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08/L-209 on Sustainable Investments (hereinafter, the “2024 Law on Sustainable Investments”). Significant changes to the protection of foreign investors and their investments were introduced with the 2024 Law on Sustainable Investments which entered into force in September 2024. Kosovo Law No.
On Monday 18 March 2024, ESSEC Business School and EFILA co-organized a panel discussion within the framework of the Paris Arbitration Week (“PAW”) 2024, discussing the interactions between Human Rights, Environmental, Societal and Governance (“ESG”), Civil Society and investment arbitration. The event was hosted by Prof.
Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. In 2024, governments face challenges when they buy technology, Cunningham tells Co-op Solutions. The firm offers solutions for cities , other governments and corrections.
The Delhi Arbitration Weekend (“DAW”) 2024 that took place from 6 to 10 March 2024 witnessed two back-to-back panels on Investor-State Dispute Settlement (“ISDS”). Subramanian , looked at the state of ISDS in 2024. ISDS in 2024 The Current State of ISDS: A State’s Perspective Justice V. Sundaram (Senior Advocate), J.
As part of the 2024 Paris Arbitration Week (“PAW”), Curtis, Mallet-Prevost, Colt & Mosle LLP hosted a webinar on “Amplifying the Voices of Developing States in ISDS Reform.” Some are negotiating their investment treaties, particularly free trade agreements (“FTAs”), collectively as a bloc to level the playing field.
Columbia Arbitration Day (“CAD”) was held on 1 March 2024 at the Skyline Level of Columbia’s Faculty House. Clients see value in AI replacing routine tasks but are skeptical of using it in high-level work, such as in M&A negotiations.
This article therefore discusses the importance of the rule of law in arbitration, evaluating how arbitration already defends the rule of law and provides some thoughts about balancing the rule of law in arbitration to avoid an antithetical outcome.
On 6 June 2024, Hogan Lovells and Twenty Essex co-hosted a London International Disputes Week (“LIDW”) event on the topic “ How Can Investment Protection Contribute to the Energy Transition? “ The event brought together leading experts to discuss the intersection of investment law and the global shift towards sustainable energy.
The Supreme Court decision of January 24, 2024 granted the exequatur of a foreign arbitration award and authorized it to be enforced in Chile (the “Decision”). After lengthy negotiations, on June 29, 2020, the parties agreed to annul the Contract, signing an agreement called “Termination and Cancellation Notice”.
On 15 October 2024, Norton Rose Fulbright hosted a breakfast panel discussion on the topic of “ Hot Cakes and Hot Takes: Trends and Developments in Asia’s Energy Sector ” in Brisbane as part of Australian Arbitration Week. By contrast, Australian clauses often include a last step of arbitration if a negotiated price cannot be agreed.
One solution is for legal teams to establish record processes at the time contracts are being negotiated. The negotiation team being most of the time different from the executing team, gathering all relevant knowledge about a case or a contract requires an in-house counsel to grab information from other persons involved in the project.
The importance and positive contribution of public procurement law to the adequate management of public funds may seem difficult to appreciate in ordinary times, and there are recurrent calls for a reduction of the administrative burden and bureaucracy related to procurement procedures, checks and balances.
The final texts of the Codes were recently issued in February 2024 ( see the final texts of the Code for Arbitrators here and for the Code for Judges here ). Professor Giorgetti also noted the lengthy negotiation process of the Codes and underscored the potential for divergence in ethical rules arising from their bifurcated nature.
That said, the best procurement teams are great at finding the balance between leveraging vendor expertise while staying impartial in their decision making. 2024 issue of Government Procurement. These partnerships can be powerful tools for increasing implementation speeds and meeting aggressive sustainability goals.
In December 2016, the AU passed the Pan African Investment Code (“PAIC”) —the first continent-wide model investment treaty—to promote sustainable development and “achieve overall balance of the rights and obligations between Member States and the investors under the Code.”
