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Commercial Arbitration

S SpA v. T GmbH, Oberster Gerichtshof, Case No. 180Cg1/15v, 23 June 2015

06/06/2017 by Aceris Law LLC

S SpA v. T GmbH, Oberster Gerichtshof

This case, resulting from a partial award rendered in a VIAC commercial arbitration, concerns the formal requirements of the validity of an arbitration agreement under Austrian law. The facts are as follows: a German consultant signed a contract for service with S SpA, an Italian company, for the sale of heat exchangers. This contract was […]

Filed Under: Arbitration Clause, Austria Arbitration, Commercial Arbitration, Germany Arbitration, International Arbitration, Italy Arbitration

MALICORP LIMITED V. THE ARAB REPUBLIC OF EGYPT (ICSID CASE NO. ARB/08/18) – AWARD

02/06/2017 by Aceris Law LLC

Malicorp v Egypt

The dispute between Malicorp Ltd, an English Company, and the Republic of Egypt, arose out of the allegedly illegal termination of a concession contract amounting to a violation of the Bilateral Investment Treaty between the United Kingdom of Great Britain and Northern Ireland and Egypt of 1975 (the “BIT”). In 2000, Malicorp was awarded a […]

Filed Under: Arbitration Clause, Award on Costs, Bilateral Investment Treaty, Commercial Arbitration, Egypt Arbitration, ICSID Arbitration, International Arbitration, United Kingdom Arbitration

THE ENFORCEMENT OF ICSID AWARDS

24/04/2017 by Aceris Law LLC

enforcement of ICSID awards

The recognition and enforcement of ICSID awards is governed by Articles 53, 54 and 55 of the ICSID Convention. A party who seeks enforcement of an ICSID award may do so in any ICSID Contracting State, under the same conditions, and may simultaneously do so in more than one State.[1] The choice of enforcement forum […]

Filed Under: Arbitration Clause, Award on Costs, Commercial Arbitration, Enforcement of Arbitration Awards, ICSID Arbitration, International Arbitration, International Arbitration Institutions

Arbitration in Oman

20/04/2017 by Aceris Law LLC

Arbitration in Oman

Arbitration in Oman is common. It is frequent for parties to include arbitration clauses in their contracts, which is especially the case in energy, purchase, construction and commercial agency agreements. Arbitration is considered to be an efficient and reliable mechanism for dispute resolution in Oman, as arbitral awards may be rendered within 12 months in […]

Filed Under: Commercial Arbitration, International Arbitration, Oman Arbitration, UNCITRAL Arbitration

Choice of Law in International Commercial Arbitration

28/03/2017 by Aceris Law LLC

Choice of Law International Arbitration

One perk of international arbitration is the possibility to avoid choice-of-law complexities that inevitably arise in an international dispute, although choice of law in international commercial arbitration can pose an issue. There are four different choice-of-law issues in international arbitration that arise: Determination of the substantive law applicable to the merits of the case Determination […]

Filed Under: Arbitrator Appointments, Commercial Arbitration, International Arbitration

Arbitraj – procedură specifică, alternativă sau paralelă sistemului instituit de stat

21/02/2017 by Aceris Law LLC

Arbitraj – procedură specifică

Soluționarea litigiilor comerciale pe calea arbitrajului este o procedură specifică, alternativă sau paralelă sistemului instituit de stat. În statele ex-sovietice timp îndelungat soluționarea conflictelor s-a realizat prin decizii ale statutului. După care arbitrajul comercial a fost legiferat și în Republica Moldova pentru litigii din domeniul civil cât și comercial. Globalizarea comerțului internațional, precum și nevoia […]

Filed Under: Commercial Arbitration, International Arbitration, Moldova Arbitration

Kosovo Telecom Arbitration

09/02/2017 by Aceris Law LLC

Kosovo Telecom Arbitration

The largest commercial arbitration in the youngest European State – the Kosovo Telecom arbitration – has come to an end. In a dispute between local mobile operator Dardafone, operating in Kosovo under the trading name Z Mobile, and Telekom Kosovo, at the time known as PTK, an ICC Tribunal seated in London has ordered Dardafone […]

Filed Under: Arbitration Clause, Commercial Arbitration, ICC Arbitration, ICSID Arbitration, International Arbitration, Kosovo Arbitration

ICC Court Reveals Record Number of Arbitration Cases in 2016

03/02/2017 by Aceris Law LLC

Number of Arbitration Cases in 2016

The International Court of Arbitration of the International Chamber of Commerce (ICC) based in Paris announced on 18 January 2017 a record number of arbitration cases in 2016. It indicated that it had administered 966 new cases in 2016, which is the highest number of cases in this institution’s 94-year-old history.[1] In 2015, 17% fewer […]

Filed Under: Arbitration, Commercial Arbitration, ICC Arbitration, International Arbitration

New Arbitration Centre in India

27/01/2017 by Aceris Law LLC

Arbitration Centre in India

A new arbitration centre in India is opening in the Indian city of Gurugram, located just southwest from New Delhi. The initiative for this new arbitration centre came from the Punjab and Harayana High Court. Although due to lengthy administrative procedures and government approvals it might take a few years for it to become operative, […]

Filed Under: Commercial Arbitration, India Arbitration, International Arbitration

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