Laws, treaties and soft law

EU confirms arbitration carve-out in sanctions regime

Arbitral institutions have welcomed a clarification by the European Union that transactions with Russian state-owned entities are exempt from its sanctions regime where they are strictly necessary to ensure access to arbitral proceedings.

26 July 2022

Africa Arbitration Academy publishes model BIT

The Africa Arbitration Academy has published a model bilateral investment treaty for states on the continent, with a focus on innovation, sustainability and “Africanisation”.

26 July 2022

A look at ICSID’s new transparency rules

Gary Shaw of Pillsbury in Washington, DC, considers the recent amendments to ICSID’s transparency rules that took effect at the start of this month, arguing they provide greater access to arbitration while preserving party control.

13 July 2022

Reactions roll in to ECT modernisation

Practitioners have shared their insights with GAR after contracting states to the Energy Charter Treaty agreed to a sweep of “modernisations”, including the withdrawal of protections for fossil fuel investments and amendments to prevent intra-EU claims.

29 June 2022

ECJ dismisses London award in oil spill saga

Following what is thought to be the last reference from an English court pre-Brexit, the European Court of Justice has ordered that an €855 million Spanish court judgment over an oil spill in the Atlantic must be enforced in England and denied the jurisdiction of a sole arbitrator who issued “irreconcilable” rulings years earlier.

24 June 2022

ECJ refuses to rule on ECT amendments

The European Court of Justice has declined Belgium’s request to rule on the compatibility of proposed amendments to the Energy Charter Treaty with EU law, saying said it would be “premature” to do so while changes are still being debated.

17 June 2022

US Supreme Court restricts discovery in foreign arbitrations

The US Supreme Court has issued a landmark ruling that parties cannot seek discovery for foreign commercial and investor-state arbitration in federal courts – bringing an end to a long-standing circuit split.

13 June 2022

“Our hands are tied”: US appeals court reluctantly upholds Guatemalan hydro award

A US appeals court has reluctantly dismissed a bid to annul a US$7 million ICC award concerning a Guatemalan hydroelectric project, finding it is bound by previous rulings in which it has “gotten it wrong” on the key issue, despite them clashing with Supreme Court precedent.

08 June 2022

Nigeria passes new arbitration law and allows funding

Practitioners in Nigeria are celebrating after the country passed a new arbitration and mediation law including new provisions on arbitrator immunity, interim measures and third-party funding.

16 May 2022

Legal finance and success fees in arbitration

As Hong Kong’s legislature considers a bill to allow success fees in arbitration, Kathryn Sanger and Briana Young of Herbert Smith Freehills and Emily Tillett of Burford Capital consider how such fee structures may intersect with the legal finance industry.

13 May 2022

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