Search for:
Category

Chile

Category

A. LEGISLATION AND RULES A.1 Legislation Chile continues to have a dual legal framework in the field of arbitration. Domestic arbitration is ruled by the Organic Code of Courts and the Code of Civil Procedure (CCP), whereas international arbitration is governed by Act No. 19,971 on International Commercial Arbitration (“ICA Act”), which came into force in September 2004 and is mostly a replica of the UNCITRAL Model Law. Chile is also a signatory to the…

CHILE Rodrigo Díaz de Valdés and Ignacio Naudon A. LEGISLATION AND RULES A.1       Legislation Chile has a dual legal framework in the field. Domestic arbitration is ruled by the Organic Code of Courts (OCC) and the Code of Civil Procedure (CCP), whereas international arbitration is governed by Act No. 19,971 on International Commercial Arbitration (“ICA Act”), which came into force in September, 2004 and it is mostly a replica of the UNCITRAL Model Law. Chile…

Agreement has been reached on the long-awaited Trans-Pacific Partnership (TPP). The TPP is a free trade agreement between 12 Pacific Rim nations, including Australia, Japan, Malaysia, New Zealand, Singapore and the United States, which represent around 40% of global GDP and one third of world trade. The text of the TPP is still being finalised by the TPP States and is not yet available. Reports indicate that the TPP includes an Investment Chapter with a…

Report on the Changing Global Markets Forum – Opportunities & Risks in Latin America – Held on 14 October 2014 at the HKIAC’s headquarters in Hong Kong Last week, South American visitors wandering around the Admiralty district in central Hong Kong would recognize, with certain familiarity, the barricades formed by student demonstrations. Such scenes are recurrent in Rio de Janeiro or Buenos Aires; still, they are more striking when framed by the futuristic architecture of…