Welcome to the latest edition of our International Arbitration Newsletter. In this issue, our team brings you critical updates and insights across jurisdictions of its key offices. We aim to keep you informed on significant developments and trends that could affect your dispute resolution strategies. Our commitment is to offer you strategic advice and actionable intelligence, helping you navigate the complexities of international arbitration with confidence.
Dublin
Shifting The Playing Field: UEFA adopts Dublin for Arbitration, embracing EU Legal Standards
UEFA now permits arbitration in Dublin under CAS rules for club competition disputes, aligning with EU legal standards post-European Super League ruling.
Hong Kong
HKIAC Launched New Arbitration Rules on 1 June 2024
The HKIAC updated its arbitration rules, aimed at boosting the overall efficiency and integrity of arbitration proceedings administered by HKIAC. The updates showcase the HKIAC’s awareness to modern issues and it responsiveness to the growing demand for effective and efficient arbitrations.
London
UK Withdraws from Energy Charter Treaty
The UK Government has announced its withdrawal from the Energy Charter Treaty, a move that, alongside the EU’s planned exit, signals the treaty's potential end amid criticism that it impedes energy transition efforts, although protections for existing investments will persist temporarily under the sunset clause.
Madrid
Madrid's Emerge as a global arbitration hub
Madrid is emerging as a global arbitration hub, driven by strategic legal initiatives, cultural diversity, foreign investment, and a vibrant arbitration community.
Milan
Spotlight on Milan Chamber of Arbitration’s Proceedings: Unveiling the True Costs
A Milan event hosted by SDA Bocconi and CAM unveiled a study highlighting arbitration's cost-effectiveness, with CAM cases averaging 307 days and €38,000 in costs, underscoring arbitration as a swift, final, and economically advantageous alternative to traditional court proceedings for many disputes.
Paris
An(other) Stand Against Due Process Paranoia: French Court of Cassation Affirms Arbitral Tribunals’ Autonomy in Document Production Decisions
The French Court of Cassation refused to set aside an award in which the arbitral tribunal decided to deny document production requests, affirming the authority of arbitral tribunals in managing procedural matters.
Riyadh
Saudi Arbitration Law Series: Modernization and Global Alignment
The first article in the series outlines the modernization of Saudi Arabia's Arbitration Law through alignment with international standards, offering businesses a predictable and efficient framework for resolving commercial disputes.
Singapore
Singapore International Commercial Court Sets Aside ICC Tribunal’s Award.
The Singapore International Commercial Court set aside an ICC Tribunal's award due to breaches of natural justice, citing apparent bias and the lack of a fair, independent, and impartial decision by one of the arbitrators.
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