The Hong Kong International Arbitration Center (HKIAC) has launched an updated set of Administered Arbitration Rules (the “HKIAC Updated Rules”), effective as of 1 June 2024.[1] They will thus apply to arbitrations commenced from 1 June 2024 unless otherwise agreed by the parties.[2] The new Rules are available in English and Chinese (a simplified Chinese […]
News
Reaching for the Stars: Arbitration of Space-Related Disputes
As humanity’s reach extends beyond our atmosphere and into the cosmos, the complexities of space law and governance are evolving at a rapid pace. With the commercial space industry booming, and international collaborations on the rise, the potential for disputes in outer space, and thus the potential for space-related arbitrations, is higher than ever. This […]
International Arbitration in the Netherlands
The 2015 Dutch Arbitration Act (the “Dutch Arbitration Act”) governs international arbitration in the Netherlands (please find the original in Dutch, as well as an unofficial English translation). The Dutch Arbitration Act amended Book Four of the Dutch Code of Civil Procedure (“DCCP”) (an English version of Book Four of the DCCP is available here), […]
Aceris Law Proudly Co-Sponsors Dutch Arbitration Day 2024
Dutch Arbitration Day is recognised for its role as a platform for fostering dialogue and innovation in arbitration. This year’s event promises to be no exception, with a compelling agenda that includes keynote speeches, panel discussions, and interactive sessions addressing the most pressing issues in the field. As a sponsor, Aceris Law is thrilled to […]
International Arbitration in Morocco
Over the past decades, Morocco has been committed to enhancing its appeal as an arbitration-friendly jurisdiction. Significant reforms have been introduced to its arbitration regime by Law No. 95-17 on Arbitration and Conventional Mediation (“Law No. 95-17” or “New Law”). An unofficial translation of Law No. 95-17 may be found here. New concepts, such as […]
Arbitration in Finland – 2024 FAI Arbitration Rules
On 14 December 2023, the Arbitration Institute of the Finland Chamber of Commerce (the “Institute”) announced[1] the revised Arbitration Rules of the Finland Chamber of Commerce, which came into force on 1 January 2024 (the “2024 FAI Arbitration Rules”). As of 18 March 2024, the Institute also appointed a new Secretary General, Mr. Henrik Sajakorpi.[2] […]
Context in Treaty Interpretation
When addressing context in treaty interpretation, the primary point of reference is the Vienna Convention on the Law of Treaties (the “Vienna Convention”). The Vienna Convention was adopted on 23 May 1969 by the United Nations.[1] It entered into force for the original parties on 27 January 1980.[2] The Vienna Convention constitutes one of the most […]
Arbitration in Poland
Arbitration in Poland has developed considerably over the years. Currently, the key place of arbitration is Warsaw, which hosts the most reputable arbitration institutions, including the Court of Arbitration at the Polish Chamber of Commerce. The majority of cases concern commercial disputes, including post-M&A, construction, and lease-related disputes.[1] Arbitration in Poland is governed by Part […]
The Drawbacks of Third-Party Funding for Arbitration
Third-party funding has obtained a significant role in international arbitration by providing financial support to parties who may not have the means to pursue or defend a claim otherwise.[1] It can be a godsend to claimants who might otherwise be unable to enforce their rights. While the advantages of third-party funding are frequently emphasized, it […]
