William W. Park

Selected Publications


Arbitration of International Business Disputes (2006; 2d Edition 2012)

International Commercial Arbitration: (1997; 2d ed. 2015), with Reisman, Craig & Paulsson

International Chamber of Commerce Arbitration (1984; 3d ed. 2000), with Craig & Paulsson

International Forum Selection (1995)

Income Tax Treaty Arbitration (2004), with Tillinghast


Fiscal Jurisdiction and Accrual Basis Taxation: Lifting the Corporate Veil to Tax Foreign Company Profits, 78 Colum. L. Rev. 1609 (1978)

Judicial Supervision of Transnational Commercial Arbitration, 21 Harvard Int'l L. J. 87 (1980)

Tax Characterization of International Leases: The Contours of Ownership, 67 Cornell L. Rev. 103 (1981)

Legal Issues in the Third World's Economic Development, 61 B. U. L. Rev. 1321 (1981)

Lex Loci Arbitri and International Commercial Arbitration, 32 Int'l & Comp.L.Q. 21 (1983), translated as El arbitraje comercial internacional y la lex loci arbitri, 2 Revista de la Corte Espanola de Arbitraje 57 (1985)

Private Adjudicators and the Public Interest: The Expanding Scope of International Arbitration, 12 Brooklyn J. Int'l L. 629 (1986)

National Law and Commercial Justice, 63 Tulane L. Rev. 647 (1989), reprinted as Judicial Controls in the Arbitral Process, 5 Arb. Int'l 230 (1989)

Legal Policy Conflicts in International Banking, 50 Ohio State L. J. 1067 (1989)

When the Borrower and the Banker Are at Odds: Arbitration and International Finance, 65 Tulane L. Rev. 1323 (1991)

Spiritual Energy and Secular Power, in Religion and International Law 171 (Mark Janis ed., 1991; revised for 2d ed. 1999)

L'Arbitrage et le recouvrement des prêts, 37 McGill L. J. 375 (1992)

Illusion and Reality in International Forum Selection 30 Texas Int'l L. J. 135 (1995)

Neutrality, Predictability and Economic Cooperation, 12 (No. 4) J. Int'l Arb. 99 (1995)

L'Arbitrage en Matière Financière, 40 Rev. Jurisprudence Commerciale 41 (1996)

The Arbitrability Dicta in First Options v. Kaplan: What Sort of Kompetenz-Kompetenz Has Crossed the Atlantic?, 12 Arb. Int'l 137 (1996), reprinted 11 Int'l Arb. Rep. 28 (Oct. 1996), translation in 3 Revista de Arbitragem e Mediação 142 (2006)

The Relative Reliability of Arbitration Agreements and Court Selection Clauses, in International Dispute Resolution: The Regulation of Forum Selection 3 (J. Goldsmith ed., 1997)

When and Why Arbitration Matters, in The Commercial Way to Justice 73 (G.M. Beresford Hartwell ed., 1997); reprinted 13 Int’l Arb. Rep. 14 (January 1998); adapted as Text and Context in International Dispute Resolution, 15 B.U. Int'l L. J. 191 (1997)

Determining Arbitral Jurisdiction: Allocation of Tasks Between Courts and Arbitrators, 8 Am. Rev. Int'l Arb. 133 (1997), reprinted in [2000] ADR Law J.19 (2000)

The Interaction of Courts and Arbitrators in England, 1 Int'l Arb. L. Rev. 54 (1998); reprinted 13 Int'l Arb. Rep. 21 (June 1998)

Arbitration in Banking and Finance, 17 Annual Rev. Banking Law 213 (1998); reprinted 1997 Yearbook Int’l Financial & Economic Law (1999) 141; adapted for Banks and Remedies 187 (2d Ed., William Blair, ed., 1999)

Bridging the Gap in Forum Selection, Harmonizing Arbitration and Court Selection Clauses, 8 Transnat'l L. & Contemp. Problems 19 (1998)

