International Arbitration in Kazakhstan is governed by the Law on Arbitration (Law No. 488-V) dated 8 April 2016 (the “Law on Arbitration”). The Law on Arbitration was amended twice since its entrance into force on 19 April 2016, the first time in March 2017 (Article 9.5) and the second time in January 2019, when significant […]
News
Denial of Justice in International Arbitration
Denial of justice in international arbitration concerns acts or omissions of a State’s judiciary for which a State may be internationally liable. Although the judiciary is a functionally independent body from a State’s executive and government, it is still a State’s organ. As a result, States may be held internationally liable for the acts and […]
Стокгольмский Арбитражный Суд
Арбитражный институт Торговой палаты Стокгольма (“ТПС“) шикорого известный как Стокгольмский арбитраж является арбитражный судом для решения международных споров гражданско-правового характера. С момента его основания в 1917 году, ТПС стал лидирующим центром для решения международных споров и уже более 50 лет является самостоятельным подразделением Торговой палаты Стокгольма. A. Причины обращения в ТПС В ТПС эффективно решаются […]
What Do Arbitration Lawyers Do?
It is rather common for international contracts to contain an arbitration clause providing for the institution of arbitration proceedings to resolve disputes between parties.[1] Although parties are not typically required to use lawyers in arbitrations, it is highly recommended for all but the smallest cases.[2] But, in reality, what do arbitration lawyers do? In the […]
Aceris Law Secures Award of Lost Profits for Austrian Company in LCIA Arbitration with Seat in London
Aceris Law is pleased to announce that another of its well-deserving clients has secured a large award in its favour, this time in an LCIA arbitration with its seat in London. The dispute concerned the supply of technological products to be ultimately used for the benefit of an East African State. Aceris Law’s client was […]
Who Can Be an Arbitrator in International Arbitration?
In the not-too-distant past, there were only a few individuals acting regularly as arbitrators in international arbitration. Similarly, law firms engaged in international arbitration could be counted on the fingers of one hand. Unsurprisingly, there were a very small number of individuals, generally well-connected, who were called upon to act as arbitrators. This trend, however, […]
Aceris Law Resolves Dispute Subject to LMAA Terms in Client’s Favour
Aceris Law is pleased to announce that it has successfully resolved a dispute subject to the LMAA Terms under English law involving several substantive issues, including wrongful termination, repudiatory breach, and the proper measure of damages. The dispute concerned a contract for the sale of raw materials in the carbon fuels industry from the United […]
Aceris Law Successfully Resolves Dispute following Dispute Adjudication Board (DAB) Proceedings for East European State Entity
Aceris Law is pleased to announce that it has secured the targeted outcome representing a respondent East European State Entity in Dispute Adjudication Board (DAB) proceedings followed by negotiations. The DAB proceedings concerned a World Bank-financed project to construct an overhead transmission line that was plagued by numerous problems, including landslides and inadequate protective works. […]
Limitation Periods for Enforcement of Foreign Arbitration Awards
One of the primary advantages of international arbitration as compared to litigation is the enforceability of arbitration awards internationally. However, the period in which international arbitration awards must be enforced internationally varies drastically depending on the place of enforcement. In the table below (Section IV), we provide a quick reference guide, summarizing the limitation periods […]
