This annual reference encompasses significant developments in the field of international commercial arbitration. It contains arbitral awards from various ad hoc and institutional tribunals which address issues such as the applicable law, assignment, bribery, copyright infringement and breach of contract. There are separate sections devoted to new arbitral rules and laws, court decisions relevant to arbitral practice, decisions applying the UNCITRAL model law and those applying two of the major multilateral arbitration conventions - the New York Convention 1958 and the European Convention 1961. The text concludes with an annotated bibliography of recent publications and current periodicals in the fields of arbitration and alternative dispute resolution.