The 1975 Inter-American Convention on International Commercial Arbitration, also known as the “Panama Convention“, is a significant multilateral agreement of which not all in the arbitration community are aware. The Convention was open to signature by all 35 Members of the Organization of American States (OAS) and entered into force on 16 June 1976. This […]
Commercial Arbitration
Duty to Disclose Third Party Funding in International Arbitration
Is there a duty to disclose third party funding in international arbitration? In the resolution of disputes through international arbitration, whether it involves cases of Investment or Commercial Arbitration, parties increasingly resort to so-called “third party funding” (“TPF”). TPF provides prospective parties to a dispute with the ability to request financing from other entities to […]
Successful Challenge of Arbitration Award before the French Conseil d’Etat
On 9 November 2016, following the challenge of an arbitration award before the French Conseil d’Etat, France’s highest administrative court, the administrative court rendered an interesting new decision on the issue of its power to review an international arbitration award in the context of a public contract. This decision arises out of an ICC award […]
Joint Venture Arbitrations
Joint venture arbitrations are common. Joint ventures are frequently international in nature, involving partners from different countries operating in various continents and involving multiple laws and jurisdictions. This led to a rising need for joint venture disputes to be resolved in a more neutral setting than before national State courts of just one party. Arbitration, […]
Bucharest International Arbitration Court
On 2 November 2016, the American Chamber of Commerce in Bucharest launched a new centre in Bucharest, called the Bucharest International Arbitration Court (“BIAC”), presided by Annet van Hooft, the Paris-based co-head of Bird & Bird’s international dispute resolution group. The Bucharest International Arbitration Court is an independent arbitration court gathering 60 local and foreign […]
Commercial Arbitration in Saudi Arabia: Saudi Center for Commercial Arbitration
The Kingdom of Saudi Arabia, the largest economy in the Arabian Gulf, has seen significant positive developments for commercial arbitration in Saudi Arabia over the past few years. We previously reported on the New Saudi Arbitration Regulations passed in 2012. However, another important development was the opening of the Saudi Center for Commercial Arbitration (SCCA)[1], […]
Aceris Law SARL’s Diverse Clients
Aceris Law LLC has a diverse set of clients thanks to its lawyers’ flexibility, their language skills, their multicultural backgrounds and Aceris’ heavy reliance on modern technology. Since we provide legal representation only for international disputes, Aceris Law LLC has been designed from the ground-up with only this in mind. While we maintain permanent access to offices in 120 […]
New Russian Arbitration Law
A new Russian arbitration law has entered into force. On 29 December 2015, Russia signed the Law on Domestic Arbitration in the Russian Federation (“DCA Law”) with the Law on amendments coming into effect on 1 September 2016. It replaces the Law of the Russian Federation No. 5338-1 on International Commercial Arbitration of 7 July 1993, […]
Multiparty Arbitrations under the 2014 LCIA Rules
The last decade has seen a rising number of arbitrations involving two or more parties. So-called complex and multi-party arbitrations raise numerous practical issues in international arbitration, involving but not limited to the questions of who are the parties to an arbitration agreement, the possibilities of an “extension” of an arbitration agreement, the joinder of a third party, the consolidation of […]
