02 March 2017
The easing of sanctions as a result of the 2015 Iran nuclear deal has opened up the Iranian market to foreign investors in a manner not seen since before the Iranian Revolution of 1979. Richard Devine, Patrick Murphy and Daniel Smith, partners and associate at Clyde & Co in Dubai, consider the likely role of international arbitration in resolving disputes featuring oil companies under the new regime, should it survive the Trump administration.
24 February 2017
UPDATED.Qatar has a new arbitration law based on the UNCITRAL Model Law that is intended to pave the way for greater foreign investment and ease of doing business and will apply to arbitrations already under way.
22 February 2017
Some counsel in the United Arab Emirates are expressly referring to article 257 of the jurisdiction's revised penal code, which states that arbitrators can be imprisoned for lack of independence, in "a transparent attempt to intimidate tribunals" said Michael Black QC in a lecture in Dubai yesterday.
22 February 2017
Ongoing problems with the enforcement of awards and questions over the ability of freezones to act as "conduit jurisdictions" are damaging the United Arab Emirates' reputation as a seat, argued Michael Black QC in a keynote address in Dubai yesterday.
17 February 2017
Bernardo Cremades has outlined the characteristics of arbitration in highly regulated sectors such as energy, telecoms, pharmaceuticals and banking and finance – noting the difficulty of “reconciling the private nature of arbitration with the public functions of the regulator”.
16 February 2017
With globalisation and the surge of nationalist sentiment in many economically important states, the future of international investment law could be at a critical crossroads, argued one of the most prominent voices in the field, Michael Reisman, in Miami this week.
08 February 2017
Gary Born has highlighted the lack of a level playing field in the selection of tribunal members – with young lawyers or those from the developing world less able to pick well – and spoken in favour of having publicly available feedback on arbitrators as “a substitute for experience".
06 February 2017
Columbia Law School professor George Bermann finds positive and troubling aspects in a recent Second Circuit decision that gave a group of Brazilian companies a second chance to pursue enforcement of an ICC award against alleged alter egos of the award debtor.
31 January 2017
In a paper based on a well-received speech in Helsinki, the former deputy secretary of the ICC International Court of Arbitration Jennifer Kirby has described the quest for fast, cheap and good arbitration – as elusive, or perhaps mythical, as the unicorns she loved as a little girl.
27 January 2017
Drawing on his experience of appearing in Californian courts, George Davidson, senior counsel at Hughes Hubbard & Reed in New York, makes the case that arbitrators should issue a draft of their intended award to the parties a few days before it is due so that errors can be pointed out and corrected and a better quality of justice delivered.