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In United Arab Emirates

United Arab Emirates: Dynamic Industries vs. Baker Hughes – Arbitration Clause Enforceable Despite DIFC-LCIA Dissolution

by , , and 6 Mins Read

In a recent decision (“Decision”), the United States Court of Appeals for the Fifth Circuit the (“Appellate Court”) reversed the United States District Court for the Eastern District of Louisiana (the “District Court”) 2023 decision in Baker Hughes Saudi Arabia Co. Ltd. v. Dynamic Industries Saudi Arabia, Ltd. USDC No. 2:23-CV-1396 (“Baker Hughs Ruling”), remanding the case for further consideration. The Decision is important in the context of the effects of the Dubai Decree No.…

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In USA

Art.V(1)(d) NYC: District court declines to confirm an award because the arbitration procedure was not conducted in accordance with the parties’ underlying agreement

by and 4 Mins Read

Spineway SA v. Strategos Group LLC, No. 22-mc-00604-JLH (D. Del. Mar. 1, 2024)[1] Factual Background Spineway SA (“Spineway”) and Strategos Group LLC (“Strategos”) were collaborators on a business venture in South America. According to Spineway, it was required under the terms of the agreement to purchase an ownership interest from Strategos in an investment fund, with the understanding that Strategos would return Spineway’s funds if the parties did not enter into a further partnership agreement within…

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In All time favorite

Now available: International Arbitration Yearbook 2021-2022

by 1 Min Read

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…

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In All time favorite

International Arbitration Yearbook, 14th Edition – now available!

by 1 Min Read

We are pleased to announce that the latest edition of the Baker McKenzie International Arbitration Yearbook is now available. This new edition reviews important developments in arbitration over the past year across 47 jurisdictions, including: The effects of COVID-19 on international arbitration;New arbitral rules from major institutions such as the LCIA and ICC;The increasing use of artificial intelligence and technology in arbitration; andthe ongoing uncertainty around the future of intra-EU BITs following the European Court of…

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