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FIDIC Dispute Resolution Mechanism

01/02/2022 by Aceris Law LLC

In December 2017, the Fédération Internationale Des Ingénieurs-Conseils, more commonly known as FIDIC, released a revised version of the FIDIC Conditions of Contract (Second edition)(the “2017 FIDIC Contracts”),[1] introducing some notable changes to the dispute resolution mechanism in comparison to the well-worn 1999 edition.[2] The 2017 FIDIC Contracts maintain the already well known multi-tiered approach […]

Filed Under: Construction Arbitration, ICC Arbitration

International Arbitration in Jordan

23/01/2022 by Aceris Law LLC

Jordan arbitration law

International arbitration in the Hashemite Kingdom of Jordan (“Jordan”) is governed by Law No. 31 of 2001 (the “Arbitration Law”). The Jordanian Arbitration Law has been amended several times since its entrance into force on 16 July 2001. The Jordanian Arbitration Law is largely based on the Egyptian Arbitration Act No. 27 of 1994 (“Egyptian […]

Filed Under: Jordan Arbitration, UNCITRAL Model Law

Fair and Equitable Treatment in Investment Arbitration

23/01/2022 by Aceris Law LLC

Fair and equitable treatment

Fair and equitable treatment is a prominent standard of protection in investment arbitration disputes, which is present in most bilateral investment treaties (“BITs”).[1] The standard has evolved in post-World War II treaties. The 1948 Havana Charter for an International Trade Organization is said to be the first treaty to include “just and equitable treatment” for […]

Filed Under: ICSID Arbitration, Investment Arbitration

Approach to Determining Law of the Arbitration Agreement Further Confirmed by UK Supreme Court

08/01/2022 by Aceris Law LLC

Law of arbitration agreement

In Enka Insaat Ve Sanayi AS v OOO Insurance Company Chubb, the question of which law governed the validity and scope of an arbitration agreement arose before any arbitration had taken place. Then, in the UK Supreme Court judgment of Kabab-Ji SAL (Lebanon) v Kout Food Group (Kuwait) given on 17 October 2021, a similar […]

Filed Under: England Arbitration

An Introduction to the ASA Arbitration Toolbox

03/01/2022 by Aceris Law LLC

ASA Arbitration Toolbox Tools

In June 2021, the Swiss Arbitration Association (“ASA”) published the ASA Arbitration Toolbox, a free, interactive platform that guides users through the various steps of an international commercial arbitration via the help of questionnaires, diagrams, practical tips, as well as downloadable sample documents. The ASA Arbitration Toolbox is available online here. In order to access […]

Filed Under: Switzerland Arbitration

2021 International Arbitration Survey – Adapting Arbitration to a Changing World

27/12/2021 by Aceris Law LLC

Best Arbitral Institutions

The twelfth empirical study of the School of International Arbitration, Queen Mary University of London, in partnership with White & Case LLP, the 2021 International Arbitration Survey (“International Arbitration Survey”), explores recent trends in international arbitration and especially how international arbitration practice has adapted and continues to adapt to the global changes wrought by the […]

Filed Under: ICC Arbitration, SIAC Arbitration

Escalation Clauses in International Arbitration: The English Approach

21/12/2021 by Aceris Law LLC

Escalation in international arbitration

Escalation clauses (or multi-tier dispute resolution clauses) are commonly found in commercial contracts. These clauses may spell out different preconditions and procedures when seeking to resolve disputes.[1] Typically, the parties are required to attempt, within a specific time period, an amicable settlement or to enter into negotiations in order to avoid arbitration or litigation. Sometimes […]

Filed Under: England Arbitration, United Kingdom Arbitration

Moral Damages in Investment Arbitration

12/12/2021 by Aceris Law LLC

Moral Damages Investment Arbitration

Under public international law, the right to claim moral damages is enshrined in Article 31(2) of the Articles on Responsibility of States for Internationally Wrongful Acts pursuant to which the obligation of a State to make full reparation for the injury by the internationally wrongful act includes “any damage, whether material or moral”. The commentary […]

Filed Under: ICSID Arbitration, Investment Arbitration

Res Judicata in International Arbitration

26/11/2021 by Aceris Law LLC

Res Judicata International Arbitration

Res judicata implies that a previous and final judgment is conclusive in subsequent proceedings involving the same (i) parties, (ii) subject matter and (iii) legal grounds, which is also referred to as the “triple-identity criteria”.[1] The principle of res judicata is a general principle of law known both to international law and local law.[2] Like […]

Filed Under: International Arbitration

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