International arbitration in South Africa has experienced a surge in recent years, especially after the introduction of the International Arbitration Act (IAA) in 2017, making South Africa a real “regional arbitration hub with considerable success.”[1] Historically, arbitration in South Africa was governed by the Arbitration Act 42 of 1965, which primarily dealt with domestic arbitration. […]
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Aceris Law Successfully Resolves International Dispute Concerning Cement Plant
Aceris Law has again secured a favourable outcome for a client following international mediation under the ICC Mediation Rules. The dispute arose from an agreement concerning the operation and maintenance of a cement plant, as well as two related agreements. Although the agreements in question did not provide for ICC mediation in their multi-tiered dispute […]
Aceris Law Triumphs in Another Cryptocurrency-Related Arbitration
Aceris Law is pleased to announce that it has secured another highly favorable outcome for a large Hong Kong-based company in a cryptocurrency-related dispute taking place under the laws of the Seychelles. The ICC arbitration, initiated by Aceris Law in February 2023, concerned a multimillion-dollar transaction for the purchase of cryptocurrency assets. Following a security […]
Aceris Law Wins Arbitration Related to the COVID-19 Pandemic for South Asian State
Aceris Law is pleased to announce that its international arbitration lawyers have successfully won another international arbitration, this time representing a South Asian State organ. It worked with the Office of the Attorney General in prosecuting the matter. The case concerned the breach of a sales agreement concerning the delivery of critical equipment needed to […]
Provisional Measures Through the Lens of the ICJ’s Decision in South Africa v. Israel
Provisional measures are a temporary remedy granted by courts and tribunals in exceptional circumstances. Provisional measures aim to preserve the respective rights of the parties pending the decision of the court or tribunal.[1] While it is generally accepted that provisional measures can be granted in international arbitration, as before the ICJ, the circumstances under which […]
Aceris Law Ranked Among the Best Firms for International Arbitration in 2024
Aceris Law has again been ranked among the best firms for international arbitration, by Leader’s League. Leader’s League is an international media and rating agency that specialises in providing rankings and analysis across various sectors, including legal, financial, and corporate fields. It is well-known for its comprehensive evaluations and rankings of firms and professionals in […]
Aceris Law Defeats ICC Emergency Arbitration Proceedings
Aceris Law has defeated ICC emergency arbitration proceedings brought by a former supplier against its French client. ICC emergency arbitration gives parties an alternative to state courts’ jurisdiction in seeking interim or conservatory relief. Since its introduction in 2012, ICC emergency arbitration has become increasingly used, although not always for the reasons for which it […]
Fixed Deadlines in Arbitration Agreements: Pros and Cons
Arbitration, as an alternative dispute resolution mechanism, has gained broad acceptance due to its flexibility, efficiency, and ability to provide a simplified method for resolving disputes. Time management is crucial to the efficiency of arbitration, as prolonged disputes can result in higher costs and reduce its advantages. The question of whether fixed deadlines in arbitration […]
Navigating LNG Price Arbitrations
The global energy sector is changing significantly as liquefied natural gas (LNG) becomes increasingly important in meeting growing energy demands and addressing environmental concerns. Even before COVID-19, the natural gas markets underwent such rapid evolution that they disrupted established long-term supply contracts, leading to waves of LNG price arbitrations. While LNG price arbitrations may harbour […]
