In February 2024, the International Bar Association (the “IBA”) released the most recent version of the IBA Guidelines on Conflicts of Interest in International Arbitration (the “2024 IBA Guidelines”). The new 2024 IBA Guidelines introduce several notable updates to the previous 2014 version of the Guidelines.[1] Conflicts of interest are important. An undisclosed conflict of […]
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Arbitration in the Maldives
International arbitration in the Maldives is governed by the Maldives Arbitration Act No. 10/2013 (the “Arbitration Act”), whose key features are discussed below. Scope of Application of the Arbitration Act The Arbitration Act applies when the seat of an arbitration is the Maldives (Section 4(a) of the Arbitration Act), except for Section 15 (stay of […]
International Arbitration in South Africa
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. […]
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 […]
