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We are pleased to announce that the latest edition of the Baker McKenzie International Arbitration Yearbook is now available. This 15th edition looks at key developments in arbitration from the last year in 46 jurisdictions, including: New arbitral rules from major institutions such as including ACICA, AFSA, AIAC, ICSID, JAMS, JCAA, SWISS, and UNCITRAL.The increasing use of artificial intelligence and technology in arbitration, such as electronic filing and case management platforms, as well as virtual/hybrid…

The United Arab Emirates (“UAE”) has experienced decades of economic growth and has emerged as a leading regional commercial hub, attracting large and numerous cross-border transactions. This has lead investors and parties into contracts in the UAE to commonly elect a foreign law, in particular English law, to govern the contractual relationship and to opt for a foreign jurisdiction or for arbitration as an alternative to litigation. Looking at the legal framework of the UAE,…

Nowadays high value M&A transactions and project structures can be very complex, in particular involving a number of parties based in different jurisdictions who between them enter into a variety of related contracts. To save time and money, parties can seek to resolve all the issues in dispute in the same set of legal proceedings, rather than in many different, but related, proceedings. This has traditionally been done relatively easily in court proceedings. However it…