International Arbitration Newsletter - September 2023

The Arbitration cross-border group is delighted to share with you the latest news in International Arbitration across its key offices.

26 September 2023

Publication

Paris

Paris to host two ICC-focused arbitration conferences in October

Paris is set to host two ICC-focused arbitration conferences in October: while the first will deal with the publication of ICC awards, the second will offer arbitration practitioners the unique opportunity to discuss current challenges and future prospects of ICC arbitration with current and former Presidents of the ICC International Court of Arbitration.

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London

Arbitration Act changes: draft legislation published

The Law Commission, the statutory independent body that conducts research and makes recommendations to the government on ways in which to improve the law, has finalised its recommendations for changes to the Arbitration Act and published draft legislation to effect this.

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Amsterdam

The Hague Court of Appeal refuses recognition and enforcement of a USD 14.92 billion foreign arbitral award

The Hague Court of Appeal was requested to recognise and enforce a USD 14.92 billion arbitral award. The court -- taking into account parallel proceedings conducted in Paris and Madrid - refused granting the request on three separate grounds.

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Dublin

Dublin International Arbitration Day 2023

The 11th annual Dublin International Arbitration Day, Ireland's leading conference on international arbitration, will take place at the Distillery Building Dublin on Friday, November 17 2023.

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Milan

An interview given by, the director of the Milan Chamber of Arbitration, Mr. Stefano Azzali, demonstrates that national and international arbitration proceedings seated in Italy are experiencing considerable growth -- which underscores a promising future for arbitration in Italy.

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Singapore

Singapore International Commercial Court dismisses applications to set aside arbitral awards: CNA v CNB and anor and other matters [2023] SGHC(I) 6

The Singapore International Commercial Court dismissed applications to set-aside arbitral awards, recalling the importance of fundamental arbitration principles such as party autonomy and separability of arbitration clauses.

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Hong Kong

Hong Kong Court rules arbitration agreement no longer operable and reinstates state court proceedings

The first instance court in Hong Kong reinstated court proceedings after it had ordered that they be stayed in favour of arbitration proceedings, finding that the arbitration agreement was no longer operable vis-à-vis the dispute between the parties after the arbitral tribunal found that it lacked jurisdiction over said dispute.

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Saudi Arabia

New KSA Civil Code and SCCA arbitral rules

The introduction of both a new civil law and new arbitration rules in Saudi Arabia this summer marks a significant and positive change to the Kingdom's legal landscape, giving greater contracting certainty for businesses.

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