On 10 January 2017 the Singapore Parliament passed the Civil law Bill (Bill No. 38/2016) legalizing third party funding in international arbitration and related proceedings in Singapore. The Bill entered into force on 1 March 2017 and is one of the first statutes in the world specifically adopted in relation to third party funding. Third […]
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International Arbitration at the Kuala Lumpur Regional Centre for Arbitration
The Kuala Lumpur Regional Centre for Arbitration (KLRCA) was launched in 1978 by the Asian African Legal Consultative Organization. While the Hong Kong International Arbitration Center, the China International Economic and Trade Arbitration Commission and the Singapore International Arbitration Centre constitute the main arbitral institutions in the region, institutions such as the Kuala Lumpur Regional […]
Arctic Sunrise Arbitration (PCA case 2014-02) – Russia to pay €5.4 million in damages
On 10 July 2017, a PCA Arbitral Tribunal seated in The Hague rendered its award on compensation in another politically sensitive arbitration between Russia and the Netherlands (also known as the “Arctic Sunrise Arbitration”). The PCA Tribunal ordered Russia to pay €5.4 million in damages to the Netherlands for the capture and detention of a […]
Ljubljana Arbitration Centre at the Slovenian Chamber of Commerce and Industry
The Ljubljana Arbitration Centre (LAC) is a body organised within the Slovenian Chamber of Commerce and Industry and is the central arbitration institution in Slovenia. The LAC is an autonomous and independent administrative body that provides a wide range of dispute resolution services, most notably arbitration, mediation and conciliation.[1] The LAC has a long-standing tradition […]
Transparency in Investment Arbitration
Transparency in Investment Arbitration: Entry into Force of the Mauritius Convention On 18 April 2017, Switzerland became the third UN Member State to ratify the 2015 United Nations Convention on Transparency in Treaty-Based Investor-State Arbitration (“The Mauritius Convention”). The Mauritius Convention reaffirmed the 2014 UNCITRAL Rules on Transparency in Treaty-based Investor-State Arbitration (UNCITRAL Rules) and […]
Mednarodna arbitraža: Slovenija dobila dostop do odprtega morja?
Mednarodna arbitraža. Senat Stalnega arbitražna sodišča (SAS) v Haagu je pod predsedstvom Gilberta Guillauma v Haagu je 29. junija 2017 razglasil težko pričakovano končno razsodbo v mejnem sporu med Slovenijo in Hrvaško. Arbitražni postopek je potekal na podlagi arbitražnega sporazuma, ki sta ga Slovenija in Hrvaška podpisali 4. novembra 2009. Arbitri so soglasno določili kopensko in […]
Final Award in PCA Arbitration Between Slovenia and Croatia
The long-awaited Final Award regarding the PCA arbitration between Slovenia and Croatia has finally been issued. It was rendered on 29 June 2017, ruling upon the border dispute between the Republic of Slovenia and the Republic of Croatia. The Arbitral Tribunal, presided by Judge Gilbert Guillaume, rendered its Final Award on the basis of an […]
Enforcement of Arbitration Awards in France
The annulment of an arbitration award by a foreign jurisdiction is not a ground for refusing the enforcement of arbitration awards in France. The constant position of the French courts on the enforcement of foreign arbitration awards has been recalled by the Tribunal de Grande Instance d’Every in a decision of 10 February 2017, reproduced […]
Arbitration in Brazil
Arbitration in Brazil has developed significantly over recent decades. The latest ICC statistical report for the year 2016 shows an increasing number of Brazilian parties using arbitration, with 123 Brazilian parties compared to 112 in 2014, placing Brazil in 3rd place in party-rankings worldwide. Brazil is today described as having a pro-arbitration legal regime and […]
