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International Arbitration Yearbook 2023-2024 – now available!

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Welcome to the 17th edition of the Baker McKenzie International Arbitration Yearbook. We are pleased to bring you our analysis of notable developments in international arbitration over the past year from over 40 jurisdictions worldwide. As with the editions before it, the 2023-2024 Yearbook covers important legislative and case law updates from each jurisdiction. This includes: You can access the latest edition of the International Arbitration Yearbook here or by hovering your cursor over the “International Arbitration…

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Singapore Court of Appeal confirms that arbitrators held to different standard in providing reasoned decision

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In CVV and others v CWB [2023] SGCA(I) 9, the Singapore Court of Appeal (“SGCA”) upheld the Singapore International Commercial Court’s (“SICC”) refusal to set aside an arbitral award for, among others, a breach of the rules of natural justice. According to the SGCA, arbitrators are not held to the same standards as judges of a court when giving a reasoned decision. This is because the grounds on which one may challenge a judgment are…

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Baker McKenzie International Arbitration Yearbook 2023-2024 – Indonesia

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A. LEGISLATION AND RULES A.1 Legislation International arbitration in Indonesia continues to be governed by Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution (“Arbitration Law”), which was not amended in 2023. Indonesia ratified the New York Convention through Presidential Decree No. 34 of 1981. A.2 Institutions, rules and infrastructure A.2.1 Arbitration institutions in Indonesia Subject to the nature of the dispute, parties that choose arbitration as a dispute settlement forum in Indonesia…

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Baker McKenzie International Arbitration Yearbook 2023-2024 – China

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A. LEGISLATION AND RULES A.1 Legislation New amendments to the PRC Civil Procedure Law On 1 September 2023, the Standing Committee of China’s National People’s Congress (“China NPC”) released the amendments to the PRC Civil Procedure Law (“2021 CPL”), which has taken effect from 1 January 2024 (“2024 CPL”). The amendments also touch on international arbitration, which, among others, clarify the criteria for the nationality of an arbitral award issued pursuant to an arbitration administered…

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