Remove 2019 Remove Corruption Remove Negotiation
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Worley International Services v. Ecuador: The What, When and How in Corruption Allegations

Kluwer Arbitration

Brigitte Stern and Dr. Andrés Rigo Sureda (President) issued a final award (“Award”) in an investment treaty case PCA 2019-15 (“Dispute”), between Worley International Inc. In this post, we describe the factual background of the dispute and examine the jurisdictional and admissibility issues regarding allegations of corrupt and illegal acts.

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A Governance Revolution or Costly Distraction? Reassessing the promises of blockchain for public procurement governance

University of Bristol

Blockchain’s touted tamper-proofness and potential to enable smart contracts are driving initiatives that seek to create automated ‘trust in trustless environments’ for public sector use cases , in particular concerning activities highly-exposed to corruption risks and/or the automation of administrative procedures devoid of discretion.

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Guiding Cases 199-201 Issued by the PRC Supreme People’s Court—Further Steps Toward a Pro-Arbitration Regime

Kluwer Arbitration

and Singapore 2) For example, under the Payment Services Act 2019 of Singapore , cryptocurrencies are considered digital payment tokens regulated by the Monetary Authority of Singapore. In the authors’ view, that remains an open question. As a case in point, in Sun Dingshang v. As a case in point, in Sun Dingshang v.

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Cross-Fertilisation in International Commercial Arbitration, Investor-State Arbitration and Mediation: The Good, the Bad and the Ugly?

Kluwer Arbitration

The relative paucity of Med-Arb clauses in cross-border contracts involving parties from some parts of the world may also help to explain the relatively few ratifications of the 2019 Singapore Mediation Convention. The overall growth in Med-Arb provisions in ICA has not yet had much impact on investment treaties and therefore on ISA.

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LIDW 2024: The Rise of African Arbitration – Is Africa Leading the Way?

Kluwer Arbitration

A perception of potential bias and cultural differences has expedited this shift, with local parties, often governments or government entities, insisting on local seats in their arbitration clauses when negotiating contracts. Should investors be pushing back on African seat proposals when negotiating arbitration clauses?

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2023 Year in Review: Trends and Developments in East and Central Asia

Kluwer Arbitration

As for Hong Kong, our contributor looked at the four years in practice of the Interim Measures Arrangement, which, since coming into effect in October 2019, has emerged as a preferred method for interim measures between Mainland China and Hong Kong in arbitrations. In this respect, our contributors reported on a conference in Washington, D.C.

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

Kluwer Arbitration

A discussion between economist Gustavo Franco (former President of the Brazilian Central Bank) and arbitrator Maurício Almeida Prado (MAP Negotiation and Arbitration, Partner) ensued, dealing with “Business Contracts and Dispute Resolution in Times of Instability,” particularly in the Brazilian context. 19222/20.1T8LSB.L1-6 Gazprom (2022).