Professor William Park Recognized with an Award Named in His Honor

Oxford University Press named the Rusty Park Prize in International Arbitration after Boston University Professor of Law William “Rusty” Park.

William Rusty Park

Oxford University Press has honored Professor William Park, R. Gordon Butler Scholar in International Law, by naming its new prize in international arbitration after him. The award recognizes articles of outstanding quality published by the Journal of International Dispute Settlement. It will be given no more than once each year, and only if an issue of JID publishes a paper about international arbitration of particular excellence.

Professor Park is a well-known scholar of international law. His research focuses on international tax and finance, conflict of laws, and the interaction of laws and religion; he teaches courses that focus on international tax, finance, and arbitration.

General editor of Arbitration International and president of the London Court of International Arbitration, Professor Park has chaired arbitral tribunals in Europe, China and the United States. He was appointed by former Federal Reserve Board Chairman Paul Volcker as arbitrator on the Claims Resolution Tribunal in Zürich, charged with resolving claims by Holocaust victims against Swiss banks, and as arbitrator on the London-based Appeals Tribunal of the International Commission on Holocaust Era Insurance Claims, chaired by former Secretary of State Lawrence Eagleburger. In addition, President George W. Bush appointed Park to the Panel of Arbitrators for the International Centre for Settlement of Investment Dispute.

Thomas Schultz, editor-in-chief of the JID, noted that “It is a great honour indeed that Rusty Park accepted to give his name to the prize. He is clearly one of the greatest minds in the field and one of those who has contributed the most, beyond considerations about how to do arbitration, to our ‘thinking about arbitration.’”

The inaugural winner of the Rusty Park Prize is Stavros Brekoulakis of Queen Mary, University of London, for his article, “Systemic Bias and the Institution of International Arbitration: A New Approach to Arbitral Decision-Making."

Reported June 6, 2014

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