2017 | Enero 17 Through a recent amendment to Article 257 of the UAE Penal Code, any arbitrators, experts, or translators who issue biased decisions or opinions in UAE arbitration proceedings may now be subject to criminal liability. The new law has led to widespread concern and uncertainty in the international arbitration community. Sigue leyendo →
2017 | Enero 15 Introduction of ‘Commercial Mediation’ will offer Sri Lanka’s business community an optional dispute resolution mechanism in addition to litigation and Arbitration, both of which are riddled with delay and expense. Sigue leyendo →
2017 | Enero 12 The Emirates Maritime Arbitration Centre (EMAC) has signed a Memorandum of Understanding (MoU) with Dubai International Arbitration Centre (DIAC). Key to the framework of the agreement is knowledge sharing and cooperation on resolving commercial disputes in the UAE and abroad. Sigue leyendo →
2017 | Enero 10 Parliament on Tuesday (Jan 10) passed into law two bills – the Civil Law Amendment Bill and the Mediation Bill – to bolster Singapore’s position as a dispute resolution hub.
The former allows third-party funding to finance international commercial arbitration, while the latter beefs up enforcement of mediated settlements to support international commercial mediation. Sigue leyendo →
2017 | Enero 8 The changes made in 2015 to the Arbitration Act, under which there is no automatic stay on an award being challenged, would not apply if they affect enforceability of an award in proceedings which commenced before the amendment came into effect on October 23, 2015, the Delhi High Court has said. Sigue leyendo →
2016 | Diciembre 30 The Singapore International Arbitration Centre (SIAC) is pleased to announce the official release of the first edition of the Investment Arbitration Rules of the Singapore International Arbitration Centre (1st Edition, 1 January 2017) (SIAC IA Rules 2017), a specialised set of rules to address the unique issues present in the conduct of international investment arbitration. The SIAC IA Rules 2017 will be available on the SIAC website from 31 December 2016, and will come into effect on 1 January 2017. Sigue leyendo →
2016 | Diciembre 28
A dispute between a European group and its partner in Thailand about arbitration rulings is raising doubts about investor safeguards in Asian countries where such awards are being challenged. Sigue leyendo →
2016 | Diciembre 16
In a landmark judgment accepting the concept of ‘two tier arbitration’ or ‘second instance arbitration’, a three judge bench of the Supreme Court comprising of Justices Madan B. Lokur, R.K Agrawal and D.Y Chandrachud answering a reference made in 2006 due to divergence of opinions between Justice S.B.Sinha and Tarun Chatterjee, held that arbitration clauses which provide for a two- step arbitration process are valid under Indian arbitral jurisprudence. Sigue leyendo →
2016 | Diciembre 5 The Singapore International Arbitration Centre (SIAC) is pleased to announce the appointment of Mr Davinder Singh, SC, as the new Chairman of its Board of Directors with effect from 16 December 2016. Sigue leyendo →
2016 | Diciembre 13
TPF has traditionally assisted parties with the costs of litigation and arbitration where they would not otherwise have had the resources to protect their rights under a contract.
That paradigm is changing: users of TPF now include parties with significant means who view TPF as a financing tool or, in some circumstances, as an opportunity to bring on board a party with substantial expertise in the tracing and recovery of assets, thereby adding value to the litigation or arbitration process. Sigue leyendo →
2016 | Diciembre 8 A new report has found that corporations have launched 50 lawsuits, worth at least $US31 billion, using secret international arbitration tribunals against 11 countries in the Asian region.
The countries affected are currently negotiating the Regional Comprehensive Economic Partnership (RCEP) agreement. Sigue leyendo →
2016 | Noviembre 30
The Singapore High Court in Dyna-Jet Pte Ltd v Wilson Taylor Asia Pacific Pte Ltd  SGHC 238 recently confirmed that a dispute-resolution agreement constituted a valid arbitration agreement, even if it only granted one party the right to elect to arbitrate a dispute. Sigue leyendo →
2016 | Noviembre 24 Bangladesh International Arbitration Centre or BIAC yesterday teamed up with the Hague-based Permanent Court of Arbitration to promote mutual assistance and sharing of expertise. Muhammad A (Rumee) Ali, chief executive of BIAC, and Hugo H Siblesz, secretary general of PCA, signed an agreement in this regard. Sigue leyendo →
2016 | Noviembre 1 The grassroots women’s federation in the county of Changxing, near the city of Huzhou in east China’s Zhejiang Province, managed to resolve 3,464 cases last year to assist the county residents experiencing crisis in marriage. Sigue leyendo →
2016 | Octubre 25 The idea behind a Brics-centric dispute resolution mechanism stems from challenges faced frequently by developing countries in existing international arbitration frameworks. Arguably, the current international framework, particularly in investment treaty arbitrations, is extremely unfavourable for developing countries. There is inequitable representation of arbitrators from developing countries on such panels, resulting in a level of obliviousness regarding the socio-economic conditions prevailing in developing nations. This often leads to adverse economic ramifications of arbitral awards for these countries. Sigue leyendo →
2016 | Octubre 17 Hong Kong Vision Project says we need more arbitration bodies based in Hong Kong, an international building or complex, a designated court to deal with Belt and Road projects, an increase in the number of dispute resolution practitioners, a longer list of arbitrators and mediators drawn from overseas, a database of the 65 Belt and Road countries’ local laws to develop transnational laws applicable to projects, revision of our Arbitration Ordinance, the introduction of third party funding and Sharia law compliance. Sigue leyendo →
2016 | Octubre 12
On 10 October, the Singapore International Arbitration Centre (SIAC) published its study on the average cost and duration of 98 arbitrations filed under the SIAC Rules in which a final award was issued between 1 April 2013 and 31 July 2016. Sigue leyendo →
2016 | Octubre 12
The Sharjah International Commercial Arbitration Centre (Tahkeem) is preparing to launch three new online services during its participation in GITEX Technology Week, which will take place at Dubai World Trade Centre from October 16 to 20. Sigue leyendo →
2016 | Octubre 5 Pakistan’s criminal justice system — from police to prosecution, courts and judges — is being overhauled under the National Action Plan (NAP) for which the prime minister’s national security adviser and attorney general are closely working to finalise the reforms package. Sigue leyendo →
2016 | Septiembre 29 China will develop uniform standards and improve its legal environment to build itselfinto an internationally recognized and influential arbitration center, said the president of the nation’s Supreme People’s Court. Sigue leyendo →
2016 | Septiembre 27
The Mumbai Centre for International Arbitration— to be opened on 8 October—can act as an alternative for dispute resolution to existing facilities in Singapore, Hong Kong and London, experts say.
Singapore, London and Hong Kong have been the preferred destinations for commercial arbitration for Indian parties. Sigue leyendo →
2016 | Septiembre 24 Emirates Maritime Arbitration Centre (Emac), a first-of-its-kind entity in the Middle East and North Africa (Mena) region, has started operations from its new office at Dubai International Financial Centre (DIFC). Sigue leyendo →
2016 | Septiembre 23 Singapore: Almost 80 sets of neighbours went all the way to the court to settle their squabbles, in the first 10 months since the State Courts established tribunals to resolve such disputes.
Of the 79 cases seen by the Community Disputes Resolution Tribunals (CDRT) from October 2015 to July 31 this year, most – 70 per cent – involved claims of “excessive noise”. Sigue leyendo →