Remove 2011 Remove Contract Remove Corruption
article thumbnail

An End to the Taisei Saga in Pakistan

Kluwer Arbitration

Historical Background Historically, the enforcement of foreign arbitral awards in Pakistan required filing an application before the respective provincial High Court under Section 6 of the Recognition and Enforcement (Foreign Arbitral Awards and Arbitration Agreements) Act of 2011 (“2011 Act”).

article thumbnail

“Appropriate Legality” and Arbitration Reform in Pakistan

Kluwer Arbitration

The reason for this divergence is that Pakistan already has a law implementing the New York Convention that deals exclusively with foreign-seated arbitrations: the Recognition and Enforcement (Arbitration Agreements and Foreign Arbitral Awards) Act, 2011 (“2011 Act”). 48) but it also excludes contracts relating to land.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ADR in the Blockchain Ecosystem: A Primer

Kluwer Arbitration

Certain blockchain-related disputes, such as those arising from the trading of cryptocurrencies, smart contracts, and the deluge of disputes resulting from the collapse of any cryptocurrency or token, are inevitable teething issues in the maturation of the blockchain. In In re Teligent, Inc., 1) In re Teligent, Inc. , 3d 53 (2d Cir.

article thumbnail

Red Eagle v. Colombia: Colombia’s Decisions to Protect Páramos Do Not Constitute a Violation of the Minimum Standard of Treatment vis-à-vis an Investor with No Vested Right

Kluwer Arbitration

Between 2009 and 2010, Red Eagle secured 11 option contracts to acquire equal mining titles to develop a large-scale gold mining project in Colombia (“Project”). Accordingly, in May 2011, the Von Humboldt Institute issued Resolution No. In May 2011, the Court issued Judgments C-366 and C-367 declaring Law 1382 unconstitutional.

Balance 52
article thumbnail

Red Eagle v. Colombia: Colombia’s Decisions to Protect Páramos Do Not Constitute a Violation of the Minimum Standard of Treatment vis-à-vis an Investor with No Vested Right

Kluwer Arbitration

Between 2009 and 2010, Red Eagle secured 11 option contracts to acquire equal mining titles to develop a large-scale gold mining project in Colombia (“Project”). Accordingly, in May 2011, the Von Humboldt Institute issued Resolution No. In May 2011, the Court issued Judgments C-366 and C-367 declaring Law 1382 unconstitutional.

Balance 52
article thumbnail

Stamping Out The Uncertainty – The Supreme Court’s Way Forward For A Modern And Efficient Arbitration Regime For India

Kluwer Arbitration

Building off this experience, the SIAC Secretariat conducted an empirical study with respect to the performance of SIAC Awards in India from 2011 to 2022. Importantly, no SIAC award was set aside or refused enforcement in India between 2011 and 2022. Indo Unique Flame Ltd.

article thumbnail

Contractual Interpretation in Hong Kong and Singapore: What Happens When Parties Name a Non-Existent Arbitration Centre?

Kluwer Arbitration

Advance Technology (HK) Co Ltd [2011] 4 HKLRD 262 (“ Klöckner ”) in which Saunders J had held that the arbitration clause in question did not meet the requirements under its governing law of PRC law. Without this, an agreement is invalid by way of Article 18. The background facts make the cases worth comparing.