Aceris Law is pleased to announce that it has resolved another dispute for a well-deserving client, this time a DIAC arbitration with its seat at the DIFC. The dispute involved the breach of a sale and purchase agreement for fuel products. The Respondent was represented by the local office of a major London-based corporate firm. […]
News
Use of Demonstrative Exhibits in International Arbitration
Having their origins in US litigation,[1] demonstrative exhibits have found their place in international arbitration, namely in fact-intensive arbitrations, such as construction arbitrations. Black’s Law Dictionary defines the term “demonstrative evidence” as “[p]hysical evidence that one can see and inspect (such as a model or photograph) and that, while of probative value and usually offered […]
Reform of the 1996 English Arbitration Act
On 6 September 2023, the Law Commission of England and Wales (the “Law Commission”) published its long-anticipated Final Report on the Reform of the 1996 English Arbitration Act (“Final Report”), along with a helpful summary of its Final Report. Procedural History In March 2021, the Law Commission was tasked by the Ministry of Justice to determine […]
Enforcement of Investment Arbitration Awards
International investment arbitration has emerged as a vital component of international business law, offering a specialised mechanism for resolving disputes between foreign investors and host States of investment. The enforcement of investment arbitration awards is one of the most critical aspects of the dispute resolution process. Unless the decisions reached were legally binding and effectively […]
Summary Procedures in International Arbitration
Summary procedures in international arbitration mean procedures by which the arbitral tribunal determines certain points of fact or law at an early stage of the proceedings, potentially dispensing with the need for further arbitration proceedings. Summary proceedings can be a blessing to a respondent facing frivolous claims that obviously lack merit, as a successful dismissal […]
Aceris Law Successfully Resolves LCAM Arbitration Under Saudi Arabian Law
Aceris Law is pleased to have successfully resolved another international construction arbitration for a well-deserving client. In the world of international construction arbitration, achieving resolution demands proficiency, understanding, and an expert grip on legal intricacies. Aceris Law, prominent for its expertise in such matters, has once again demonstrated its prowess by successfully resolving another arbitration […]
Expedited Arbitration
Expedited arbitration (or fast-track arbitration) has gained traction in recent years, in response to the length and cost of traditional international arbitration. The first expedited arbitration scheme appears to have been introduced in the 1992 Arbitration Rules of the Geneva Chamber of Commerce and Industry Arbitration Rules (“CCIG”).[1] Today, most leading arbitral institutions have adopted specific […]
The Case Against the Bifurcation of Arbitration Proceedings
Despite the common use of bifurcation in arbitration proceedings, there are many arguments against the bifurcation of most arbitral proceedings. Bifurcation refers to the separation of issues, typically dividing the proceedings into jurisdictional or procedural phases and the merits phase, or merits and quantum phases, allowing the arbitral tribunal to address and decide on specific […]
Free Transfer Principle in Investment Arbitration
Among the principles ensuring the protection of foreign investments, bilateral investment treaties (“BITs”) typically include the free transfer principle regarding the transfer of funds/returns of the investments into and out of the host State of investment. One of the primary objectives of BITs is to provide a stable and predictable legal framework that boosts the […]
