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Confidentiality and the Riddick Principle in International Commercial Arbitration

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This paper seeks to provide a comprehensive review of the international rules of law on the obligations of confidentiality and its exceptions in international commercial arbitration, including the Riddick principle stemming from the common law jurisdiction. To this end, this article examines and analyzes developed countries’ arbitration legislation including relevant case laws and the most recent leading institutional rules. Given the fact that the increasing use of discovery in international commercial arbitration and that the parties and practitioners in civil law countries are not familiar with the concept of the Riddick principle and its implied undertaking to a court, this article introduces the concept of the Riddick principle with some analysis for the recent case laws. Finally, this paper makes some suggestions to strengthen the compliance of confidentiality in international commercial arbitration by introducing new rules on confidentiality, inter alia, sanctions for breaching of the obligations of confidentiality.

Abstract

This paper seeks to provide a comprehensive review of the international rules of law on the obligations of confidentiality and its exceptions in international commercial arbitration, including the Riddick principle stemming from the common law jurisdiction. To this end, this article examines and analyzes developed countries’ arbitration legislation including relevant case laws and the most recent leading institutional rules. Given the fact that the increasing use of discovery in international commercial arbitration and that the parties and practitioners in civil law countries are not familiar with the concept of the Riddick principle and its implied undertaking to a court, this article introduces the concept of the Riddick principle with some analysis for the recent case laws. Finally, this paper makes some suggestions to strengthen the compliance of confidentiality in international commercial arbitration by introducing new rules on confidentiality, inter alia, sanctions for breaching of the obligations of confidentiality.

참고문헌 (19)

  1. 안건형, "2019년 개정 ICC 중재 진행에 관한 당사자 및 중재판정부 지침의 주요내용과 시사점:ICC의 중재판정부 정보 공개 및 중재판정의발간 정책을 중심으로", 중재연구, 29(2), pp.65~88 (2019), 한국중재학회
  2. "Confidentiality vs. Transparency in Commercial Arbitration: A False Contradiction to Overcome" (2012)[URL]
  3. Baizeau, D., "Confidential and Restricted Access Information in International Arbitration, ASA Special Series No. 43" (2016)
  4. "Document Production in International Arbitration: The Good or the Evil?" (2018)[URL]
  5. Blackaby, N., "Redfern and Hunter on International Arbitration" (2009), Oxford University Press
  6. Born, G, "International Commercial Arbitration" (2009), Kluwer Law International
  7. "Singapore High Court holds that the Riddick principle ceases to apply once a document has been used in open court" (2015)[URL]
  8. Bernardo M. Cremades, "The Principle of Confidentiality in Arbitration: A Necessary Crisis", 중재연구, 23(3), pp.25~38 (2013), 한국중재학회[DOI]
  9. Gaillard, E., "Le principe de confidentialité de l’arbitrage commercial international", pp.153~ (1987), Dalloz, Chron
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  12. Hwang, M., "Confidentiality in Arbitration: The Criteria Adopted by Institutions", Singapore Institute of Arbitrators Newsletter, (2) (2005)
  13. Hwang, M., "Defining the Indefinable : Practical Problems of Confidentiality in Arbitration", Journal of International Arbitration, 26(5) (2009)
  14. Lew, J., "Comparative International Commercial Arbitration" (2003), Kluwer Law International
  15. Poorooye, A., "Confidentiality and Transparency in International Commercial Arbitration: Finding the Right Balancing", Harvard Negotiation Law Review, 22, pp.275~ (2017)
  16. "Confidentiality in International Commercial Arbitration: Bedrock or Window-Dressing?" (2017)[URL]
  17. "Case Update: Singapore Court of Appeal Rules on the Riddick Undertaking for Disclosed Documents" (2020)[URL]
  18. "Confidentiality in International IP Arbitration" (2021)[URL]
  19. "SGHC 269" (2020)[URL]

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