FINALITY IN ARBITRATION: A TRIBUNAL’S MANDATE TERMINATES UPON DISPOSING OF ALL ISSUES IN DISPUTE, UNLESS IT EXPRESSLY RESERVES ITS JURISDICTION TO REOPEN ITS AWARD

An arbitrator ordered a party to pay certain sums to the counterparty if the counterparty proved sufficiently that it had incurred those expenses.  Could the arbitrator reopen the case later to decide if the condition had been satisfied? Singapore’s Court of Appeal decided in Voltas Ltd v York International Pte Ltd [2024] SGCA 12 that … Read more

DUBAI’S NEW JUDICIAL AUTHORITY: WHAT YOU NEED TO KNOW

Introduction On 18 April 2024, the Ruler of Dubai established the new Judicial Authority for Resolving Jurisdictional Conflicts between the DIFC Courts and the Judicial Bodies in the Emirate of Dubai (the “New Judicial Authority”). The New Judicial Authority was established by Dubai Decree no. 24 of 2024 (the “New Decree“), and replaced the previous … Read more

Register to attend London International Disputes Week 2024 (3 – 7 June)

Now in its fifth year, the much-anticipated London International Disputes Week (LIDW) 2024 will be taking place on 3-7 June 2024, bringing together legal experts from around the globe to engage in insightful discussions on the key trends, themes and talking points in the dispute resolution world. The theme for LIDW24, “Uniting for global challenge … Read more

HKIAC launches updated rules

The Hong Kong International Arbitration Centre (HKIAC) has released its new 2024 Administered Arbitration Rules (2024 HKIAC Rules), which will come into effect on 1 June 2024. The new rules were announced on 3 May 2024 against the backdrop of the 2024 Congress of the International Council for Commercial Arbitration being held in Hong Kong … Read more

Key 2023 statistics from major PRC arbitral institutions: A comparative overview

Most of the leading arbitral institutions in the Mainland PRC experienced strong growth in 2023, according to the most recent statistics. Key themes include: generally substantial increases in the number of new cases and the total amount in dispute; increases in the number and proportion of foreign-related cases (which represented 25% of the total value … Read more