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In Europe

Winter Academy on International Arbitration

by and 2 Mins Read

On January, 11-16 the Russian Institute of Modern Arbitration will hold the Academy on International Arbitration titled “Beyond the Imaginable Borders: Transformation of Arbitration”. The Academy will touch upon the most innovative topics and cover the transformation of the well-known concepts of arbitration in the technological era such as validity of arbitration agreements, choice of law, due process, confidentiality and its cyber risks, etc. Apart from theory, the participants will have an opportunity to get…

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In Europe

The Swedish Court of Appeal again rejects Spain’s request of a preliminary ruling from the Court of Justice of the European Union (CJEU)

by 3 Mins Read

In May 2018, Spain requested the set-aside of an arbitral award in front of the Swedish Svea Court of Appeal. In the award, the SCC tribunal had granted the Luxembourg company, Novenergia, EUR 53.3 million in damages on the grounds that Spain had, as an effect of Spain’s reform to its renewable energy subsidy regime, violated standards of fair and equitable treatment under the Energy Charter Treaty (ECT). Novenergia was awarded damages in relation to…

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In Europe

Disputes involving sanctions against Russian persons must now be settled in the Russian state courts

by 2 Mins Read

On 19 June 2020, a new Russian Law (Federal Law No. 171-FZ dated 8 June 2020, known as the “Lugovoy Law,” named after its author) entered into force, introducing a number of changes into the Russian Arbitrazh Procedural Code. Most important, Russian state commercial courts (also called “arbitrazh” courts) will now have exclusive jurisdiction over disputes directly or indirectly involving those sanctioned entities that fall within the scope of Russian legislation (“Disputes”). Disputes also include…

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In Arbitration Procedure

Reform of Swiss international arbitration law approved by the Parliament

by and 5 Mins Read

In 2017, the Swiss Government released a draft bill aiming at a reform of the Swiss international arbitration legislation. On 9 June 2020, after several rounds of discussions and amendments in the two Swiss parliamentarian Chambers, the final version of the international arbitration law reform was approved. Key features of the reformed Swiss international arbitration legislation The main new features of the reformed Swiss international arbitration legislation (enshrined in Chapter 12 of the Private International Law…

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