In a legal context, elements of emotion AI are already being used in negotiation and mediation processes (e.g., AI-powered chatbots used by Walmart to negotiate with suppliers). On balance, emotion AI should be embraced, albeit within responsible and ethical boundaries.
But the EU’s submission and the September meeting are no more than stepping stones to initiate negotiations at MC13. Needless to say, we are still far from a negotiated outcome. Several informal meetings are being held in Geneva to streamline the work programme for MC13.
Thirty-one of these are Latin American and Caribbean (LAC) countries, and they are currently working to ensure that the voluntary political agreement translates into international conventions and domestic legislation so that the package can take effect in 2024 as announced recently by OECD in Davos.
2024 marked a period of several significant developments and witnessed some firsts for the African arbitration community. This post first examines the gender balance and emerging arbitration hubs in Africa (Section 1). Just before the close of the year, Uganda passed into law the Arbitration and Conciliation (Amendment) Act 2024.
2024 appeared to be one of the busiest years for investor-State dispute settlement (ISDS) reform, with significant advances in the United Nations Commission on Trade Law (UNCITRAL) Working Group III discussions and the adoption of the modernized Energy Charter Treaty (ECT). Gn nvars post, Meaningful Consensus or Delaying Disagreements?
Security for costs –– a balancing act Following welcome remarks from Caroline Falconer, Secretary General of the SCC, Dr Baltag introduced the topic of security of costs as being one of the timely topics currently addressed in international arbitration. Stockholm University and member of the Board of the SCC.
The judgment of the Singapore International Commercial Court (the Court) in DJO v DJP and others [2024] SGHC(I) 24 ( DJO ) provides helpful guidance on when an award may be set aside for breach of natural justice. Facts In 2015, DJO was negotiating various contracts for the operation of a network of railway lines in India.
On 3 December 2024, the Energy Charter Conference (Conference) officially adopted the modernised version of the Energy Charter Treaty (ECT or Treaty), following an agreement in principle reached in June 2022. Hirose assumed her current position in February 2024, after having served as a Deputy Secretary General since 2021.
In May 2024, an LCIA tribunal issued an award in a multi-million-dollar arbitration involving the construction, operation, and service provision of a coal transportation and storage system. On August 23, 2024, the Claimants filed a petition before the U.S. The Tribunal issued its award in May 2024.
Due to the short timelines of emergency arbitration proceedings, an application filed during an inconvenient time of year can compel even the most intransigent parties to come to the negotiation table. He observed that a mere (but credible) threat of emergency arbitration often serves as a powerful tool to de-escalate conflicts.
On October 14, 2024, CAM-CCBC hosted the XI edition of its Arbitration Congress in São Paulo. He presented an overview of the institution’s recent achievements: 100 new arbitrations in 2024 alone, and a significant partnership with JusMundi to publish selected arbitration awards—more on that later.
2024) (“ Berman “) , which challenges the enforceability of arbitration agreements that may be seen as unfair to consumers. Procedurally, the clause was embedded in fine print and drafted in a way that disadvantaged the consumer, making it difficult to understand or negotiate. Freedom Financial Network , 13 Cal.
If we only look at international arbitrations with no Swedish parties, disputes initiated between 2020 and 2024 were, on average, concluded within 13 months. Each decision is tailored to the specific circumstances of the case, ensuring a balanced, competent, and diverse tribunal. We are looking forward to compiling the 2024 statistics.
This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers. The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms.
Notably, DoD released a final rule on November 15, 2024 to update DFARS 212.371 to add the contract clause at DFARS 252.204-7012, along with other DFARS cybersecurity clauses, to the list of solicitation provisions and contract clauses that are inapplicable to contracts for the acquisition of COTS items. 89 FR 102448.
Majority of Tariffs Paused for 90 Days NPR reports that the majority of country-specific tariffs have been paused for 90 days in order to allow for negotiations. The report urges a balanced approach that fosters competition while also leveling the playing field by blunting Chinas non-market actions. biotechnology sector.
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