This note provides an overview of Montenegro’s arbitration framework, exploring its legal basis, procedural aspects, and advantages. Background As a former federal republic of the ex-Yugoslavia, Montenegro was part of its legal framework. Yugoslavia founded the Foreign Trade Arbitration in Belgrade in 1947.[1] Although arbitration was first reserved only for disputes with foreigners, the system […]
News
Managing Sanctions in International Arbitration
Sanctions are economic and political measures used to restrict the actions of states, groups, or individuals, imposed either unilaterally or collectively. The UN Security Council, under the UN Charter, has the authority to impose sanctions to maintain international peace. The first such sanctions regime was established in 1968 in response to the power seizure in […]
Counsel Ethics in International Arbitration
In contrast to domestic judicial settings, where counsel adhere to a single set of clearly defined rules governing acceptable ethical conduct, for counsel in international arbitration, the situation is less straightforward. The conduct of party representatives in international arbitration may be governed by a variety of diverse and potentially conflicting rules and norms, and it […]
2024 HKIAC Administered Arbitration Rules
The Hong Kong International Arbitration Center (HKIAC) has launched an updated set of Administered Arbitration Rules (the “HKIAC Updated Rules”), effective as of 1 June 2024.[1] They will thus apply to arbitrations commenced from 1 June 2024 unless otherwise agreed by the parties.[2] The new Rules are available in English and Chinese (a simplified Chinese […]
Reaching for the Stars: Arbitration of Space-Related Disputes
As humanity’s reach extends beyond our atmosphere and into the cosmos, the complexities of space law and governance are evolving at a rapid pace. With the commercial space industry booming, and international collaborations on the rise, the potential for disputes in outer space, and thus the potential for space-related arbitrations, is higher than ever. This […]
International Arbitration in the Netherlands
The 2015 Dutch Arbitration Act (the “Dutch Arbitration Act”) governs international arbitration in the Netherlands (please find the original in Dutch, as well as an unofficial English translation). The Dutch Arbitration Act amended Book Four of the Dutch Code of Civil Procedure (“DCCP”) (an English version of Book Four of the DCCP is available here), […]
Aceris Law Proudly Co-Sponsors Dutch Arbitration Day 2024
Dutch Arbitration Day is recognised for its role as a platform for fostering dialogue and innovation in arbitration. This year’s event promises to be no exception, with a compelling agenda that includes keynote speeches, panel discussions, and interactive sessions addressing the most pressing issues in the field. As a sponsor, Aceris Law is thrilled to […]
International Arbitration in Morocco
Over the past decades, Morocco has been committed to enhancing its appeal as an arbitration-friendly jurisdiction. Significant reforms have been introduced to its arbitration regime by Law No. 95-17 on Arbitration and Conventional Mediation (“Law No. 95-17” or “New Law”). An unofficial translation of Law No. 95-17 may be found here. New concepts, such as […]
Arbitration in Finland – 2024 FAI Arbitration Rules
On 14 December 2023, the Arbitration Institute of the Finland Chamber of Commerce (the “Institute”) announced[1] the revised Arbitration Rules of the Finland Chamber of Commerce, which came into force on 1 January 2024 (the “2024 FAI Arbitration Rules”). As of 18 March 2024, the Institute also appointed a new Secretary General, Mr. Henrik Sajakorpi.[2] […]
