Arbitration in Serbia is governed primarily by the Arbitration Act of 2006, based on the UNCITRAL Model Law (1985). This framework provides a structured yet flexible approach to resolving disputes outside of traditional court systems. It adheres to the principles of autonomy, fairness, and neutrality while providing a swift and cost-effective dispute resolution mechanism. Legal Framework […]
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Assignment in Investment Arbitration
The assignment of arbitration agreements has been the subject of multiple rulings by domestic courts of various countries. This body of case law, with its own principles, is not directly applicable to assignment in investment arbitration. Assignment is the transfer of rights, property or other benefits from an assignor to an assignee. In investment arbitration, […]
Revised 2024 LAMC Arbitration Rules: Key Updates
The Lebanese Arbitration and Mediation Center (the “LAMC”) of the Beirut and Mount Lebanon Chamber of Commerce, Industry and Agriculture is an arbitral institution located in Beirut, Lebanon, “that provides administration and monitoring services for arbitration and mediation proceedings in Lebanon. It caters [to] the local and international business communities, private and public institutions and […]
The Revised 2025 SIAC Arbitration Rules
On 9 December 2024, the Singapore International Arbitration Centre published the 7th edition of its arbitration rules (the “2025 SIAC Arbitration Rules”), thus amending the previous 2016 version of the rules. The new 2025 SIAC Arbitration Rules comprise ten sections with 65 Rules, and contain three specific schedules: Section I – Introductory Rules (Rule 1 […]
International Arbitration and the Republic of Guinea
International arbitration plays a significant role in the resolution of cross-border disputes involving the Republic of Guinea, particularly in sectors such as mining and energy, which are vital to the nation’s economy,[1] and which have attracted major international investors. The mining sector in the Republic of Guinea revolves principally around bauxite, iron ore and gold […]
Arbitration and Long-Term Contracts
The importance of long-term contracts in various industries has grown significantly. These agreements feature an extended duration, exhibit complexity, and establish interconnected reliance between the parties. Long-term contracts often govern relationships in sectors such as mining, telecommunications, and oil and gas, where cooperation over a prolonged period is essential. Given the extended nature of these […]
Frivolous Claims in Arbitration: ICSID Rule 41(5) and Rule 41
If a Claimant submits a request for arbitration to the International Centre for Settlement of Investment Disputes (ICSID), according to Article 36(3) of the ICSID Convention, its request will be registered, and the case will proceed unless the Secretary-General finds, on the basis of the information contained in the request, that the dispute is manifestly […]
Taxation of International Arbitration Awards
The taxation of damages in international arbitration awards should be a significant consideration for any party embroiled in an arbitrable dispute. According to Keller and Leikin, the average tax liability in cases heard before tribunals established under the International Convention for Settlement of Investment Disputes (the “ICSID”) is an eye-watering USD 16-38.5 million.[1] Nevertheless, the […]
William Kirtley Recognized Again by Lexology Index for Excellence in Arbitration
Aceris Law is pleased to announce that William Kirtley has once again been recognized by the Lexology Index (formerly Who’s Who Legal) in the field of arbitration. This honour reaffirms his reputation as a leading practitioner in international arbitration, celebrated for his expertise, innovative approach, and unwavering commitment to excellence. According to the publication: Lexology […]
