Rapid economic growth and development over the past decade in Cambodia has led to a significant increase in the number and complexity of commercial disputes involving both domestic and foreign investors. Managing the risks associated with contract disputes is becoming more and more important.
Participants of this Breakfast talk learned from our panel of experts how commercial arbitration can provide investors with a degree of comfort that their ventures can be protected, contracts enforced, and disputes efficiently resolved.
* Mr. Alex Larkin, EuroCham representative at the National Commercial Arbitration Centre of Cambodia (NCAC).
Alex defined commercial arbitration and explained its advantages and its usefulness in resolving commercial disputes.
Youdy described recent developments on arbitration in Cambodia, the rules governing this practice and introduced the NCAC.
Steven placed the topic in a regional perspective: International Arbitration, Institutional vs Ad-Hoc Arbitration and Enforcement of Arbitration Awards were the focus of his discussion.
About the Speakers:
- Mr. Alex Larkin, EuroCham representative at the National Commercial Arbitration Centre of Cambodia (NCAC); Senior Adviser, DFDL.Alex has acted for clients in relation to civil litigation and commercial arbitration in the United States and arbitration at the Singapore International Arbitration Center and other Southeast Asian jurisdictions, in the telecom, real estate, and beverage manufacturing sectors, among others. He is the appointed representative of the European Chamber of Commerce in Cambodia as a member of the National Commercial Arbitration Centre of Cambodia (NCAC). His experience also includes corporate transactions and advising, and mergers and acquisitions. His recent transaction work includes advising in relation to a multinational pharmaceutical distributor in preparation for a public listing, advising on the sale of a casino business, and establishment of a beverage manufacturing factory. He holds a Bachelor of Science degree in Mechanical Engineering from the University of Washington and a Juris Doctor degree from Seattle University.
- Mr. Bun Youdy, LL.M., FSIArb, Member of Executive Board of NCAC; Partner, Bun & Associates;Youdy serves as the Practice Leader of the Dispute Resolution, Corporate, and Banking & Finance practice groups at Bun & Associates. He is one of the first commercial arbitrators admitted to the National Commercial Arbitration Centre of Cambodia (NCAC) and a Fellow of the Singapore Institute of Arbitrators. Youdy currently serves as an executive board member of the NCAC and as a board member of the European Chamber of Commerce in Cambodia (Eurocham). His expertise includes market entry and commercial transactions as well as financing transaction. He has assisted numerous clients in organizing their litigation strategies and acted for an international construction company to successfully enforce a foreign arbitration award in Cambodia under the New York Convention. He has been consistently ranked a leading lawyer (first tier) in Cambodia by IFLR 1000 and Chambers & Partners. He is fluent in Khmer, English and French.
- Mr. Steven Lim, fellow of the Singapore Institute of Arbitrators; Managing Partner, Nabarro LLP Singapore;Steven is an advocate and arbitrator focusing on international dispute resolution. He represents clients in large and complex international arbitrations before leading arbitral institutions. He also sits as an arbitrator. He is a member of the ICDR's International Panel of Arbitrators, the SIAC Panel of Arbitrators and the KLRCA Panel of International Arbitrators and sits as an arbitrator for ICC cases. He is a fellow of the Chartered Institute of Arbitrators and the Singapore Institute of Arbitrators. He has experience with a broad range of commercial, oil and gas and energy, offshore services and engineering, ship building and construction disputes. He is also experienced in insolvency matters