International Arbitration Community Welcomes Argentina and Uruguay’s New International Commercial Arbitration Acts

On July 3, 2018, Uruguay passed its International Commercial Arbitration Act after its upper house, the Chamber of Senators, signed off the draft in May.[1] A day later, it was Argentina’s turn.[2] These enactments mark the final step of a long awaited reform of the Argentinean and Uruguayan arbitration legislations, and finally place them on an equal footing with neighbouring states.

Continue reading