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Pakistani Energy Sector Parties Challenge Arbitration Awards in the English High Court on the Grounds of ‘Serious Irregularity’

Kluwer Arbitration

How domestic courts approach challenges to arbitration awards is of increasing importance as foreign parties often decide to seat an arbitration in a jurisdiction that they believe will provide the greatest stability to governing the arbitration process.

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2024 PAW: Sports Law and the Upcoming Olympics – What Role for Arbitration?

Kluwer Arbitration

decisions made by referees or umpires or juries), unless there are fraud or corruption allegations, but this is a high threshold to reach. In this respect, the panelists referred to the well-known saying “ the most important thing is not to win but to participate ”. This does not cover field of play matters (i.e., Finally, Prof.

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Enforcing Interim Awards in Pakistan – Finality or Binding?

Kluwer Arbitration

This is an important judgment because it does not rely on “finality”, as envisaged in the Guide or the international precedents. This new approach is an important development towards establishing Pakistan’s pro-enforcement bias. Mutual Marine Offices, Inc. , 2d 362 (S.D.N.Y. NHA 2023 CLD 1365.

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Angel Samuel Seda and Others v Colombia: New Pathways in the Application of Security Exceptions?

Kluwer Arbitration

The first arbitral awards over the matter arising out of the Argentine financial crisis 2001/2002 are prominent for their contradictory outcome (see in particular CMS v Argentina , Sempra v Argentina , Enron v Argentina on the one hand, and LG&E v Argentina on the other hand).

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Treating Symptoms or Root Causes? The Draft Statute of an Advisory Centre on International Investment Dispute Resolution

Kluwer Arbitration

It has supplied assistance in 20% of all WTO disputes since 2002 and, according to a report by the Columbia Center on Sustainable Investment (the “CCSI report”), it is widely credited “with substantially supporting access to the WTO’s dispute resolution mechanisms by developing countries and [Least Developed Countries]” (p. 43 and 85).

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CBAr 22nd International Arbitration Conference: Business Contracts and Party Autonomy in Times of Instability and Uncertainty

Kluwer Arbitration

Introduced in 2019, this law emphasized the importance of economic freedom, good faith, and the respect for contracts. That is why the Brazilian Economic Freedom Act might be important after all. There remains an inclination among state courts to meddle in contracts, often exceeding their role and sidelining original agreements.