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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”).

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Enforcing Interim Awards in Pakistan – Finality or Binding?

Kluwer Arbitration

The Pakistani Law Approach Pakistan ratified the Convention through the Recognition and Enforcement (Arbitration Agreements and Foreign Arbitral Awards) Act, 2011 (“ 2011 Act ”). This is an important judgment because it does not rely on “finality”, as envisaged in the Guide or the international precedents. NHA 2023 CLD 1365.

Import 52
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CRCICA Launches New Arbitration Rules 2024

Kluwer Arbitration

Last updated in 2011, the CRCICA 2011 Rules (“ 2011 Rules ”), the 2024 Rules have been amended to meet the needs of users and evolving dispute resolution and trade landscapes. While the 2011 Rules contained 5 Sections with 48 Articles, the 2024 Rules contain 6 Sections with 56 Articles and 4 annexes.

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A New Era of Procurement in Europe: Time for Bold Change

Open Contracting Partnership

Between 2011 and 2021, single bids doubled, the number of bids halved, and direct awards surged. As a reform community, we agreed that we need to focus more on long-term value, with sustainability, social value, and innovation becoming increasingly important and that contract management is where this value is often won or lost.

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Do National Courts Really Give Effect to 90% of All International Arbitral Awards?

Kluwer Arbitration

federal courts between 2011 and 2019. Whatever the reason for the high rate of uncontested outcomes, we believe they are an important feature of parties’ post-award conduct. While our dataset is free from some of the methodological limitations of those in prior studies, our findings are still subject to important limitations.

Data 98
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ADR in the Blockchain Ecosystem: A Primer

Kluwer Arbitration

ADR Solutions in Blockchain Disputes Tailor-made Dispute Resolution The flexibility afforded by ADR mechanisms – as a consequence of the importance placed on party autonomy in ADR – lends itself well to the resolution of blockchain disputes. In In re Teligent, Inc., 1) In re Teligent, Inc. , 3d 53 (2d Cir. 3d 53 (2d Cir. ↑ 2 Art.

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Pakistan’s Draft Arbitration Bill 2024: Change After 84 Years?

Kluwer Arbitration

However, these judgments arose in the context of enforcement of foreign arbitral awards under a 2011 statute implementing the New York Convention (“2011 Act”). The Bill does not affect the 2011 Act which will continue to apply to foreign awards and arbitration agreements. domestic arbitration).