Joyce Fong Fogwill’s Post

The Guidelines were first published by the IBA in 2004 and were revised in 2014. The latest 2024 edition of the Guidelines is the culmination of an in-depth survey undertaken by the IBA Arbitration Guidelines and Rules Subcommittee in 2022, followed by a public consultation.   The 2024 edition of the Guidelines address these areas by providing further clarification, context or examples to the existing rules, without materially changing the substance or spirit of the earlier editions.   In this article, we outline the relevant changes introduced by the 2024 edition. https://lnkd.in/gTfug2z8

The Hong Kong International Arbitration Centre (HKIAC) new 2024 Administered Arbitration Rules (2024 Rules) came into force on 1 June 2024. The 2024 Rules aim to enhance efficiency, flexibility and innovation in HKIAC arbitration. The amendments largely build on, rather than alter, the previous 2018 Rules. In this article, Paul Starr, Felicity W.Y. Ng, Sian Knight and Olivia Jones set out the most significant amendments, with practical insights on what the 2024 Rules will mean for practitioners and arbitration users. https://ow.ly/j19550SwF1c

We're happy to announce that the 2024 edition of the guide "Challenging and Enforcing Arbitration Awards," published by the Global Arbitration Review, has just hit the shelves! Dive into a wealth of practical insights as our arbitration experts Hakim Boularbah, Olivier van der Haegen and Anaïs Mallien unveil a comprehensive Q&A format, shedding light on the local approach and requirements for the enforcement and challenge of arbitration awards in Belgium. Feel free to consult our Q&A here: https://lawand.tax/3QY6XBZ #arbitration #litigation #award #internationalarbitration

Welcome to the 43rd lecture of this lecture series on international arbitration practice. This lecture is a part of Chapter 3 on responding to notice invoking arbitration and defences. In the last lecture, we discussed drafting a response to the notice of arbitration through the Response to the Notice of Arbitration in Nord Stream 2 AG v. The European Union, PCA Case No. 2020-07, 24 October 2019. We discussed the introductory and the procedural aspect portions of the Response. In this lecture, we examine the remaining portions of the Response. #Internationalarbitration #internationalinvestmentlaw

THAC Thailand Arbitration Center Center Seeks Public Feedback on THAC Arbitration Rule Amendments https://lnkd.in/g6Me2Kun The Thailand Arbitration Center (THAC) is inviting the public to participate in a survey to gather feedback on proposed amendments to the THAC Arbitration Rules. In order to improve efficiency and reduce costs of the arbitration process, THAC is in the process of seeking comments from stakeholders to commence drafting of the second edition of the arbitration rules before public consultation. In this process, we invite all stakeholders to contribute to the development of the second edition of the aforementioned rules.

The Compromisory Clause In International Contracts by Gustavo Cuevas Manriquez from Cuevas Abogados In contracts in which the parties have domiciles in different countries, it is essential to submit any disputes that arise to arbitration. Given the cost of international arbitration, it is advisable to agree it in contracts of a relevant amount. It is common that in the negotiation of these contracts this aspect of the contract is not given importance. #compromisory #clause #international #contracts https://lnkd.in/dvv8vTVN

Houston-based Will Russell recently authored an article on a Fifth Circuit decision that considered the issue of where to draw the line between a permissible correction of computational errors in an arbitration award and an impermissible substantive reconsideration of the award. Read the article in full below. This content was published in LexisNexis Mealey’s International Arbitration. #internationalarbitration #arbitrajeinternacionale #ReedSmithIA

Did you know that the International Arbitration Chamber of Paris has new Arbitration Rules?   In force as of 1 June 2024, the new CAIP Arbitration Rules revamp both the ordinary and expedited arbitration procedures and bring important clarifications on the joinder of additional parties (Article 24), the consolidation of arbitrations (Article 25) and the optional second level of jurisdiction (Appendix 1).   Moreover, they provide guidelines for the calculation of arbitration fees and the determination of the amount in dispute (Appendix 1).   Take a look at the 2024 CAIP Arbitration Rules and discover all the new features!

Explore our latest article on the 2022 ICSID Arbitration Rules, marking the first major update since 2006. Discover key takeaways, including mandated case management conferences, new expedited arbitration procedures, and transparency in third-party funding. The rules also introduce security for costs protocols and options for mediation and fact-finding, transforming dispute resolution efficiency. Unlock vital insights into these transformative changes: https://lnkd.in/gaapftDk.

The International Bar Association has just unveiled the 2024 IBA Guidelines on Conflicts of Interest in International Arbitration. These updated guidelines retain their two-part structure, setting out essential standards for arbitrator impartiality, independence, and disclosure, while also offering practical applications of these standards. The latest revisions aim to bring greater clarity to conflict of interest issues and provide clear guidance on how to address them effectively. Click here to read more: https://lnkd.in/g76HQeJG. This Arbitration Update is prepared by Wong Wen Sheng 黄稳晟. For more information, please reach out to your usual contact from our Arbitration Practice Group (https://lnkd.in/gp3hZ3pt). #shearndelamore #IBAGuidelines #internationalarbitration #conflictofinterest