CPR Captures 2016 GAR Innovation Award
Awarded for CPR’s unique Screened Selection Process, which enables parties to appoint arbitrators without them knowing who chose them
March 2, 2016
New York, N.Y. – The International Institute for Conflict Prevention and Resolution (CPR), a global non-profit organization that advances dispute resolution practices and provides highest quality dispute resolution solutions, was announced as the winner of Global Arbitration Review’s (GAR) Innovation Awards 2016 in Shanghai today.
The sixth annual GAR Awards Ceremony, recognizing the world’s leading arbitration practices, selected CPR for its Screened Selection Process for appointing arbitrators, a unique and innovative procedure that provides a solution to the “moral hazard” of party-appointed arbitrators. The screened selection process, which is included in CPR’s Rules for Administered Arbitration of International Disputes (2014), enhances the objectivity and integrity of the arbitration proceeding while preserving the ability of the parties to designate their arbitrators.
“It is a great honor to be awarded the 2016 GAR Innovation Award for our Screened Selection Process,” said Noah Hanft, CPR CEO & President. “We are both pleased and proud to provide and be honored for this innovative advance in the arbitration field as part of CPR’s ongoing quest to enhance the effectiveness of alternative dispute resolution.”
This year’s award ceremony took place March 2 at the Mandarin Oriental Pudong in Shanghai. Accepting on behalf of CPR were C. Mark Baker, Global Co-Head of International Arbitration at Norton Rose Fulbright US LLP and Larry Schaner, Co-Chair of International Arbitration at Jenner & Block LLP. Other award categories were:
- Best lecture or speech
- Chinese international arbitration practice that impressed in the past year
- Innovation by an individual or organization
- Best prepared/most responsive arbitrator
- International arbitration practice that impressed in the past year
- Most important published decision
- Best development
- GAR Guide to Regional Arbitration award for an arbitral institution that impressed in the past year
- Jurisdiction that has made great progress
- Lifetime achievement award
For more information about how CPR’s Screened Selection Process works in practice, click here.
CPR is the only independent non-profit organization whose mission is to help global business and their lawyers resolve complex commercial disputes more cost effectively and efficiently. For over 30 years, the legal community has trusted CPR to deliver superior arbitrators and mediators and innovative solutions to business conflict. CPR’s membership comprises an elite group of ADR trailblazers, including executives and legal counsel from the world’s most successful companies and global law firms, government liaisons, retired judges, highly experienced neutrals, and leading academics. For more information, please visit www.cpradr.org.