Israel Arbitration

On 12 February 2024, the Israeli Knesset adopted the long-awaited 2024 International Commercial Arbitration Law (the “New Arbitration Law”). Before the reform, arbitration in Israel was governed by the 1968 Arbitration Law. The main objective of the New Arbitration Law is to adapt Israel’s arbitration regime to international standards. As stated in Section 2(e)(1), in […]