Arbitration in Brazil is governed by Federal Act No. 9.307/1996, amended by the Act No. 13.129/2015 (the “Brazilian Arbitration Act” or “BAA”). Brazil was long seen as the “black sheep” of international arbitration until the ratification of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “New York Convention”) in 2002 and […]
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How to File an ICSID Request for Arbitration
The filing of a Request for Arbitration before the World Bank’s International Centre for Settlement of Investment Dispute (the “Centre” or the “ICSID”) is a crucial and relatively straightforward step. In 2019, the ICSID Secretary-General received 39 requests for arbitration.[1] Almost all arbitration rules, including the ICSID Arbitral Rules,[2] provide that a party wishing to […]
Aceris Law Again Ranked in Legal 500 for International Arbitration
Aceris Law has again been ranked in the Legal 500 in the field of international arbitration, along with a number of other well-known international firms. “It is always a pleasure to see our hard work recognized,” said William Kirtley of Aceris Law. “We have won or settled over a dozen disputes over the past two […]
Coronavirus (COVID-19) and Courts: Moving from Litigation to Arbitration?
The global difficulties caused by the coronavirus (COVID-19), various State measures imposing restrictions on the movement of people, social distancing and complete lockdowns, while necessary to protect health, are inevitably having an impact on litigation in national courts, globally. In certain countries courts have had to limit, or to even entirely close, their operations due […]
Aceris Law Remains Fully Functional Despite the COVID-19 Pandemic
During these difficult times, lawyers are fortunate as compared to many industry sectors. They may continue to work largely unimpacted by the COVID-19 pandemic, as essentially all of their work may be done remotely. While the terrible COVID-19 pandemic continues, it is difficult to travel to many jurisdictions where Aceris Law regularly serves as counsel […]
Virtual Hearings in International Arbitration
The spread of the COVID-19 pandemic and the restrictive measures (travel restrictions, lockdowns, etc.) imposed by many governments have made it impossible for many parties, their counsel, witnesses and arbitrators from different part of the world to attend in-person hearings. Thus, tribunals and parties to ongoing proceedings typically have a choice between adjourning hearings, agreeing […]
Aceris Law Successfully Resolves ICC Arbitration Involving the Cryptocurrency Industry
The international arbitration boutique Aceris Law is pleased to announce that it has successfully resolved another dispute for another client, this time an arbitration concerning the cryptocurrency industry. Cryptocurrency arbitrations remain rare, but are likely to grow over the coming years as blockchain-related technologies become more mainstream. Cryptocurrencies are digital assets that serve as a […]
COVID-19 and Construction Disputes: Claims for Time and Money
The spread of COVID-19, also known as coronavirus, which was declared a global pandemic by the World Health Organization on 11 March 2020, has had a significant, in some cases disastrous, impact on virtually all areas of business globally. The construction industry is no exception. With a number of countries declaring a state of emergency […]
The COVID-19 Pandemic and Investment Arbitration
As the outbreak of the COVID-19 pandemic has already impacted over 150 countries worldwide, it is hard to imagine that investment arbitration will not be impacted. While the future remains uncertain, the response to the COVID-19 pandemic is likely to violate various protections provided in bilateral investment treaties (“BITs”) and may bring rise to claims […]
