On 4 July 2018, the Argentine National Congress passed a new arbitration act modernizing the framework for the conduct of international commercial arbitrations in Argentina (the Arbitration Act or the Act), based on the UNCITRAL Model Law and its 2006 amendments (the Model Law). The development comes in response to calls from the arbitral community…
For more than a decade, Argentina has been living in a permanent crisis, which affected all sectors of the economy and turned out in an avalanche of investment cases, many of them under the ICSID Convention. Thus, Argentina became one of the most active players in the investor-state dispute settlement system, facing almost 60 cases…
Overview On 1 August 2015, the new National Civil and Commercial Code (the “Code”) entered into force in Argentina. Articles 1649 to 1665 of the Code incorporate the new regulations governing arbitration. Although not expressly stated, it may be understood that it applies to both domestic and international arbitration. In accordance with the Argentinian federal…
