Achmea, ECJ, Enforcement, Jurisdiction, New York Convention, Recognition and enforcement of arbitral award, TFEU, Treaty, Vienna Convention on the Law of Treaties

(Colibra Insurance)/ /Leave a comment

Considering what the Court of Justice of the European Union (“ECJ”) said in its Judgment of 6 March 2018, under Case C‑284/16, widely known as the “Achmea judgment” (“Achmea”), one begs the question: How this should be perceived in practice?  Because, when interpreting EU law not to be compatible with BIT-based dispute resolution, or vice…

Hearings, Investment Arbitration, Supreme Court, Transparency, Transparency in investment arbitrations

(Herbert Smith Freehills)/ /Leave a comment
Herbert Smith Freehills

[I]t is not merely of some importance but is of fundamental importance that justice should not only be done, but should manifestly and undoubtedly be seen to be done.1) R v Sussex Justices, ex parte McCarthy [1924] 1 KB 256, 259 (Lord Hewart C.J.) If you sought to distil [the connection between ISDS’s transparency and…

Arbitral Award, Recognition and enforcement of arbitral award, Serbia, Set aside an arbitral award, Suspension of Enforcement

(University of Novi Sad)/ /Leave a comment

Enforcement for some may be a chimera, an overrated factor in choosing the dispute resolution methods.1)Cameron Ford, The Enforcement Chimera, Kluwer Arbitration Blog, May 10. 2018. Yet, efforts that have been invested in enforcement of judgments within the Hague Conference on Private International Law2)See the Draft Judgments Convention and of international commercial settlement agreements reached…

Africa, Nigeria, Third party funding

(The University of Adelaide)/ /Leave a comment

Introduction   It is no longer news that Third-Party-Funding (TPF) has captured the attention of the arbitration community in recent times and has become increasingly popular even in international commercial and investment arbitration. No doubt, the recent expansion of TPF in international commercial and investment arbitration has spurred debates with regard to its regulation, both…

onshore arbitration, UAE, UAE arbitration chapter, UAE Federal Arbitration Law

(Blanke Arbitration LLC)/ /Leave a comment

The adoption of the UAE Federal Arbitration Law  has kept the specialist arbitration profession in the waiting for the better part of a decade. It was finally adopted earlier this week, to the great acclaim of the local and international arbitration community. The new Law, Law No. 6 of 2018, will apply within 30 days…

Arbitration Agreement, Arbitration clause, kompetenz-kompetenz, Venezuela

(ADM & Asociados )/ /Leave a comment
Young ICCA

This post focuses on two decisions issued by the Venezuelan Supreme Court of Justice in the Corporación LSR case. The decisions constitute an unexpected change in the approach of the Supreme Court towards arbitration, deviating from its latest and vastly commented case law regarding commercial arbitration matters. Background The dispute in Corporación LSR arose out…

Appeal, Arbitral Award, English Arbitration Act, Finality, Set aside an arbitral award

(Clyde & Co.)/ /Leave a comment
Clyde & Co.

Two recent pieces of recent research raise the question of whether arbitration users really value finality in arbitration or take it for granted. Is it time (again) to discuss whether s69 Arbitration Act 1996 is meeting users’ needs? Arbitration Act 1996, s69 Section 69 of the Arbitration Act 1996 (AA 1996, s 69) is a…

Enforcement, Sovereign Immunities, Sovereign Immunity, State entity, State Immunity, Waiver, World Bank

(Durham Law School)/ /Leave a comment

Introduction The issues pertaining to “sovereign immunity” in international arbitration are not new. Nevertheless, several aspects remain unresolved.1)Kaj Hobér, Sovereign Immunity and International Arbitration – Recent developments, Arbitrators’ Insights, Essays in Honour of Neil Kaplan (Sweet & Maxwell, 2012), 91. Sovereign immunity from execution is said to be “the last fortress, the last bastion of State…

Arbitration, Arbitration Act, Costs, Nigeria

(Queen's University Faculty of Law) and (Africa Arbitration Academy )/ /2 Comments
Institute for Transnational Arbitration (ITA)

The past few months have witnessed several momentous developments for international arbitration in Africa. Angola, Cabo Verde, and Sudan acceded to the New York Convention; South Africa adopted a new International Arbitration Act; the OHADA Council of Ministers adopted three new texts on arbitration and mediation; and the Nigerian Arbitration and Conciliation Act (Repeal and…

Applicable Law, Arbitration, Arbitration Agreement, Courts, New York Convention, UNCITRAL Model Law

(National University of Singapore, Faculty of Law)/ /Leave a comment

Part 1 of this blog argued that courts that are asked to resolve Article 8(1) Model Law disputes should adopt a deferential approach to tribunal competence under both a contextual and purposive interpretation of the Model Law or similar provisions aimed at giving effect to Art II(3) NYC. On this proposed view, such a court…

Applicable Law, Arbitration, Arbitration Agreement, Courts, New York Convention, UNCITRAL Model Law

(National University of Singapore, Faculty of Law)/ /1 Comment

A crucial issue in arbitration is determining the proper relationship between courts and the arbitration process. In addition to court challenges to preliminary jurisdictional decisions by arbitrators and court applications to annul awards or prevent enforcement, a number of other court actions also raise relationship issues. This blog is concerned with scenarios such as commencement…

