For this first day of the Casablanca Arbitration Days 2024, organized by Casablanca Finance City (CFC) and the Casablanca International Mediation and Arbitration Centre (CIMAC), Pierluigi Collina spoke during an exchange with economist Abdelmalek Alaoui, early in the morning. He mentioned some essential milestones of his career, as well as what drove him as a former football referee.
He also addressed the importance of foresight, rigor, and neutrality, demonstrating how these overriding principles resonated in the resolution of financial conflicts. Pierluigi Collina then returned to talent as a sine qua non condition for the practice of the refereeing profession, but also preparation and work upstream of the matches, in order to be best prepared for any eventuality.
As Abdelmalek Alaoui pointed out, this is a way of approaching the subject of sports arbitration which has essential common points with commercial arbitration, such as that which can exist between two multinationals for example.
CIMAC as an actor in a modern and fair business environment
Handling commercial disputes with fairness, rectitude, and speed is the essential mission of CIMAC. Its Secretary General, Hicham Zegrary, particularly insisted on the primacy of confidentiality in the handling of dispute files, with the key objective of preserving commercial relations, thanks to a reconciliation of the parties involved. Arbitration then becomes the ideal alternative to state courts, regularly perceived as slow and poorly adapted to the specific needs of the parties, in particular that of continuing their commercial collaboration.
Saïd Ibrahimi, Director General of Casablanca Finance City Authority, goes in the same direction, having recalled the words of His Majesty King Mohammed VI in his speech at the opening of parliament in 2022, during his opening remarks: "The effective implementation of mediation and arbitration mechanisms for the settlement of disputes is likely to strengthen the confidence of those who want to carry out productive investments in our country."
Regarding arbitration and sport, two panels intervened to discuss the role of arbitrators in sports disputes by examining the central place of the Court of Arbitration for Sport, during the first day of this Casablanca Arbitration Days. Then, two panels intervened to discuss arbitration and finance, particularly in terms of disputes in banks, securities, and insurance, in a first step, and investment arbitration and disputes in the financial sector in a second step.
On Saturday, speakers returned to the financial aspects of arbitration. Namely, on the one hand, the rise in costs in international arbitration and, on the other hand, third-party funding.
It should be noted that CIMAC is establishing itself as the essential tool for resolving commercial conflicts in Morocco and internationally, with confidentiality, efficiency, and expertise as its values.
The exchanges that result from this eighth edition of the Casablanca Arbitration Day testify to CIMAC's commitment to contributing to building a business environment that encourages investment and that is modern, efficient, and attractive.
Regarding arbitration and sport, two panels intervened to discuss the role of arbitrators in sports disputes by examining the central place of the Court of Arbitration for Sport, during the first day of this Casablanca Arbitration Days. Then, two panels intervened to discuss arbitration and finance, particularly in terms of disputes in banks, securities, and insurance, in a first step, and investment arbitration and disputes in the financial sector in a second step.
On Saturday, speakers returned to the financial aspects of arbitration. Namely, on the one hand, the rise in costs in international arbitration and, on the other hand, third-party funding.
It should be noted that CIMAC is establishing itself as the essential tool for resolving commercial conflicts in Morocco and internationally, with confidentiality, efficiency, and expertise as its values.
The exchanges that result from this eighth edition of the Casablanca Arbitration Day testify to CIMAC's commitment to contributing to building a business environment that encourages investment and that is modern, efficient, and attractive.
