The Albanian parliament has passed a new arbitration law based on the UNCITRAL Model Law as it seeks to encourage greater foreign investment in the country.
07 July 2023
Practitioners have welcomed the news that India has formed a committee of legal experts to consider reforms to its arbitration law, inviting recommendations from interested parties.
29 June 2023
Nigeria has adopted a new arbitration law including reforms on interim measures, mandatory stays and third-party funding. Timi Balogun, Letizia Ceccarelli, Hoda Ghassabian and Lorenzo Poggi of Squire Patton Boggs consider the changes and argue the new law will enhance the country’s position as an arbitral hub.
23 June 2023
Timor-Leste has become the 172nd country to accede to the New York Convention – and it is now in force in the southeast Asian state.
23 June 2023
Hungary has introduced a new provision allowing courts to set aside awards in construction disputes that failed to properly consider opinions issued by a state-endorsed performance body – a move practitioners have called “problematic”.
22 June 2023
Honduras has threatened to withdraw from ICSID, alleging the centre has breached “law and procedure” in its administration of a US$11 billion treaty claim.
01 June 2023
The Paris Court of Appeal has upheld an ICC award in favour of Libya’s national oil company, rejecting arguments that tribunal chair Hilary Heilbron KC lacked impartiality because another barrister at her London chambers acted as counsel to Libya in a separate case.
31 May 2023
Luxembourg’s parliament has passed new legislation to modernise the country’s arbitration law – granting extended powers to tribunals and limiting the grounds for setting aside awards.
05 May 2023
The United Nations has recently reached a historic agreement on environmental protection known as the High Seas Treaty. Meriam Al-Rashid and Kate Johnston of Eversheds Sutherland consider its key provisions and compare it with another important environmental treaty covering Latin America.
03 May 2023
Germany’s Federal Ministry of Justice has announced plans to reform the country’s arbitration law for the first time in 26 years.
21 April 2023
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