Paris
Simmons & Simmons Spearheads Discussion at Paris Arbitration Week
Simmons & Simmons hosted a thought-provoking discussion on tax-related ISDS disputes at Paris Arbitration Week.
London
Supreme Court to decide on anti-suit injunctions
The Supreme Court has again shown the willingness of the English courts to uphold parties’ agreements to arbitrate, even when the seat of arbitration is not England. The decision (given orally) in Unicredit Bank GmbH v RusChemAlliance upheld a Court of Appeal decision in February that granted an anti-suit injunction against RusChemAlliance to restrain it from progressing a case before the Russian courts, commenced in breach of an arbitration clause.”
Milan
Italian Arbitration Day
Italian Arbitration Day in Rome will gather global experts to discuss international arbitration's role in geopolitical contexts, followed by a networking dinner.
Singapore
Jurisdiction and Digital Contracts: Key Takeaways from the Terraform Labs Case
The Singapore High Court addressed key legal questions in Terraform Labs [2023] SGHC 340 regarding an application to stay proceedings in favor of arbitration. The case centered on whether actions taken in court constitute a “step in the proceedings” under the new Rules of Court 2021, and if arbitration agreements formed online through terms linked by hyperlinks are valid.
Hong-Kong
Navigating Multiple Contracts: Hong Kong Court sets aside HKIAC Tribunal’s award on jurisdiction
In a pivotal decision, a Hong Kong court has invalidated the jurisdictional ruling of a Hong Kong International Arbitration Centre (HKIAC) Tribunal concerning its authority to arbitrate disputes linked to both a loan agreement and an associated promissory note.
Dublin
Ireland and the Comprehensive Economic and Trade Agreement between the European Union and Canada (CETA).
Irish Supreme Court requires changes to the Arbitration Act for CETA ratification, posing uncertainties for Ireland's future with CETA.
Dubai
Dubai Courts cast doubt on recoverability of legal fees in ICC arbitration
In a recent judgment, the Dubai Court of Cassation (DCC) has refused to enforce part of an ICC arbitration award, holding that the ICC Rules do not authorise a tribunal to award a party’s legal costs as part of its final award. The decision is the latest in a series of judgments on the issue of legal fees in arbitration and highlights the need for parties in UAE-related arbitrations to ensure their arbitration agreements comprehensively set out the intended powers of the tribunal.
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