The Indian parliament passed a bill on the 10th August 2018, with the aim to modify the Arbitration and Conciliation Act, 1996. This new legislation is based on a report made by the High Level Committee created by the government in order to modernize the practice of arbitration in India. This modification aims to create [...]
On 14 August 2018, the Russian Arbitration Center (“RAC”) published an annual report for 2017/2018. This report analyses the evolution of the RAC during these years. It provides general information about arbitration in Russia, or about international cooperation with other arbitration institutions (e.g., the Singapore International Arbitration Center or the Hong Kong International Arbitration Center). [...]
ICSID proposes amendments to its rules to resolve investment disputes. All filing will be done electronically unless there are special reasons to maintain paper filing, timelines have been specified and, in many cases, reduced. Other proposals concern provisions on transparency, security for costs, challenge of arbitrators and an obligation to disclose third party funders.
The new California law on commercial arbitration was signed on Wednesday the 18 July 2018 by the governor of California Jerry Brown. This new law summarizes the research led by the workgroup which was created by the chief justice of the supreme court of California, an initiative launched in order to reform the Californian arbitration [...]
The Mauritius international arbitration centre will begin operations as an independent centre on 27 July 2018. A new arbitration law will also come into force. This new institution follows the termination of the contract between the London Court of International Arbitration and the current arbitration centre in Mauritius. This centre will be financed by the [...]
Uruguay passed a new bill, based on the 1985 UNCITRAL Model law, with certain elements incorporated from the 2006 edition. It only applies to international commercial arbitration, while domestic arbitration continues to be governed by the Civil and commercial code.
The new law, dated 23 April 2018, has been approved by the House of Deputies on 4 July 2018. It only needs approval from President to be ratified. The bill is based on the 2006 UNCITRAL Model law, with a couple of departures from the text. The parties cannot agree that the subject matter of [...]
As announced in the press release of the Court of Arbitration for Sport (“CAS”), on 27 July 2018 CAS dismissed the appeal filed by Jérôme Valcke against the decision of the Fédération Internationale de Football Association (“FIFA”) appeal committee. Jérôme Valcke, the former FIFA Secretary General was dismissed in 2015 after accusations of being involved [...]
The new draft model bilateral investment treaty of the Netherlands, disclosed by the Dutch ministry of foreign affairs in late 2017, is planned to stand in lieu of the actual “standard text” for the Netherlands BITs and provides for major changes such as the preclusion for individuals from acting both as counsel and arbitrator and [...]
On 15 March 2018, three texts came into force in order to revise the unified act on arbitration adopted in 1999 by the Organisation pour l’harmonisation en Afrique des droits des affaires (“OHADA”). These three texts, the Acte uniforme relatif au droit de l’arbitrage, the Acte uniforme relatif à la médiation and the Règlement d’arbitrage [...]