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Azerbaijan Arbitration

Azerbaijan’s New Arbitration Law 2024: A Step Towards Modernization

19/10/2024 by Aceris Law LLC

Azerbaijan Arbitration

On 25 January 2024, Azerbaijan’s new arbitration law came into force, marking a significant milestone in the country’s efforts to modernize its dispute resolution framework (the “Arbitration Law”). This law regulates both international and domestic arbitrations and is largely based on the UNCITRAL Model Law, bringing Azerbaijan’s arbitration regime closer to international standards. Structure The Arbitration […]

Filed Under: Azerbaijan Arbitration

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