…control the use of AI. Chinese regulators recently released draft rules designed to manage how companies develop generative AI products like ChatGPT, with the aim of circumscribing AI development. For…
…and that any ethical or other professional rules of conduct applicable to client-lawyer fee agreements are followed, thereby providing further safeguards against any subsequent allegations of breach. In practice this…
…arbitration under the 2021 International Chamber of Commerce Arbitration Rules (“ICC Rules”), where the threshold is currently USD 3 million. The Expedited Procedure Rules under the 2023 Rules can also…
…engineering disputes, considering concerns from clients about costs and lengthy proceedings. Mr. Sydenham emphasized the need for efficiency provisions to be explicitly incorporated into institutional rules, and for arbitrators to…
…rules were not just a copy and paste of the rules adopted by other institutions. He explained that robust governance and transparency together with reducing cost and time were the…
…JCAA’s Interactive Arbitration Rules, issued in July 2021 (“Interactive Rules”), follow this wave of new “civil law” arbitration rules but also contain unique provisions that may be particularly effective in…
…again. She also reminded that according to the new DIAC Arbitration Rules 2022, which has replaced the previous DIAC Arbitration Rules 2007, the Dubai International Financial Centre (“DIFC”) will be…
…decide the case, with the PCA acting as the registry and providing administrative support. The arbitration was conducted under the PCA Optional Rules for Arbitrating Disputes between Two Parties of…
…the dispute is based in London. This scenario involves additional challenges as the sanctions rules for American parties would also have to be considered in deciding whether expert services can…
…penalties imposed on arbitrators and the interpretation of DIAC rules. However, he stated that all of these are being recognized and handled. He also, emphasized that the competition across the…
…the new types of disputes which their companies and the State are facing. The discussion was conducted under the Chatham House rules. The panel noted that collective redress actions, Environmental,…
…immunity provisions in the rules will be incorporated into the arbitration agreement. National courts will then interpret these rules according to the national law of the country. She mentioned that…
…rules and introduced the second edition of the SCCA Rules 2023, which came into effect on 1 May 2023. Could you give our readers a brief introduction to SCCA as…
…to German law, in derogation of the substantive rules of the seat of arbitration (Turkish law) expressly designated by the contracts. On the other hand, the award-creditor, inter alia, referred…
…first made its presence in arbitration through Rule 41(5) of the 2006 ICSID Arbitration Rules (now found in Rules 41 and 43 of the amended ICSID Arbitration Rules (2022)). This…
…Rules. The ICSID Convention Article 27 curtails the home State’s capacity to assert diplomatic protection. Invoking the responsibility of another State for violations of investor rights, in turn, is dependent…
…standards of investment protection (FET, expropriation), excludes intra-EU ISDS from the scope dispute settlement, and the UNCITRAL Rules on Transparency in Treaty-based Investor-State Arbitration are made applicable to all ISDS…
…conventional financial rules, enabling thus mismanagement and irresponsible corporate governance practices. Yet, it is also likely that, to clean this mess, governments may introduce regulation in the near future to…
…unclear what Rules mean by “reciprocity”. The Rules state that for reciprocity, BCI would consider the Indian law firms and lawyers operating in the corresponding jurisdiction. For example, several Indian…
…ICSID Additional Facility rules is subject to the enforcement regime of the New York Convention. When examining a jurisdictional objection thereunder, the enforcement court must establish on what basis did…
…and (2) institutional capacity. Li posed the open question whether we need more institutions and bespoke rules to deal with BRI disputes. Existing institutions, such as HKIAC, CIETAC, ICC and…
…on a uniform set of rules amongst all states. As a result, the NYC does not refer to any specific set of rules, leaving it to each contracting state to…
…introduced rules with express reference to diversity. The discussion on ethnic and cultural diversity in international arbitration is by no means a ‘new’ conversation, with the topic being considered in…
…new stage. By now, states are working in the weeds on concrete reform proposals across a wide range of issues, from ethical rules for adjudicators, to the regulation of third-party…
