the arbi-

tration procedure. Considering this importance, it would be on the safe

side to decide on the place of arbitration in light of the expert legal

advice. To begin with, it determines the law governing the arbitration

proceedings, in other words

lex arbitri

. Within this context; issues such

as the arbitrability, the enforcement of arbitration agreements, and the

involvement of courts in arbitration proceedings are the affected by

lex

arbitri

. Furthermore, the place of the arbitration defines the “national-

ity” of an arbitral award

2

. The nationality of the award may be signif-

icant for the enforcement of the award, since New York Convention

enables the signatories to make a reciprocity reservation

3

.

Preference of Arbitration Seat in ICC Arbitration

Concerning the data of the years 2007-2011

4

, ICC arbitrations

mostly took place in North and West Europe, with 67% of the cases.

Particularly, the most popular arbitration seat is France, with 546 cases.

France is followed by Switzerland with 482 cases and United Kingdom

with 324 cases.

One of the reasons of popularity of France is based on the fact that

ICC’s headquarters are based in Paris. Additionally, the positive atti-

tude of the courts towards arbitration and the fact that there is a court

specialized for arbitration contributes to the preference of practitioners

on this issue

5

.

Concerning United Kingdom, it should be stated that London is

commonly used as arbitration seat, especially in maritime arbitrations.

In practice, it is seen that London is determined traditionally as seat of

arbitration on most of the bills of lading.

Another quite popular seat of arbitration is Switzerland, especial-

ly the cities Geneva and Zurich. The reasons behind this preference are

ARBITRATION LAW

175

2

Secretariat’s Guide, p. 199.

3

It should be noted that Turkey ratified the New York Convention with two reservations. Firstly,

the Convention shall be applied to commercial disputes; secondly, it should only be applied to

arbitral awards which are given in another state that has also ratified the Convention.

4

Secretariat’s Guide, p. 199.

5

Ziya Akıncı

, Why Center for Arbitration in İstanbul?, Journal ofYaşar University, p. 80. Source:

http://journal.yasar.edu.tr/wp-content/uploads/2014/01/3-Ziya-AKINCI.pdf

(“

Akıncı

”).