Arbitration Reform, Azerbaijan, International Arbitration Law Library Series, International Arbitration Procedures, UNCITRAL Model Law
Azerbaijan Adopts a New Law on Arbitration
On 26 December 2023, Azerbaijan adopted a new Law on Arbitration (“the Law” or “the New Law”) that regulates both international and domestic arbitration. It is mostly based on the 2006 edition of the UNCITRAL Model Law on International Commercial Arbitration (“2006 UNCITRAL Model Law”) but contains certain important differences. This post discusses the most…