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Gafta arbitration (Grain and Feed Trade Association) is a dispute resolution process conducted under the Gafta rules, primarily based on the association’s standard forms. Gafta, the International Grain and Feed Trade Association, was established to standardise and simplify the global trade of grain and feed. The association develops standard form contracts that include mandatory provisions for resolving disputes through Gafta arbitration. These contracts are widely used in international trade, and any disputes arising from them…

Every arbitration starts with a question of how many arbitrators shall hear the dispute: a sole arbitrator or a tribunal of three arbitrators. Below I will outline the factors I use before answering this question in Gafta. When can a sole arbitrator be appointed? Under Gafta 125, when filing a notice of arbitration, the claimant has two options: to appoint an arbitrator to a tribunal of three or propose to the respondent that the dispute…

Based on my speech at the Trend & Hedge Club in Kyiv. Over the last few years, the Ukrainian media have been abuzz with scandals about default of traders. Those traders were seen as solid market players with excellent prospects for the future. In 2019 it was Agroinvest and Cardiff. In 2020 it was Spike Trade. Now it is time for Mimier. The stories are different, but they all follow the same script: Stage 1:…