New SCC Rules 2023- what has changed?

On 1 January 2023 the revised version of the Arbitration Institute of the Stockholm Chamber of Commerce (now called the SCC Arbitration Institute) Arbitration Rules entered into force on 1 January 2023 (the Revised Rules). The Revised Rules apply to arbitrations commenced on or after that date. The changes to the Revised Rules mainly provide … Read more

NAVIGATING UK SANCTIONS AGAINST RUSSIAN PERSONS IN INTERNATIONAL ARBITRATION

This blog was first published by Kluwer Arbitration and can be found here. Russia’s invasion of Ukraine has created an environment ripe for controversy and disputes, some of which may be resolved in arbitration. While UK sanctions imposed as a result of Russia’s invasion of Ukraine do not generally restrict arbitration proceedings, they may pose … Read more

HKIAC 2022 CASE STATISTICS SHOW STRONG GROWTH AND CONTINUED APPEAL OF HONG KONG AS A LEADING SEAT

The HKIAC’s arbitration caseload reached its highest level for more than a decade last year, according to the institution’s recently released 2022 case statistics.  The figures underline Hong Kong’s continuing international appeal as well as its unique strengths as a seat for China-related disputes.  They also show that Hong Kong’s arbitration third party funding regime, … Read more

TIMOR-LESTE BECOMES THE 172ND STATE TO THE NEW YORK CONVENTION 1958

On 17 January 2023, the Democratic Republic of Timor-Leste (Timor-Leste) became the 172nd state to accede the Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958 (the New York Convention). This accession follows Timor-Leste’s approval of a new legal regime of Voluntary Arbitration, as approved by its National Parliament on 31 March 2021. Read more