In February 2024, the Netherlands Arbitration Institute (“NAI”) published its 2024 NAI Arbitration Rules, which superseded the previously applicable 2015 NAI Arbitration Rules, effective 1 March 2024. The new rules aim to enhance the efficiency, speed and sustainability of arbitrations to better serve the involved parties. The key features of the 2024 NAI Arbitration Rules […]
International Arbitration in the Netherlands
The 2015 Dutch Arbitration Act (the “Dutch Arbitration Act”) governs international arbitration in the Netherlands (please find the original in Dutch, as well as an unofficial English translation). The Dutch Arbitration Act amended Book Four of the Dutch Code of Civil Procedure (“DCCP”) (an English version of Book Four of the DCCP is available here), […]
2022 Revised P.R.I.M.E Finance Arbitration Rules
On 15 November 2021, the Panel of Recognised International Market Experts in Finance (“P.R.I.M.E”) launched its revised P.R.I.M.E. Finance Arbitration Rules (the “2022 P.R.I.M.E Rules”), which came into force as of 1 January 2022, superseding the previously applicable 2016 P.R.I.M.E Finance Arbitration Rules (the “2016 P.R.I.M.E Rules”). The key changes introduced by the 2022 P.R.I.M.E. Rules […]
Final Version of the Netherlands Model BIT Released
Previously, we analysed the main features of the 2018 Draft Netherlands Model BIT and concluded that the instrument could mark a new era in investment arbitration in the Netherlands. The Draft was open to consultation until 18 June 2017. The finalized text was adopted and released on 19 October 2018. The final version of the […]
The 2018 Draft Netherlands Model BIT – The Beginning of a New Era?
The year 2018 may be an important milestone in international investment arbitration concerning the Netherlands due to the 2018 Draft Netherlands Model BIT (the ‘Draft’) . The Draft contains several completely new provisions, absent in the 2004 version, and provides a narrow vision of other provisions in comparison to their 2004 predecessors. We will discuss the […]