A. LEGISLATION AND RULES A.1 Legislation A.1.1 Proposed Amendment to PRC Arbitration Law On 30 July 2021, China’s Ministry of Justice published the proposed amendments to the current PRC Arbitration Law for public consultation. The draft amendment represents a major overhaul of the current arbitration regime that was introduced 26 years ago, with the primary aims of bringing the PRC arbitration law more into line with international best practices and making China a more attractive…
A. LEGISLATION AND RULES A.1 Legislation Chile continues to have a dual legal framework in the field. Domestic…
A. LEGISLATION AND RULES A.1 Legislation Arbitration procedures in Vietnam continue to be mainly governed by Civil Procedure…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Canada is, for the most part, a matter of provincial jurisdiction. Each province and territory has enacted legislation adopting the UNCITRAL Model Law, occasionally with slight variations, as the foundational law for international arbitration. Canada’s federal Parliament has also adopted a commercial arbitration code based on the UNCITRAL Model Law, which is applicable when the federal government or one of its agencies is a party to…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Venezuela continues to be governed by the Commercial Arbitration…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Australia continues to be governed by the International Arbitration…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Peru continues to be governed by Legislative Decree No. 1071 of 2008, based on the UNCITRAL Model Law (the 1985 Model Law with its amendments in 2006), the Urgency Decree No. 020-2020 which modified some articles of the Legislative Decree No. 1071 related to arbitrations where the Republic of Peru (“State”) is a party, and the New York Convention. Regarding the Urgency Decree No. 020-2020 adopted…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in the Netherlands continues to be governed by the Wet…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Argentina continues to be governed by (i) the National…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Mexico continues to be governed by the Code of Commerce, which incorporates the provisions of the UNCITRAL Model Law of 1985 in its relevant section. The Code of Commerce was enacted in 1889, and its last amendment on arbitration took place in 2010. Mexico is also a signatory to the New York and Panama Conventions on the enforcement of foreign arbitral awards. Regarding Investment Arbitration, Mexico…