ICC AND SIAC ATTAIN “PERMANENT ARBITRATION INSTITUTION” STATUS IN RUSSIA

On 18 May 2021, the Russian Ministry of Justice granted the status of “Permanent Arbitration Institution” (“PAI”) to the ICC International Court of Arbitration (the “ICC”) and the Singapore International Arbitration Centre (“SIAC”). This is a major development for users of international arbitration in Russia who will now have access to three of the “top-five … Read more

AN “EXCEPTIONAL YEAR” FOR THE LONDON COURT OF INTERNATIONAL ARBITRATION

The London Court of International Arbitration (the LCIA) has released its Casework Report for 2020. The statistics in the Report show an “exceptional year” and a continuing picture of growth for the institution. The statistics also show a gradual “internationalisation” of the LCIA’s caseload while also demonstrating the institution’s long-standing commitment towards improving the diversity … Read more

ARBITRATION OF DIGITAL DISPUTES IN SMART CONTRACTS AND THE RELEASE OF THE DIGITAL DISPUTE RESOLUTION RULES FROM THE UK JURISDICTION TASKFORCE

On 22 April 2021 the UK Jurisdiction Taskforce (UKJT), a government-backed initiative chaired by Sir Geoffrey Vos, Master of the Rolls, and led by LawTech UK, published the Digital Dispute Resolution Rules (the Digital DR Rules). The aim of the Digital DR Rules is to enable the rapid resolution of blockchain and crypto legal disputes, … Read more

New ACICA 2021 Arbitration Rules

The Australian Centre of International Commercial Arbitration (ACICA) has unveiled revised Arbitration Rules due to enter into force in April 2021. As arbitration continues to be on the rise in Australia, and ACICA enjoys record caseloads, the 2021 ACICA Rules set out ACICA’s vision for the future of arbitration. The 2021 Rules further strengthen ACICA’s … Read more

AD HOC ARBITRATION CONTINUES TO THRIVE IN LONDON: THE LATEST STATISTICS

The London Maritime Arbitrators Association (“LMAA”) have now released their latest statistics on ad hoc arbitrations conducted under the LMAA Terms and Procedures. The latest figures reveal that, in the wake of the disruption caused by the Covid-19 pandemic, ad-hoc arbitration in London is continuing to thrive. Read more

HSF CONTRIBUTES UK ARBITRATION CHAPTER TO LEXOLOGY’S GETTING THE DEAL THROUGH

Partner Craig Tevendale, Professional Support Consultant Vanessa Naish and Professional Support Lawyer Rebecca Warder have jointly authored the UK Arbitration chapter to Lexology’s Getting the Deal Through. The Chapter contains expert local insight into the jurisdiction’s arbitration law and institutions, providing essential “need to know” answers to the arbitration issues and questions facing corporations and … Read more

Arbitration is on the rise in Australia

On 9 March 2021, the Australian Centre for International Commercial Arbitration (ACICA) released the inaugural Australian Arbitration Report. The Report analysed data obtained by ACICA and FTI Consulting in the inaugural Australian Arbitration Survey. The Survey collected data on arbitrations commenced, conducted and concluded in the period between 2017 and 2019 with an Australian ‘connection’ … Read more

RISE IN ARBITRATION CASES IN 2020 DESPITE REDUCED VOLUME OF IN PERSON HEARINGS DUE TO CORONAVIRUS PANDEMIC

Most arbitration institutions that have released their statistics for 2020 have reported increased caseloads and/or claim amounts, despite the COVID-19 coronavirus pandemic impacting in person hearings.  The strong demand for arbitration services and the fact that most arbitration institutions were able to move quickly to virtual hearings and avoid costly delays to proceedings establish arbitration … Read more

International arbitration in the South Pacific: a view from Australia

By Brenda Horrigan, Chad Catterwell and Guillermo Garcia-Perrote. International arbitration is gaining ground across the South Pacific region. There are a wide range of benefits brought about by implementing an effective framework for international arbitration across the region, most prominently increased foreign investment opportunities and the economic advantages that brings. Presently, eight countries from the … Read more