On 21 September 2026, an arbitral tribunal (the “Tribunal”) rejected the investment claims brought by Mohammad Reza Khalilpour Bahari (“Mr. Bahari”), an Iranian investor, against the Republic of Azerbaijan (“Azerbaijan”). The Tribunal accepted jurisdiction over part of the dispute but held that those claims were inadmissible because Mr. Bahari had fabricated documents central to his […]
Azerbaijan Arbitration
Azerbaijan’s New Arbitration Law 2024: A Step Towards Modernization
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 […]
