Dr. Iris Truman
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Dr. Iris Truman, PhD, University of Leicester and a Barrister-at-Law Dr.
Iris Truman stands at the forefront initiative in promoting and initiating the establishment of a more efficient, acceptable and enforceable international system of judicial process which would decide on disputes between MNEs and States.
Dr. Truman Serves as the chairman of the ICSCD committee of the Bar Association and she is the founder of a law firm expert in international law, international trade agreements and treaties , corporate law , as well as managing complex commercial negotiations.
Dr. Truman serves as a mediator and arbitrator in commercial and corporate disputes. In addition, she lectures in various legal forums in the field of international law, antitrust law, corporate law and contract law. Dr. Truman holds a doctorate in law from the University of Leicester in England and holds a Masters degree in Business Administration Studies of the University of Leicester. Previously, she had an Analyst firm expert in Hi-tech and biotechnology companies, and serves more than two decades as a business mentor for young entrepreneurs.
Numerous attempts have been made to rectify the gaps and lacunas of the current international commercial legal system, in regard to MNEs- States disputes, as a unified, coherent, and enforceable system, however, successful and comprehensive outcomes are still lacking.
Our vision is to promote a more efficient, acceptable and enforceable system of judicial process that would decide on disputes between MNEs and States.
This concept for a new International commercial court would be known as the International Court of State and Corporate Disputes (ICSCD) which shall be put forward as a means of rectifying the three concern issues in the current commercial international legal system: The uncertainty regarding the Applicable Law; The question of Jurisdiction; and The lack of Precedence Tradition.
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The ICSCD is a a Proposal for a more efficient, acceptable and enforceable system of judicial process that would decide on disputes between MNEs and States.
The ICSCD structure and general principles
To secure a judicial independence, the ICSCD will be comprised of four main organs:
The ICSCD Secretary and the general Panel of Judges, which will constitute the administrative body and the highest judicial function of the entire ICSCD
An Ad Hoc Tribunal System (AHTS) appointed by the Secretary
A Contract Approval and Interpretation Mechanism (CAIM), which will harmonise state-MNE contract law and thus implicitly provide a coherent regulative body for contractual disputes
An Appellate Court, which shall be the final hearing on all appeals from the AHTS, CAIM, ICSCD and external international and domestic tribunals hearing.
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