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Challenge: Despite ongoing government reforms, corruption and inefficient spending remains pervasive in Kazakhstan’s public procurement. Finally, the Anti-Corruption Agency is proactively supporting the development of civic monitoring and has agreed to cooperate with the civil society coalition to monitor procurement.
2023 was a bustling year for the International Council for Commercial Arbitration (ICCA) and the field of international arbitration worldwide, marked by significant legal developments and institutional reforms. These changes significantly influence the process of accrediting arbitrators and the enforcement of arbitral awards.
What are some of the watershed moments from your time as director of AIAC and can you please share your thoughts on what it’s like to be back at the helm as of March 2023? One example is the recent modernisation of the Centre’s institutional ADR rules in August 2023. Let’s talk about the revised AIAC Arbitration Rules (2023).
In 2023, the international arbitration landscape in California continued to develop and grow. 2 nd Annual California International Arbitration Week, and Plans for 2024 In March 2023, California Arbitration (CalArb) and California Lawyers Association (CLA) hosted the 2 nd Annual California International Arbitration Week (CIAW) in Los Angeles.
On 29 November 2023, Professor Kiran N. The program bridged and expanded the discussion that took place at a highly popular program featured in the 2022 edition of WAW on the influence of public international law (“PIL”) on ISDS (read the prior KAB coverage here ). 2001-4, Partial Award, 17 March 2006.
In 2023, investor-State dispute settlement (ISDS) reform has been influenced by growing concerns over climate change and state responsibility. This post summarizes key ISDS and climate change developments that took place in 2023. This led more EU member states to notify their withdrawal.
Rightly or wrongly there is always room for an uneasy fear that there might have been some improper influence affecting the mind of the judge where he lacks independence. The independence of the judiciary is not an empty principle which can be forgotten simply because one thinks that a correct conclusion has been reached.
In 2023, the United States courts expanded the role of international arbitration under existing law and wrestled with the application of new arbitration law and fact patterns. 2023) and Yegiazaryan v. 2023) , which harmonized U.S. This post reviews some highlights and looks forward to developments anticipated during 2024.
Developments in Arbitration-Related Law and Institutions In 2023, our Blog covered shifts within arbitration-related laws and examined novelties in institutional rules, offering insights into the evolving landscape of international arbitration in East and Central Asia. The amendments will become effective in April 2024.
The Draft Code of Conduct for Arbitrators in International Investment Disputes was adopted by UNCITRAL in July 2023. This illustrates the possibility of an arbitrator getting influenced by his counsel role in other cases. It has been prepared to address the major concerns in investment disputes and ensure reform of the ISDS system.
This post provides a recap of notable arbitration-related developments in France in 2023. However, 2023 saw a trend towards the restriction of the scope of this control. On a separate note, in 2023, a number of French investors lodged investment claims against Spain , Morocco , Qatar , and Senegal. In Al-Kharafi v.
The third edition of the annual Uzbek Arbitration Week (UzAW 2023), held in Tashkent, Uzbekistan between 10-15 September 2023, continued its mission to establish Uzbekistan as the preferred seat for arbitral proceedings in the CIS region and beyond. This post provides an overview of the key highlights from the event.
In 2023, Canadian courts were called to rule on a multitude of fascinating issues, including distinguishing arbitration from expert determination ( Clearspring Capital Partners II v. In addition to judicial developments, several initiatives and events enriched 2023. Additional 2023 year in review posts are available here.
However, as the pervasive abuses of direct awards under the emergency conditions generated by the covid pandemic evidenced in virtually all jurisdictions, dispensing with those requirements, checks and balances comes with a very high price tag for taxpayers in terms of corruption, favouritism, and wastage of public funds.
The Singapore International Arbitration Centre (SIAC) returned to Manila in full force in 2023. SIAC appears to be on the frontlines of influencing this progress, having administered cases involving 169 parties from the Philippines with a total sum in dispute in excess of SGD 5 billion in the last five years.
On 23 November 2023, Young Arbitrators Sweden (YAS) held its fifteenth annual Arbitration Day (Sw. The influence of counsel was often more discernible in written witness statements than oral evidence. skiljeförfarandedagen ) at the historic Central Post Office Building (Sw.
Arbitrations evolution has intensified during the time of my editorship and has influenced the ways in which public discourse on arbitration is currently conducted. 2023 (Singapore: World Scientific Publishing Co Pte Ltd. Kamnani : Contemporary Issues in Mediation: Volume 8 edited by Joel Lee et al.,
In 2023, Mongolia held extensive consultations on the draft laws, deepening its engagement with stakeholders and demonstrating a commitment to transparency. These reforms centered on state involvement and equity participation in strategic mineral deposits, and increased national benefits from its rich mineral resources.
Factors influencing these choices include the backing of a robust and pro-arbitration judiciary, comprehensive legislative frameworks, and legal predictability. They further predicted an uptick in construction, ESG, and technology disputes across these regions.
Recent developments, such as potential statutory adjustments in England and Wales influenced by recommendations from the English Law Commission, underscore the need for clarity in governing law determinations. However, in 2023, the Court of Cassation finally reversed its jurisprudence.
The outcome of these cases will significantly influence the role of sanctions in arbitration and reshape the broader legal framework that governs these disputes. Judicial Developments Ongoing legal proceedings in the UK and beyond highlight the evolving landscape of sanctions in arbitration.
The Singapore International Arbitration Centre (“SIAC”) held the SIAC Symposium , its flagship conference, during the Singapore Convention Week on 28 August 2023. It focused on the Draft SIAC Rules, for which there is a public consultation until 21 November 2023.
