…KSA’s Bankruptcy Law aimed to replace the previous fragmented regulatory framework for insolvency, aligning with the Saudi Vision 2030 to boost economic activity and international investment. In the intervening six…
The 11th annual Dublin International Arbitration Day took place on 17 November 2023 at the Distillery Building, Dublin 7. A conference famed for its action-packed schedule, range of panels on…
…Corporate Insolvency Resolution Process (“CIRP”) in India is codified in the Insolvency and Bankruptcy Code, 2016 (“IBC”), which distinguishes between financial creditors and operational creditors.14)Vidarbha Industries Power Ltd. v. Axis…
…Disputes, Maxi Schrerer on The Effects of Insolvency on International Arbitration, Ank Santens’ critical discussion on Costs in International Arbitration: A Plea for a Debate on Early Guidance by the…
…of Commerce International Arbitration Centre. She has more than 30 years of experience in commercial, intellectual property, tax, insolvency, labour and industrial disputes. Her experience extends to international and domestic…
…When a moratorium on the collection of debts from the third party was ordered as part of insolvency proceedings of the third party, the Court found that enforcement of the…
…insolvency estate, including application of a stay of proceedings, and, if it applies, its scope and duration, modification and termination”. That is, the law of State in which insolvency proceedings…
…which typically arise in the context of insolvency. He added that he has seen an uplift of these claims in the last 1-2 years. The third category is classic claims…
…and well-considered approach to AI adoption is essential to effectively address the multifaceted challenges that AI poses in international arbitration. Cross-Border Insolvency and Commercial Disputes The third topical panel, moderated…
…next generation of disputes. Justice Christopher S. Sontchi (International Judge, Singapore International Commercial Court) kicked off the discussion by zooming in on disputes relating to cross-border insolvency. He observed that,…
…Justice (“STJ”) has ruled that State courts cannot invalidate an arbitration agreement on the basis of one of the parties’ financial insolvency caused by bankruptcy. Raphael Brandão Moreira &…
…insolvency law, incorporated in Israel through its 2019 Insolvency Law. Since the event took place, the Ministerial Legislative Committee approved the draft Model Law again. Two Developments at UNCITRAL Two…
…arbitrable and non-arbitrable insolvency issues. Arbitration and Insolvency: Why Is Compromise Between the Two Beneficial? Traditional insolvency regimes lack arbitration’s flexibility and efficiency. To address the rising number of insolvency-related…
…other services does CCB offer? In addition to the administration of arbitration proceedings, the Arbitration Center administers conciliation proceedings, mediation, and provides assistance to individuals and businesses in insolvency cases….
…2 provides that bankruptcy and insolvency proceedings do not affect the substantive validity of the arbitration agreement, introducing clarity in respect of an issue which remains contentious even in some…
…Schedule, (b) through the criminal or insolvency powers available in a particular State, (c) whistleblowers, (d) confessions, and (e) data analytics and AI. The Intersection of Corruption with Arbitration Proceedings…
…is reasonable to expect that these circumstances will impact contractual performance through unavailability of equipment, under-delivery in supply contracts, increased risk of insolvency of key contractors or claims for force…
…to terminate the Contract on the basis that OAS had abandoned the works and for OAS’s insolvency, respectively). Further, the Tribunal failed to explain how the evidence adduced by OAS…
…a court-appointed receiver appointed under the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 (the ‘BIA’), the arbitration agreements in the contracts sought to be enforced by the receiver in…
…INSOLVENCY: THE SPANISH LEGAL FRAMEWORK The Spanish Recast Insolvency Act (“SRIA“) entered into force on 1 September 2020. In essence, the interplay between insolvency and arbitration is regulated under article…
…enforcement. Fostering Canada’s pro-arbitration standing, courts were generally adamant about referring commercial parties to arbitration, although a few exceptions that arose in insolvency contexts are worth mentioning. In the sphere…
…sections 243(1)(c) and 183(1) of the Bankruptcy and Insolvency Act (the “BIA”), which provided for broad jurisdiction of superior courts in bankruptcy and insolvency matters generally, and in relation to…
…preclude the operation of arbitration legislation. The panelist noted that the Supreme Court of Canada would probably provide further clarifications on the interplay between arbitration and insolvency in Peace River…
Allen & Overy’s webinar on the second day of Hong Kong Arbitration Week 2022 brought together six practitioners from the fields of arbitration, insolvency and enforcement to discuss the key…
