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How to Prevent Debt from Hurting Economic Growth

Inter-American Development Bank

That adds up to the 18-percentage point increase between 2014 and 2019. This effect can be particularly important in countries with scarce physical and human capital. This means that there is a tipping point, or threshold, at which higher debt levels become detrimental to growth.

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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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Enforcing Interim Awards in Pakistan – Finality or Binding?

Kluwer Arbitration

2014) enforced a supplemental award restraining the respondent to satisfy an interim award with escrowed funds. This is an important judgment because it does not rely on “finality”, as envisaged in the Guide or the international precedents. Damietta International by the Cairo Court of Appeal (as discussed in a prior blog post ).

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A missed opportunity to provide meaningful clarification on state aid analysis of procurement compliance and some problematic ‘obiter dicta’ (C-28/23)

How to Crack a Nut

The State aid Decision made two important explicit points. This part of the dispute concerned the definition of ‘public works contracts’ under Directive 2014/24/EU (issue 1). Framing: Directive 2004/18/EC, Directive 2014/24/EU, or it does not matter? In this post, I will focus on issues 1 and 2.

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Arbitrator’s Bias as a Ground for Challenging a Foreign Award: The Indian Perspective

Kluwer Arbitration

In September 2014, a three-member arbitral tribunal issued the final award (“ Award ”) directing Avitel, its founder, and directors (“ Award Debtors ”) to pay USD 60 million as damages to HSBC. A robust enforcement mechanism is one of the most important features of an arbitration friendly jurisdiction.

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Friday Flash 06/07/2024

The Coalition for Government Procurement

The Coalition for Government Procurement Endowed Scholarship Fund Since 2014, the Coalition has worked with The George Washington University (GWU) to fund and endow a scholarship supporting a veteran who is concentrating their studies in the field of U.S. procurement at the GWU Law School. Williams and Howard W.

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UAE’s Arbitration Law Transformation Through Federal Decree Law No.15 of 2023: Innovations, Ethical Compliance for Arbitrators, and Enhanced Procedural Roles for Arbitral Institutions

Kluwer Arbitration

For example, establishing the threshold for prejudice, setting standards for the recusal of arbitrators, outlining mandatory disclosure requirements, and building a body of precedent will be crucial to providing a comprehensive framework for the qualification of an arbitrator.

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