In April 2023, Sir Geoffrey Vos, Master of the Rolls of England & Wales gave the annual McNair Lecture when he spoke on the future of London as a pre-eminent dispute resolution centre. Crypto, block-chain and AI technology will all influence business transactions over time, meaning the type of disputes will evolve.
Amid concerns over the influence tech companies wield, States are starting to insulate their economies from perceived foreign risks of influence, while seeking to champion home-grown tech juggernauts. These changes have profound political, economic, and societal implications.
The Bahrain Court of Cassation (“Court of Cassation”) recently examined the relationship between arbitration and a pre-required mediation step in its decision of 19 June 2023 in Case No. This understanding may influence the way courts interpret the parties’ agreement in cases of doubt. 815 of 2022.
22-mc-80313-VKD, 2023 U.S. June 5, 2023 ), the court ruled that arbitration was proper for the parties. Notably, Fujitsu partially breaks with precedent in other jurisdictions on how carve-out provisions influence the delegation of arbitrability. In Fujitsu Semiconductor Ltd. Cypress Semiconductor Corp., LEXIS 97717 (N.D.
The divergent conclusions reached in these decisions invite an analysis of the principled bases of this remedy and how they influenced their outcomes. On 11 October 2023, the Court of Appeal published its full reasons for allowing an appeal from Bright J’s judgment, in Deutsche Bank AG v RusChemAlliance LLC [2023] EWCA 1144 ( DBAG ).
In already formally notifying its withdrawal, the UK has therefore put itself into a position where it can no longer influence which version of the ECT it will sail into the sunset. Hence, a continuity of binding obligations could only be established with respect to the treaty prior to its modernization.
The Arbitrator issued two awards: a Liability Award on November 24, 2023, and Costs Award on January 10, 2024, in the Applicant’s favour (together the “ Award ”). There is, therefore, no evidence of any relationship between Firm Capital and the Respondent while the Loan was outstanding that would have influenced the Arbitrator.
The 2023 SCCA Arbitration Rules (commented on in a previous blog post ) increased the threshold amount in dispute for expedited proceedings to approximately USD 1.07 Time will tell how this competitive environment will influence the performance and appeal of these institutions on the international stage. 34 of 2021 (“ Decree No.
Perhaps, underneath all the arbitral extravagance and incalculable network of disturbing corruption lurks a least appreciated cultural milieu worth $11 billion dollars. On October 23, 2023, in the Federal Republic of Nigeria v. Process & Industrial Development , para. Process & Industrial Development , paras. 158-80, 228-306).
In August 2023, the Institute for Transnational Arbitration (“ITA”) published the “Final Report and Recommendations of the ITA Caribbean Task Force” (“ Report ”). There is also the influence of the socialist legal tradition on the legal system in Cuba. The Task Force, when the Report was published, consisted of Calvin Hamilton and Hon.
Paulsson further emphasized the need to maintain ethical standards and avoid the pitfalls of professionalizing arbitration too much, which could lead to a system where decisions are influenced by factors other than merit. Complementing this, the Commercial Transactions Law addresses specific commercial activities.
Mehranvar noted that these observations underscore a concerning trend where countries with greater influence in the creation of the ISDS regime are once again re-writing the (asymmetric) rules, paving the way for the re-legitimization of an inherently flawed system. Canada and E.U.
Analysing the sector-specific trends in arbitration from 2017 to 2023 reveals a dynamic shift in the nature of disputes being addressed. The event also delves into technology’s influence on arbitration, challenges in award enforcement, and the dynamics of international treaty arbitration from an African perspective.
For example, the WIPO Arbitration and Mediation Center, which specializes in the resolution of IP and technology disputes, has recently seen a significant increase in cases – from 71 new cases in 2014 to 679 new cases in 2023.
South African legal jurisprudence has come to enjoy significant influence in an increasingly globalised world where political, economic, social, and legal activities transcend territorial borders. From 2009 to 2017, a total of 21 international arbitrations were registered. Recent rulings further affirm this commitment.
Nevertheless, a growing number of arbitrations revolve around matters like environmental permits, green incentives, the need for a “social license,” and corruption. The availability of ISDS significantly influences investors’ decisions. At least not explicitly. The same holds true for IIAs, which are state-to-state endeavors.
These policy objectives were already reflected in Angola’s National Development Plan for 2018-2022 , and were again reflected in the National Development Plan for 2023-2027. Its focus on sustainability, transparency, and problem-solving represents a new approach that could influence the future of investment agreements worldwide.
Underscoring this urgency, the 28 th Conference of the Parties of the United Nations Framework Convention on Climate Change (also known as the “Paris Agreement”) (“ COP 28 “), held in Dubai in November 2023, called for ambitious goals. She traced its evolution from wood and coal (e.g.,
On 28 November 2023, Justice Humberto Martins, from the Superior Court of Justice (“STJ”) issued a new decision on the duty to disclose. More recently, and after the arbitration was concluded, he was reported to have served as Previc’s chief attorney from April to November 2023. São Paulo: Revista dos Tribunais, 2023.
And there are attributes or properties influencing the interpretability of a model (eg clarity) for which there are no evaluation metrics (yet?). Public procurement is thus increasingly expected to play a crucial gatekeeping role in the adoption of digital technologies for public governance and the delivery of public services.
The ICC’s statistics for 2023 have yet to be published. However, receiving an extended OFAC license in 2023 covering certain sanctions against Russia has greatly facilitated the ICC’s administration of these cases and allowed them to proceed. of the ICC’s total caseload.
Justice Cueva emphasized CBAr’s pivotal role in promoting a dialogue between public and private sectors, citing the 2023 “Arbitration and Judiciary” event at the STJ as an example. In closing, Professor Armesto predicted that arbitration would become increasingly influenced by climate change concerns.
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