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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.

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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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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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Interviews with Our Editors: Opening Australian Arbitration Week 2024 with Judith Levine, President of ACICA

Kluwer Arbitration

She brings national and international experience in leading disputes practices in Melbourne and in Paris as well as valuable in-house experience at the front end of projects and the back end of disputes in construction and energy—two of the most important industries at ACICA. In 2024, this figure is at 60%. Past interviews are available here.

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Clean Slate: The Interface Between Arbitration and Insolvency Processes in India

Kluwer Arbitration

The COC appealed to the Supreme Court, which set aside the NCLAT judgment, highlighting the importance of the “clean slate” doctrine under the IBC. Indian Oil and other creditors appealed the plan to the National Company Law Appellate Tribunal (“ NCLAT ”), which modified the plan to “safeguard” the rights of the appellant creditors.

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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).