Duty and Discretion in International Arbitration, 93 Am. J. Int'l Law 805 (1999); reprinted 15 Int'l Arb. Rep. 28 (Jan. 2000); Japanese translation in 33 Seinan Gakuin L.Rev. 71 (2001) PDF1 & PDF2 & PDF3

Arbitration and the Fisc: NAFTA’s Tax Veto, 2 Chicago J. Int’l Law 231 (2001); reprinted 16 Int’l Arb. Rep. 33 (May 2001), 2002 Stockholm Arbitration Report 21 (2002), adapted as Arbitration and Tax Measures in North America, in Settlement of Disputes in Tax Treaty Law 565 (M. Lang & M. Züger, eds., 2002) and Expropriation and Taxation in the NAFTA, in NAFTA Investment Law and Arbitration 93 (T. Weiler, ed.2004)

Arbitration’s Discontents: Of Elephants and Pornography, in Foundations and Perspectives of International Trade Law 258 (Ian Fletcher, Loukas Mistelis & Marise Cremona eds. 2001); reprinted 17 Arb. Int’l 263 (2001) and 17 Int’l Arb. Rep. 20 (Feb. 2002)

Why Courts Review Arbitral Awards, in Recht der Internationalen Wirtschaft und Streiterledigung im 21. Jahrhundert: Liber Amicorum Karl-Heinz Böckstiegel 595 (R. Briner, L. Y. Fortier, K.-P. Berger & J. Bredow, eds., 2001); reprinted 16 Int’l Arb. Rep. 27 (November 2001) PDF

Income Tax Treaty Arbitration, 10 George Mason L. Rev. 803 (2002); reprinted 31 Tax Management Int’l J. 219 (2002); translated as L'arbitrato nei trattati sulle imposte sui redditi, Rivista di Diritto Tributario Internazionale 3 (gennaio-dicembre 2003)

The New Face of Investment Arbitration, 28 Yale J. Int’l L. 365 (2003), with Guillermo Aguilar Alvarez; reprinted 19 Int’l Arb. Rep. 39 (January 2004); 1 Revista del Circulo Peruano de Arbitraje 41 (2006): International Commercial Arbitration: Important Contemporary Questions 392 (ICCA Congress Series No. 11, A.J. van den Berg ed. 2003)

Amending the Federal Arbitration Act, 13 Am. Rev. Int’l Arb. 75 (2002); adapted as The Specificity of International Arbitration: The Case for FAA Reform, 36 Vanderbilt J. Transnational L. 1241 (2003) Word Document

Arbitration’s Protean Nature: The Value of Rules and the Risks of Discretion (The 2002 Freshfields Lecture), 19 Arb. Int’l 279 (2003); reprinted 19 Int’l Arb. Rep. 30 (May 2004) and 5 Int'l Arb. Quarterly 85 (Summer 2004), translated as Naturaleza cambiante del arbitraje: El valor de las reglas v los riesgos de la discrecionalidad, 2 Revista Internacional de Arbitraje 11 (Enero-Junio 2005) and Chinese translation in 13 J. Int'l Economic Law 256 (2006, No. 4, Beijing University Press) PDF

The Nature of Arbitral Authority: A Comment on Lesotho Highlands, 21 Arb. Int’l 483 (2005)

The Procedural Soft Law of International Arbitration, in Pervasive Problems in International Arbitration 141 (L. Mistelis & J. Lew, eds. 2006) PDF

Treaty Obligations and National Law, 58 Hastings Law Rev. 251 (2006), with Alexander Yanos

Jurisdiction to Determine Jurisdiction, in 13 ICCA Congress Series 55 (Permanent Court of Arbitration, The Hague, 2007)

Two Faces of Progress: Fairness and Flexibility in Arbitral Procedure, 23 Arb. Int’l 499 (2007) PDF

Determining Arbitral Jurisdiction: Timing and Finality, 8 Nev. L.J. 135 (2007) PDF1 & PDF2

Arbitrability and Tax, in Arbitrability: International and Comparative Perspectives 179 (L. Mistelis & S. Brekoulakis, eds., 2008) PDF

