Aceris Law is pleased to announce that its client, an Angolan State entity, has succeeded in winning the majority of its claims in an ad hoc UNCITRAL arbitration with its seat in Luanda, Republic of Angola. Its client was also awarded the majority of its costs for bringing the arbitration. The applicable law was Angolan […]
International Arbitration in Angola
Angola, which has one of the largest economies in sub-Saharan Africa, has recently modernized its legislation and is opening up to international arbitration as part of a wider legal reform. Arbitration in Angola is governed by the Law No. 16/03 of 25 July 2003 also known as the “Voluntary Arbitration Law” or the “VAL”. The VAL […]