Recently, both the German legislator and the German Institution of Arbitration tasked working groups with a reform of the German arbitration law and the DIS Arbitration Rules. The last reforms in 1998 strived for unification with international standards. Now is the time to ask whether Germany should aim at further internationalization, or rather emphasize characteristics of German law that serve the users’ needs: time, costs and predictability. In 1998, Germany had, with some minor amendments,…
With the ascension of the Trump administration, there is a question whether the investor-state dispute settlement (“ISDS”) provisions…
Baker McKenzie has released its North American Arbitration Primer. This builds on the success of Baker McKenzie’s Asia…
The International Chamber of Commerce (the “ICC”) and the United States Council for International Business (the “USCIB”) held an event on January 18, 2017, at the New York office of Baker & McKenzie LLP. Alexis Mourre, President of the ICC International Court of Arbitration (the “Court”), discussed recent developments at the Court, such as amendments to the ICC Rules of Arbitration. The Amendments have been made to increase the efficiency and transparency of ICC arbitrations.…
While toasting the New Year over a glass or two of champagne, it may have gone unnoticed to…
Investment treaty arbitrations may be brought under the rules of many different arbitration institutions. As can be expected,…
Impact of the SIAC Rules 2016 on Joinder and Consolidation The latest edition of the Arbitration Rules of the Singapore International Arbitration Centre (“SIAC Rules 2016”) introduced ground-breaking innovations and enhancements to provide its users with greater time and cost efficiencies. This update focuses on two significant changes introduced in the SIAC Rules 2016 – enhancements to applications for joinder and new provisions for consolidation, for the efficient resolution of multi-party and multi-contract arbitrations that…
The Federal Arbitration Act (FAA) reflects U.S. Congressional approval of the finality of arbitration. Indeed, the FAA and…
Recent developments The Law Reform Commission of Hong Kong (“LRC”) published a report on 12 October 2016 (“Report”) in…
The United Arab Emirates (“UAE”) has experienced decades of economic growth and has emerged as a leading regional commercial hub, attracting large and numerous cross-border transactions. This has lead investors and parties into contracts in the UAE to commonly elect a foreign law, in particular English law, to govern the contractual relationship and to opt for a foreign jurisdiction or for arbitration as an alternative to litigation. Looking at the legal framework of the UAE,…