Arbitral Jurisdiction in the United States, 11 Int'l Arb. L. Rev. 33 (2008)

Non-signatories and International Contracts: An Arbitrator’s Dilemma, in Multiple Party Actions in International Arbitration 3 (Permanent Court of Arbitration, 2009), adapted from Non-Signatories and International Arbitration, in Leading Arbitrators' Guide to International Arbitration 707 (L. Newman & R. Hill, 3d ed. 2014); 2 Dispute Res. Int’l 84 (2008); Extending the Arbitration Agreement to Non-Signatories, ch. 4 Int'l Commercial Arb. Practice: 21st Century Perspectives (H. Grigera Naón & P. Mason eds. 2010; 2d Ed. 2013) PDF

Tax, Arbitration and Investor Protection, in The Future of Investment Arbitration 227 (C. Rogers & R. Alford, eds., 2009), adapted from contribution to Investment Protection and the Energy Charter Treaty 115 (Graham Coop & Clarisse Ribeiro, eds. 2008)

Arbitrator Integrity, 46 San Diego Law Review 629 (2009); adapted in The Backlash Against Investment Arbitration: Perceptions and Reality 189 (Michael Waibel, Asha Kaushal, Kyo-Hwa Liz Chung, Claire Balchin, 2010); adapted as Rectitude in International Arbitration, 27 Arb. Int'l 473 (2011) PDF

Arbitrators and Accuracy, 1 J. Int'l Disp. Settlement (2010); reprinted with Epilogue as Truth-Seeking in International Arbitration, in The Search for "Truth" in Arbitration 1(M. Wirth, C. Rouvinez & J. Knoll, eds., 2011), Association Suisse de l’Arbitrage Special Series No. 35; adapted as Truth and Efficiency in Looking to the Future, Essays in Honor of Michael Reisman 753 (M. Arsanjani, J. Katz Cogan, R. Sloane & S. Wiessner, eds. 2011 ) PDF

A Cautionary Tale on Arbital Authority, 3 Penn State Y.B. Arb. & Mediation 200 (2001)

Les devoirs de l’arbitre: ni un pour tous, ni tous pour un, 2001 Cahiers de l’Arbitrage 13 (2011); PDF revised 8 Revista de Arbitragem E Mediação 117 (A. Wald, São Paulo, 2011) ; adapted as The Four Musketeers of Arbitral Duty, in 8 ICC Dossiers 25 (ICC Institute of World Business Law 2011 ) PDF

Arbitration in Autumn, 2 J. Int'l Disp. Settlement 3 (2011); adapted as Maturity in Arbitration, 26 ICSID Review (2011 ) PDF

La jurisprudence américaine en matière de class arbitration: entre débat politique et technique juridique, 2012 Revue de l'Arbitrage 507, adapted from Le caractère définitif de la sentence, Comité français de l’arbitrage, lecture delivered at Cour d’appel de Paris, 11 May 2012; adapted as La jurisprudencia estadounidense en materia de arbitraje colectivo, 5 Revista del Circulo Peruano de Arbitraje 9 (2012/2013), with assistance of Orlando Cabrera (www.limaarbitration.net) PDF

Convention Violations and Investment Claims, 29 Arb. Int'l 175 (2013), in Agora on International Law Remedies for Wrongful Conduct by National Courts, 29 Arb. Int'l 153 (2013) PDF

A Fair Fight: Professional Guidelines in International Arbitration, 30 Arb. Int. 409 (2014), in Agora on Codes of Conduct for Cross-Border Dispute Resolution; adjusted as Lawyer Comportment in Arbitration: Costs and Benefits in the Search for Equality of Arms, forthcoming in Mélanges Pierre Mayer (2014) PDF

Arbitration’s Discontents, in Melanges en L’Honneur du Professeur Bernard Audit 581 (2014) PDF

The Predictability Paradox: Arbitrators and Applicable Law, forthcoming in 11 ICC Dossiers (ICC Institute of World Business Law 2014) PDF

