Arbitration in Armenia is governed by the Law on Commercial Arbitration (RA Law No. HO-55-N)(the “Armenian Arbitration Act“). The Armenian Arbitration Act provides a modern and coherent legal framework for both international and domestic arbitration, as well as for the enforcement of arbitration awards in Armenian courts. Largely based on the UNCITRAL Model law on […]
Barotseland Challenges Zambia To PCA Arbitration
Our client, the Barotseland National Freedom Alliance, has challenged the Republic of Zambia to PCA arbitration in The Hague to settle the long-running dispute concerning the legal status of Barotseland, a former British protectorate, in a peaceful manner. Under the terms of a bilateral treaty signed in 1964 under the auspices of the United Kingdom, […]
Myanmar becomes the 149th State party to the New York Convention
I am pleased to inform you that the Myanmar, which has been gradually re-entering the international community, has deposited its instrument of accession to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards. With an accession made without any reservation, Myanmar becomes the 149th State party to the Convention, which spans all major […]
Can Russian Investors Initiate Arbitration Against Cyprus to Recover their Losses?
Many Russian depositors are facing losses of up to 40 percent in Cyprus, and are currently considering their legal options. Should one of these options be initiating an investment treaty arbitration against Cyprus for expropriation on the basis of the 1997 Russian Federation-Cyprus bilateral investment treaty, which is included here: IAA-Bilateral-Investment-Treaty-Between-Russia-and-Cyprus. Such a claim could most […]