A. LEGISLATION AND RULES A.1 Legislation A Bill was passed on 28 March 2024 – and applies to any arbitration initiated as of 8 April 2024 – to amend certain provisions of the Judicial Code relating to arbitration to reflect the evolution of the arbitration practice in Belgium (as notably influenced by international arbitration trends). The key provisions that were amended are: These amendments are included in the Judicial Code to ensure greater clarity of…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Kazakhstan continues to be governed by the Law on…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in the Kyrgyz Republic continues to be governed by the…
A. LEGISLATION AND RULES A.1 Legislation Arbitration in Uzbekistan continues to be governed by domestic legislation, as well as by international treaties ratified by Uzbekistan. Uzbekistan is a party to a number of international and regional treaties that relate to arbitration, including the New York Convention and several CIS treaties. Additionally, Uzbekistan is a member state of the ICSID, and investors, therefore, have the right to seek settlement of disputes within the framework of this…
A. LEGISLATION AND RULES A.1 Legislation The Arbitration Bill (“Bill”), which was introduced into Parliament in late 2023,…
A. LEGISLATION AND RULES A.1 Legislation In Austria, the rules on arbitration proceedings are contained in the Code…
A. LEGISLATION AND RULES A.1 Legislation The French Parliament is considering reforming French arbitration law, the current version of which was enacted in 2011. On 12 November 2024, a working group established by the French Ministry of Justice was assigned to explore ways to reform French arbitration law. This working group is led by Thomas Clay, an arbitrator, lawyer, and law professor, along with Judge François Ancel. The goal of this reform is to modernize…
A. LEGISLATION AND RULES A.1 Legislation In the 2023-2024 edition of this Yearbook, we had reported about the…
A. LEGISLATION AND RULES A.1 Legislation Hungarian arbitration law is based on the amended UNCITRAL Model Law of…
A. LEGISLATION AND RULES A.1 Legislation The regulations governing arbitration proceedings in Italy are found in the Italian Code of Civil Procedure (ICCP). Specifically, domestic and international arbitration are regulated by ICCP articles 806 to 832, while the recognition and enforcement of foreign awards are regulated in ICCP articles 839 and 840. On 28 February 2023, the “Cartabia Reform” (“Reform”), enacted by the Italian Legislative Decree No. 149 of 2022 (“Decree”), entered into force, introducing…