International Commercial Arbitration

Arbitral Award, Courts, Enforcement, Hungary, International arbitration, International Commercial Arbitration, New York Convention

(SMARTLEGAL Schmidt & Partners)/ /Leave a comment

This post analyses the decisions of Hungarian courts rendered under the New York Convention (“Convention”) and published in the last two decades. The decisions were initially made available to the international arbitration community in the ICCA Yearbook of Commercial Arbitration series. This case law of 20 years is summarized below by identifying the main directions…

Agreement in writing, CISG, International arbitration, International Commercial Arbitration, New York Convention, Spain, Supreme Court of Spain

(Bottega Di Bella)/ /3 Comments

This post analyzes the problem stemming from the different form requirements established by the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (“NYC”) and the 1980 United Nations Convention on Contracts for the International Sale of Goods (“CISG”) with respect to the formation of the agreements the two Conventions regulate….

Federal Supreme Court of Switzerland, International arbitration, International Commercial Arbitration, Lex Arbitri, Party autonomy, Swiss Civil Procedure Code, Swiss Private International Law Act, Switzerland

(Wartmann Merker AG)/ /Leave a comment

Introduction The lex arbitri of Switzerland is well-known for affording parties maximum autonomy and procedural flexibility. In line with these principles, parties to international arbitration proceedings have the possibility to opt out of the otherwise applicable Chapter 12 of the Swiss Private International Law Act (“PILA”) and to opt into the statutory rules governing Swiss-seated…

Arbitration clause, Assignment of arbitration clause, Bulgaria, International arbitration, International Commercial Arbitration

/ /Leave a comment

The assignment of contractual rights is a common business practice. An important question concerning the assignment of rights under a contract is the fate of the arbitration agreement related to those rights and whether it is transferred automatically to the assignee so that such arbitration agreement becomes effective and binding in the relationship between the…

Hong Kong, International Commercial Arbitration, Interpretation of Contracts, Scope of an arbitration agreement, Shareholders Agreement

(OBOR Legal Research Centre)/ /Leave a comment

Introduction In the recent Hong Kong decision of Dickson Holdings Enterprise Co Ltd v. Moravia CV and Others [2019] HKCFI 1424, the court considered whether the arbitration agreement contained in the parties’ shareholders’ agreement covered disputes arising from any affairs of the company. As elaborated below, the decision is instructive for how similar arbitration agreements…

Diversity, International Commercial Arbitration, LIDW 2019, Set aside an arbitral award

(Stockholm University)/ /Leave a comment

London International Disputes Week continued yesterday with the session dedicated to international commercial arbitration, hosted by Herbert Smith Freehills LLP. The first panel, moderated by Chantal-Aimée Doerries QC, Atkin Chambers, discussed the future of international arbitration in London, and in particular what London offers and where it must improve in order to maintain its place…

Applicable Law, Arbitration Agreement, International Commercial Arbitration, Turkey, Validity

( Işık & Partners Law Firm)/ /Leave a comment

Introduction In order to conclude an enforceable arbitration agreement, various validity conditions are required. The authority of the signatory agent to conclude an arbitration agreement on behalf of the principal is one of these requirements. In some jurisdictions, an explicit/specific authority is also required. An agent authorized with a general power of attorney, but without…

Arbitration, Confidentiality, International Commercial Arbitration, Scope of Confidentiality

(DLA Piper)/ /2 Comments

Confidentiality is usually mentioned among the advantages of international commercial arbitration (ICA). The thought that confidentiality is an innate attribute, seems to be an attractiveness considered to choose ICA to settle disputes. For a long time, it did not seem to be questioned that the private nature of the arbitration process also forced the parties…

Argentina, IBA, International Commercial Arbitration, Latin America

(Permanent Court of Arbitration)/ /2 Comments

At a time when Argentina is looking to modernize its arbitration culture and attract foreign investment, the IBA Arbitration Day held in Buenos Aires could not have been more opportune.  Gathering more than 400 arbitration experts from more than 45 countries, the venue and the event proved to be up to the challenge.  While arbitration…

International Commercial Arbitration, Investment Arbitration, Podcast

(Arbitration Chambers) and (Mannheimer Swartling)/ /1 Comment

Information dissemination is the flavor of the decade. Processing information with our busy lives has become harder than ever and companies are hard at work to ensure knowledge reaches as many people around the globe as possible. These efforts are not without their threats. The rise of what might be called the “fake news” movement…