Welcome to the eleventh issue of Inside Arbitration.
We are delighted to share with you the latest, new look issue of this publication from Herbert Smith Freehills’ Global Arbitration Practice.
Herbert Smith Freehills and the Campaign for Greener Arbitrations are delighted to invite you to attend our webinar on Sustainability in Arbitration. Environmental sustainability is not a new subject, but is one that is increasingly at the forefront of government and corporate strategy and headlining the papers, as grappling with climate change has become a global priority. Every industry is impacted, including arbitration, and every industry is able to reduce its carbon footprint.
On 3 February 2020, the Seychelles became the 162nd State party to the 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “New York Convention“).The Seychelles is the latest state to have joined the New York Convention framework following the most recent accessions of Papua New Guinea, Maldives, Cabo Verde and Sudan.
The United Nations Commission on International Trade Law’s (“UNCITRAL“) Working Group III (Investor-State Dispute Settlement Reform) (“WGIII“) has published its report (the “Report“) on the work conducted between 14 and 18 October 2019 during its 38th session. The Report provides details about the discussions around three issues in particular: (i) the establishment of an advisory centre; (ii) a code of conduct for decision-makers; and (iii) third-party funding.
We discuss the content of that Report in our new blog piece, published on our Public International Law blog here.
For more information, please contact Christian Leathley, Partner, Andrew Cannon, Partner, Helin Laufer, Associate or your usual Herbert Smith Freehills contact.
In October 2019, the European Commission (the “Commission“) presented four proposals (the “Proposals“) to the Council of the European Union (the “Council“) with specific rules to establish the Investment Court System (“ICS“) envisaged under the EU-Canada Comprehensive Economic and Trade Agreement (“CETA“). If the Council and the EU Member States approve the Proposals, the EU will seek to agree them with Canada. The Proposals would enter into force upon the ratification of the CETA by all EU Member States.
We discuss the content of those proposals in our new blog piece, published on our Public International Law blog here.
For more information, please contact Andrew Cannon, Partner, Iain Maxwell, Of Counsel, Helin Laufer, Associate or your usual Herbert Smith Freehills contact.
In October 2019, the Arbitration Institute of the Stockholm Chamber of Commerce (“SCC”) issued revised arbitrator’s guidelines (the “Guidelines”). The Guidelines cover questions frequently raised by arbitrators on case management, costs, timelines, appointment and use of administrative secretaries, VAT issues, and the contents and structure of final awards. In addition, the Guidelines provide explanations as to the use of the new SCC Platform, which is a new secure digital communication and file sharing platform used in SCC arbitrations.