All well that ends well? After more than four years since the Brexit vote and just one week before the end of the Withdrawal Agreement between the United Kingdom and the European Union, both parties have reached a last-minute agreement on the future of trade and cooperation between them: the EU-UK Trade and Cooperation Agreement. This Agreement provisionally enters into force on 1 January 2021 and sets the ground rules for the new partnership between…
VENEZUELA Eugenio Hernández-Bretón, MarÃa Eugenia Salazar, Gabriel De Jesús, Héctor MartÃnez and MarÃa Alejandra Ruiz. A. LEGISLATION AND…
The London Court of International Arbitration (LCIA) has recently amended its Arbitration Rules (available here) and Mediation Rules…
On 3 February 2020, the Seychelles became the 162nd State party to accede to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (“the Convention”). The Convention entered into force for the Seychelles on 3 May 2020.[1] Shortly thereafter on 31 March 2020, Palau, an island nation located in the Western Pacific Ocean, became the 163rd State party to accede to the Convention. The Convention will enter into force for Palau…
We are pleased to announce that we have published the first comprehensive empirical study on corporate restructuring and…
We are pleased to announce that the latest edition of the Baker McKenzie International Arbitration Yearbook is now…
Stemcor USA Inc. v. CIA Siderurgica Do Para Cosipar, No. 2018-CQ-1728 America Metals Trading L.L.P. (“AMT”) and South Korean trading company, Daewoo International Corp. (“Daewoo”) executed a series of agreements in May 2012 under which Daewoo purchased pig iron from AMT to deliver to New Orleans. Daewoo made payments under the agreements, but AMT never shipped the pig iron. Daewoo sued AMT in the United States District Court for the Eastern District of Louisiana and…
On 20 September 2019, ICSID registered a request by the Austrian construction company STRABAG SE (“Strabag”) for the initiation of…
On September 20, 2019, Decree 10,025/2019 was enacted, to regulate arbitration with the Federal Union, federal administration entities…
McDonnel Group, L.L.C. v. Great Lakes Ins., SE, No. 18-30817 (5th Cir. May 13, 2019) In fall 2015, McDonnel Group, L.L.C. (“McDonnel”) purchased a builders risk insurance policy (the “policy”) from defendant insurers for a construction project on a property located in New Orleans, Louisiana. Two years later, the property suffered significant water damage. After Defendants denied the claim, McDonnel filed a declaratory and breach of contract action in federal district court.Defendants moved to dismiss…