Arbitration Act, Development, Latin America, UNCITRAL Model Law, Uruguay

, , , (Freshfields Bruckhaus Deringer)/ /Leave a comment

Uruguay’s long journey to approve an international commercial arbitration law has finally come to an end. Act Nº 19.636 (the “Arbitration Act”) was passed at the beginning of July, almost fourteen years after the Executive first sent a draft bill to Congress to regulate arbitration. The Arbitration Act largely incorporates the 1985 UNCITRAL Model Law…

Argentina, Development, Latin America, UNCITRAL Model Law

, , (Freshfields Bruckhaus Deringer)/ /1 Comment

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…