Gaps and Changed Circumstances in Energy Contracts: The Devil in the Detail, 8J. World Energy Law & Business 89 (2015) PDF

Explaining Arbitration Law, in Defining Issues in International Arbitration: Celebrating 100 Years of the Chartered Institute of Arbitrators 7 (Julio César Betancourt, ed. 2016) PDF

Challenging Arbitral Jurisdiction: The Role of Institutional Rules, in Liber Amicorum en l'Honneur de William Laurence Craig 231 (2016) PDF

Shorter Pieces, Festchrifts & Book Reviews:

International Products Liability Litigation: The Applicable Law, 12 Int'l Lawyer. 845 (1978)

Le Nouveau Statut des Banques Etrangères aux Etats-Unis, 32 Rev. Internationale Droit Comparé 75 (1980)

French Codification of a Legal Framework for International Commercial Arbitration, 13 Georgetown J. L. & Pol. Int'l Bus. 727 (1981)

Quis Custodiet Ipsos Custodes?, Forum London (I.B.A., 1982)

National Legal Systems and Private Dispute Resolution, 82 Am. J. Int'l. 616 (1988)

The Binding Force of International Arbitral Awards, 23 Virginia J. Int'l L. 253 (1983), with Jan Paulsson

Book Review, Commercial Arbitration by Michael Mustill and Stewart Boyd, 11 Int'l Bus. Lawyer 216 (1983)

Predestination and Swiss Arbitration Law, 2 B.U.Int'l L.J. 1 (1983), with Philippe Neyroud

Arbitration of International Contract Disputes, 39 Bus. Lawyer 1783 (1984)

The Influence of National Legal Systems on International Arbitration, in Resolving Transnational Disputes Through Arbitration 80 (T. Carbonneau ed., 1984)

Compelling Information from Foreign Corporations, in Investments in United States Real Estate from a European Perspective 385 (R. Zäch ed., 1985)

Backup Withholding, Foreign Banks and Bearer Bonds, J. Strat. Int'l Tax’n 161 (1985)

Tax Planning for Foreign Investment in American Real Estate, J. Strat. Int'L Tax’n 247 (1985)

Arbitrage Commercial et Contrats Internationaux, 45 Revue du Barreau 215 (1985), with Jan Paulsson

Book Review, The French Law of Arbitration by Jean Robert & Thomas Carbonneau, 2 Arb. Int'l 266 (1986), with Laurent Lévy 

American Income Tax Aspects of Trans-Border Securities Investments, 4 B.U.Int'l L. J. 67 (1986)

Control Mechanisms in the Development of a Modern Lex Mercatoria, in Lex Mercatoria and Arbitration 143 (T. Carbonneau ed. 1990; rev. 1998)

Book Review, Guide to International Arbitration and Arbitrators by Hans Smit & Vratislav Pechota, 85 Am. J. Int'l L. 586 (1991)

Anonymous Bank Accounts, 15 Fordham Int'l L. J. 652 (1992)

Finality and Fairness in Tax Arbitration, 11 (No. 2() J. Int'l Arb.19 (1994)

The Recognition of Foreign Arbitral Awards, in Counseling Emerging Companies in Going International 391 (ABA, Alan Gutterman ed., 1994)

Control Mechanisms in International Tax Arbitration, in Resolution of Tax Treaty Conflicts by Arbitration 35 (G. Lindencrona ed., I.F.A. Congress Series, 1994)

Particulariés de l'arbitrage en matiere bancaire et financière, 1994 Semaine Judiciare (Geneva) 621 (1994)

The Raison d'Etre of International Arbitration, 1995 Lov Og Rett 641 (Oslo, 1995)

Foreword to Christian Bühring-Uhle, Lars Kirchhoff and Gabriele Scherer, Arbitration and Mediation in International Business (1996; 2d Edition 2005)

Book Review, Cases and Materials on Commercial Arbitration by Thomas Carbonneau, 7 Am. Rev. Int'l Arb. 199 (1996)

