As previously announced by Croatian Prime Minister Andrej Plenkovic, Croatia appealed against the arbitral decision of an UNCITRAL arbitral tribunal, dismissing as unfounded Croatia’s claims against Hungarian State-owned company MOL. The case was brought by Croatia against Hungarian company MOL in 2014 pursuant to an arbitration clause in a 2003 shareholder’s agreement governing MOL’s investment […]
News
Aceris Ranked As First-Tier Recommended International Arbitration Firm By The Leaders League Intelligence Unit
Aceris Law has been ranked as a first-tier, recommended international arbitration firm by the Leader’s League Intelligence Report for 2017. The rankings of recommended international arbitration firms are shown below. Aceris Law was similarly ranked as a recommended international arbitration firm in 2015-2016, and it was highly-regarded prior to spinning off from DK AARPI. The Leader’s […]
Limits to the Police Powers Doctrine
According to the police powers doctrine, host States may enforce their laws against the foreign investors without being liable of any wrongdoing. For example, a host State may revoke a concession granted to an investor if the latter does not comply with laws of the former. The tribunal in Quiborax v. Bolivia agreed with the […]
Choice of Law in International Commercial Arbitration
One perk of international arbitration is the possibility to avoid choice-of-law complexities that inevitably arise in an international dispute, although choice of law in international commercial arbitration can pose an issue. There are four different choice-of-law issues in international arbitration that arise: Determination of the substantive law applicable to the merits of the case Determination […]
Hrvatska osporava arbitražnu odluku UNCITRAL Tribunala u slučaju MOL
Kao što je to prethodno bilo i najavljeno od strane hrvatskog premijera Andreje Plenkovića, Hrvatska je odlučila da pokuša da ospori i poništi arbitražnu odluku koju je doneo UNCITRAL Tribunal u decembru prošle godine, kojom se hrvatske optužbe vezane za korupciju odbacuju kao neosnovane. Hrvatska je pokrenula arbitražni postupak još 2014. godine prema UNCITRAL pravilima […]
Άρειος Πάγος και Διεθνής Διαιτησία
Στην απόφασή του αυτή ο Άρειος Πάγος εξέτασε κατά πόσο το Εφετείο είχε ασκήσει ορθά την αρμοδιότητά του, όταν ακύρωσε διαιτητική απόφαση διεθνούς διαιτησίας του Διεθνούς Εμπορικού Επιμελητηρίου για λόγους αντίθεσής της προς τη διεθνή δημόσια τάξη. Σε Διεθνή Διαιτησία του Διεθνούς Εμπορικού Επιμελητηρίου το Ελληνικό Δημόσιο καταδικάστηκε σε αποζημίωση της αντισυμβαλλόμενης Εταιρίας, λόγω ανώμαλης […]
Valeri Belokon v. Kyrgyz Republic – Money Laundering in Investment Arbitration
On 14 October 2014, an UNCITRAL arbitral tribunal in the case Valeri Belokon v. Kyrgyz Republic, whose composition included Kaj Hober, Niels Schiersing and Jan Paulsson as President, found Kyrgyzstan liable for the unlawful expropriation of Claimant’s investment. The investment claim had been brought in 2011 by Valeri Belokon, a Latvian investor, against the Kyrgyz […]
Validity of Appellate Arbitration Clauses
The validity of appellate arbitration clauses has been upheld in India. In some arbitration clauses, parties may elect to resort to appellate arbitration clauses that provide for an appellate mechanism with respect to an award in order to correct errors. While prolonging the duration of arbitration, these clauses are sometimes desired as arbitral awards cannot […]
Arbitraj – procedură specifică, alternativă sau paralelă sistemului instituit de stat
Soluționarea litigiilor comerciale pe calea arbitrajului este o procedură specifică, alternativă sau paralelă sistemului instituit de stat. În statele ex-sovietice timp îndelungat soluționarea conflictelor s-a realizat prin decizii ale statutului. După care arbitrajul comercial a fost legiferat și în Republica Moldova pentru litigii din domeniul civil cât și comercial. Globalizarea comerțului internațional, precum și nevoia […]