Arbitrator Intelligence, Arbitrators

(Bocconi University)/ /1 Comment
Arbitrator Intelligence

In virtually every sector of modern business, data is enhancing if not replacing intuition as the basis for making decisions. This trend holds even for assessments as seemingly subjective and rarified as predicting the quality—and hence price—of an exquisite French Bordeaux. In selecting international arbitrators, however, intuition still predominates. For example, a recent industry survey…

Asia-Pacific, Japan, Trans-Pacific Partnership, Treaty

(Waseda University)/ /2 Comments

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was signed by 11 of the original TPP Partners on 8 March 2018 in Santiago, Chile. After the United States announced its withdrawal from the original TPP on 23 January 2017,1) The announcement made it clear that the United States was not ‘obliged to refrain from…

Arbitration Proceedings, Powers of the tribunal, time-limits

(Paxus LLP)/ /1 Comment

  What Causes Inter-Institutional Variations in the Duration of the Arbitration Process? A significant advantage that arbitration has over litigation is the speed with which proceedings are conducted. The duration of an arbitration, i.e. the time from the date of receipt of the Request for Arbitration to the date of release of the final award,…

Ethics, Security for Costs, Third party funding

/ /Leave a comment

The Task Force’s 2018 Report on Third-Party Funding has finally been released. Here are comments on eight of the most interesting points.   Third-party funding involves an entity, with no prior interest in the legal dispute, providing financing to one of the parties.   One of the trickiest issues regarding third-party funding (TPF) has been defining…

Cyprus, occupation, Oil & Gas, Russia, Turkey, Ukraine

(Bottega Di Bella)/ /Leave a comment

This post navigates the possibility of expanding the protection of a Bilateral Investment Treaty (BIT) to foreign investments made in the territory of a country, which is partially occupied by the State that is a Contracting Party to that BIT. By taking into account a real-life situation – which may result into an investment arbitration…

Journal of International Arbitration

(WilmerHale & Queen Mary University of London)/ /Leave a comment

We are happy to inform you that the latest issue of the journal is now available and includes the following contributions:   Philippe Cavalieros & Janet (Hyun Jeong) Kim, Emergency Arbitrators Versus the Courts: From Concurrent Jurisdiction to Practical Considerations The 10 November 2017 Dublin International Arbitration Day, organized by Arbitration Ireland, had an entire…

Court of Arbitration for Sport, Independence, Sport arbitration, Switzerland

(Archipel) and / /Leave a comment

In a recent case, the Swiss Federal Tribunal (“SFT”) has once again been called to consider the question of independence of the Court of Arbitration for Sport (“CAS”) vis-à-vis its funders and users. This note introduces the issue of funding and independence of CAS in the context of the SFT’s prior case law and discusses…

Brexit, empirical data, Queen Mary- White & Case Survey, Seat of the arbitration

(White & Case LLP) and (White & Case)/ /Leave a comment

The results of the 2018 Queen Mary/White & Case International Arbitration Survey were launched on 9 May 2018. The survey explores “The Evolution of International Arbitration”: how international arbitration has evolved, the key areas for development in the future, and who and what will shape the future evolution of the field. This is the 4th survey…

Arbitration, Summary Judgment, Summary procedure, United States

(Bryan Cave Leighton Paisner LLP)/ /1 Comment
Bryan Cave Leighton Paisner LLP

The recent American case of Weirton Medical Center Inc v Community Health Systems Inc (N.D. W. Va. Dec. 12, 2017) is another reminder that the debate over the place of summary disposal in arbitration has not been settled. This issue has previously been in the spotlight notably through the transatlantic case of Travis Coal Restructured…

Ethics, Hong Kong, Singapore, Third party funding

/ /2 Comments

Hot on the heels of Singapore’s liberalising third party funding (TPF) for arbitration, Hong Kong followed with similar legislation. Keen to ensure the new regime works, the Singapore Ministry of Law is already seeking feedback on whether cases are being funded, businesses are benefiting from the liberalisation, and whether to expand third party funding.1) Singapore…

Achmea, Arbitration, Arbitration Awards, BIT, Enforcement, European Law, European Union, International arbitration, Intra-EU BITs, Investment Arbitration, New York Convention

(Albright StoneBridge Group)/ /Leave a comment

The world after the  Achmea v Slovakia decision focuses on the question about the future of ISDS in relation to intra-EU BITs. At the ASIL conference on the 6 April 2018, a representative of the EU observed the decision in the Achmea case as one that was perhaps a natural consequence of the intricacies of…

Arbitration, Diversity, The Pledge

(School of International Arbitration, Queen Mary University of London (QMUL) )/ /Leave a comment

Back in the early 20th century, the business community created arbitration with the aim of offering an alternative to the perceived inadequacies of state courts in dealing with foreign parties, law, and claims. At the time, cases and claims were characterised by European, Mediterranean, and American elements. As a result, the arbitration community was described…

Achmea, European Court of Human Rights, European Law, European Union

, (Linklaters)/ /Leave a comment
Linklaters

As it has been extensively discussed on this blog, in its landmark Achmea case the Court of Justice of the EU (“CJEU”) found the arbitration provision of the bilateral investment treaty (“BIT”) between the Netherlands and Slovakia to be incompatible with EU law. This decision potentially affects the effectiveness of the roughly 200 BITs concluded…