Documentary Credit Dispute Resolution: The Role of Arbitrators and Experts, 12  Int'l Arb. Rep. 15 (November 1997); adapted as The UCP in Court, Documentary Credits Insight 11 (International Chamber of Commerce, Winter 1997)

International Dispute Resolution, Nat'l L. J., C-18 (4 May 1998)

In Memoriam -- Elizabeth B. Clark, 78 B.U. Law Rev. 242 (1998)

The Art of Doubting and Believing, by Sebastian Castellion, 54 Unitarian Universalist Christian 57 (1999) (Introduction and Translation)

The United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, in Handbook of International Dispute Resolution 519 (B. Barin ed., 1999)

Making Sense of Financial Arbitration/Comprendre les enjeux de l’arbitrage financier, in Arbitration, Finance and Insurance 7, ICC Arbitration Bulletin, Special Supplement 2000

Jurisdictional Issues in Financial Arbitration, in Festschrift für Otto Sandrock zum 70. Geburtstag 745 (Klaus Peter Berger, Werner F. Ebke, Siegfried Elsing, Bernhard Grossfeld & Gunther Kühne, eds. 2000)

Book Review, La Compromettibilità Per Arbitri: Studio Di Diritto Italiano e Comparato, by Aldo Berlinguer, in 16 Int’l Arb. Rep. 19 (March 2001), with Luisa Arosio.

Complex Issues in International Arbitration, Texas Lawyer (4 November 2002, Section 5)

Investor Nations as Host States under NAFTA Chapter 11, in Investment Treaties and Arbitration 9 (Gabrielle Kaufmann-Kohler & Blaise Stucki, eds.), Association Suisse de l’Arbitrage, Special Series No. 19 (Zürich 2002)

The Contours of Arbitral Jurisdiction: Who Decides What?, 3 Int’L Arb. News 2 ( ABA, Summer 2003); reprinted 18 Int’l Arb. Rep. 21 (August 2003)

Arbitrability and American Securities Law, in Arbitration in Banking and Financial Matters 81 (Gabrielle Kaufmann-Kohler & Viviane Frossard, eds.), Association Suisse de l’Arbitrage, Special Series No. 20 (Geneva 2003)

International Commercial Dispute Resolution, 37 Int’l Lawyer 445 (2003), with Andrea Bjorklund & Jack Coe.

Irony in Intellectual Property Arbitration, 19 Arb. Int’l 451 (2003)v> Developments in International Commercial Dispute Resolution, 38 Int’l Lawyer 265 (2004). With Jack Coe, Mark Friedman, Dietmar Prager & Steven Smith.

Saving the FAA, 4 Int’l Arb. News 10 ( ABA, Summer 2004); reprinted 19 Int’l Arb. Rep. 27 (Nov. 2004) and 5 Int'L Arb. Q. Law Rev 117 (Winter 2004) PDF

NAFTA Challenges, in Investment Treaty Law (F. Ortino, A. Sheppard & H. Warner, eds. 2006, Symposium of 7 May 2004, British Institute of International & Comparative Law)

The French Influence on International Arbitration, in Contrasting Approaches to Global Business 111 (J-M Burguburu, ed. 2005) (Proceedings of Paris Bar Association Conference, November 2004, Washington, D.C.)

The Good Arbitrator, 10 LCIA News 28 (August 2005)

Private Disputes and the Public Good, 20 Am. U. Int’l L. Rev. 903 (2005) PDF

The Faith of Hosea Ballou, 60 Unitarian Universalist Christian 21 (2005)

Foreword, Leonard Schneidman, United States Taxation of Foreign Portfolio Investors (2006)

Procedural Default Rules Revisited, in Arbitration Insights 331 (J. Lew & L. Mistels, eds. 2006) PDF

Rules and Standards in Private International Law, Review Essay of Dicey, Morris and Collins: The Conflict of Laws (Sir Lawrence Collins, 14th ed.) 73 Arbitration 441 (2007) PDF

