A Case for Less Confidentiality in International Commercial Arbitration Involving States as Parties: An Introspection on the Case of the Federal Republic of Nigeria v. Process & Industrial Developments Limited - Arbitration: The International Journal of Arbitration, Mediation and Dispute Management View A Case for Less Confidentiality in International Commercial Arbitration Involving States as Parties: An Introspection on the Case of the Federal Republic of Nigeria v. Process & Industrial Developments Limited by - Arbitration: The International Journal of Arbitration, Mediation and Dispute Management A Case for Less Confidentiality in International Commercial Arbitration Involving States as Parties: An Introspection on the Case of the Federal Republic of Nigeria v. Process & Industrial Developments Limited 91 3

Confidentiality in international commercial arbitration remains one argument made in support of arbitration. However, on careful analysis, some jurisdictions do not recognize an implied right to confidentiality in arbitration, notwithstanding people’s varying perceptions. The idea of privacy has been distinguished from the idea of confidentiality in arbitration. Therefore, while an arbitration hearing may be held privately, it does not necessarily mean that every element of such arbitration is impliedly confidential. As such, some elements of an arbitration may be disclosed, notwithstanding when such arbitration has been held in private. On the flip side, while confidentiality cannot always be implied from every ‘private’ arbitration, the privacy of such arbitration shields some of the elements of the arbitration from the eyes of the public. Therefore, it reinforces the very idea of confidentiality in arbitration. In this article, the authors make a case for less confidentiality and greater transparency in international commercial arbitration involving state parties while taking a cue from the decision of the English Court in The Federal Republic of Nigeria v. Process and Industrial Developments (P & ID) Limited.

Arbitration: The International Journal of Arbitration, Mediation and Dispute Management