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LIDW 2024: Lawyer (Mis)Behaviour in International Arbitration

Kluwer Arbitration

Dr Baltag first observed that one of the challenges arbitration practitioners are currently facing with regards to ethics and regulation of misbehaviour in international arbitration is the diversity of relevant and applicable standards.

Ethics 52
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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

Anticipating additional caselaw on the definition of a “direct relationship” is both of interest and a potential necessity, as the amended provision introduces ambiguity surrounding this specific definition. What constitutes a “direct relationship” remains unclear, leaving room for various interpretations and potential disputes.

Ethics 52
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JAMS Publishes Artificial Intelligence Arbitration Rules, but Are They Fit for Purpose?

Kluwer Arbitration

JAMS describes these new rules as “clear guidelines and procedures that address the unique challenges presented by AI, such as questions of liability, algorithmic transparency, and ethical considerations.” The breadth of this definition impacts parties that incorporate the JAMS AI Rules into their agreements.

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CBAr 22nd International Arbitration Conference: CISG in Brazil, UNIDROIT Principles in Corporate Arbitrations, and the Arbitrator’s Role in Strengthening Business Contracts

Kluwer Arbitration

Delamuta then compared the concepts of fundamental breach and definitive default provided in the paragraph of article 395 of the Brazilian Civil Code. In business contracts, private autonomy and good faith are polarized by business dynamics, making the arbitrator’s activity even more complex.

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European Commission Publishes Non-Paper of Model Clauses for Member States’ Bilateral Investment Agreements with Third Countries

Kluwer Arbitration

The definition of “ investor ” requires legal persons to engage in “ substantive business operations ” in a host State. This is in line with the CJEU’s ruling in Achmea (C-284/16), deciding that investor-State arbitration under intra-EU BITs is incompatible with EU law. What Is Covered in Their Scope?

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California International Arbitration Week 2024: AI in ADR: Building Consensus Around The Path Forward

Kluwer Arbitration

It requires that parties and their representatives ensure AI-generated submissions are accurate and meet ethical and professional standards. It emphasizes the arbitrator’s responsibility to critically assess AI outputs, ensuring they do not mistakenly take them as definitive sources without independent verification of their reliability.

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Past the Tipping Point? The Diminishing Value of Investment Treaties and Arbitration in the Green Transition Era

Kluwer Arbitration

Risk is inherent to all investments; in fact, the assumption of risk is often included in the definition of “investment” in investment treaties. Regardless of whether this is ethical, is it still solid advice? Not exactly a recipe for a stable investment climate.