Du respect de la Convention de New York 18 (2) Bulletin Cour Internationale de l'Arbitrage CCI. 65 (2007) and Respecting the New York Convention, in 18 (No 2) ICC Court of Arbitration Bulletin 65 (2007) PDF

Uses of Comparative Arbitration Law, 24 Arb. Int’l 615 (2008); review essay on Jean-François Poudret & Sébastien Besson, Comparative Law of International Arbitration (2d ed. 2007), with Thomas W. Walsh PDF

The International Currency of Arbitral Awards, in International Arbitration 359 (Vol. I, Practicing Law Institute, 2008)

Framing the Case on Quantum, in Damages in International Arbitration, 2 World Arbitration & Mediation Report 59 (2008), adapted from Keynote Address to Institute for Transnational Arbitration, Dallas (June 2008)

Foreword to Sam Luttrell, Bias Challenges in International Arbitration (2009)

The Transient and the Permanent in Good Behavior, 65 Dispute Res. J. 134 (May-Oct 2010), adapted from Ethics in International Arbitration, 3 WORLD ARB. & MED. REV. 283 (2009), Keynote Address to Institute for Transnational Arbitration (Dallas, June 2009)

Investment Claims and Arbitrator Comportment, in Liber Amicorum for Thomas Waelde: Law Beyond Conventional Thought 183 (Arif Ali, ed. 2009); adapted as Arbitrator Integrity and Investor-State Disputes in Contemporary Issues in International Arbitration and Mediation100 (Arthur Rovine, ed. 2010)

The Borders of Bias in International Arbitration, in Making Transnational Law Work: Essays in Honour of Detlev Vagts 577 (eds. P. Bekker, R. Dolzer & M. Waibel, 2010)

The American President (Interview), 6 Global Arbitration Review 26 (2011)

Arbitrator Comportment and Foreign Investment Claims, 7 Political Risk Insurance Newsletter 1 (May 2011)

The Politics of Class Action Arbitration in The Practice of Arbitration: Essays in Honour of Hans van Houtte 169 (2012); adapted as Jurisdictional Legitimacy and Vindication of Contract Rights, 27 Am. U. Int'l L.Rev. 837 (2012) PDF

Procedural Tensions in International Arbitration, in International Arbitration: Contemporary Issues (24th Sokol Colloquium, Univ. Virginia, ed. J.N. Moore 2013)

The Theory and Reality of the Arbitrator: What is an International Arbitrator?, 7 World Arb. & Med. Rev. 629 (2013)

La déontologie et l'indépendance de l'arbitre, Decideurs 43 (Annuaire 2013-14) PDF

The Cohasset Marshlands Arbitration, forthcoming in International Council for Commercial Arbitration Newsletter (Autumn 2014) PDF

Third-Party Funding in International Arbitration, with Catherine A. Rogers, 2015 Austrian Arbitration Yaerbook 114 (2015)

Korea: A Rising Star in International Arbitration, Korean Bar Association J. 9 (20 October 2014)

Arbitrator Bias, Transnational Dispute Management (TDM), January 2015, www.transnational-dispute-management.com

The Health of Arbitration: Counterpoise and Common Sense, Essay in Honor of Queen Mary University School of Arbitration, 30th Anniversary, Lexis Nexis Arbitration 7 (Spring 2015), available http://blogs.lexisnexis.co.uk/dr/sia-30/.

Equality of Arms in Arbitration: Cost and Benefits, forthcoming in Mélanges en L' Honneur de Pierre Mayer (2015)

Lord Mustill and the Channel Tunnel Case, 31 Arbitration International (forthcoming, 2015); adapted in 47 Revista Brasileira de Arbitragem (Comite Brasileiro de Arbitragem) (July/September 2015) PDF

Eticas del arbitro: entre lo pernicioso y lo precario, in Problemas Contemporáneos de Arbitraje Comercial, (Hector Flores Senties, ed. 2015, Instituto Tecnologico Autonomo de Mexico, Ciudad de Mexico)

© William W. Park