The 1975 Inter-American Convention on International Commercial Arbitration, also known as the “Panama Convention“, is a significant multilateral agreement of which not all in the arbitration community are aware. The Convention was open to signature by all 35 Members of the Organization of American States (OAS) and entered into force on 16 June 1976. This […]
Judgment-Proof Claimants in ICSID Arbitration
The issue of judgment-proof claimants in ICSID arbitration has recently been a focus of attention. As a matter of fact, the Republic of Panama sent a memorandum to ICSID on 12 September 2016, available below, exposing the difficulties of sovereigns being unable to collect costs awards in their favour and requesting the ICSID to examine […]
Alejandra Delfin | El recurso de nulidad y la recepción de la jurisprudencia en la Decisión de los Comités Ad Hoc
Alejandra Delfin: El recurso de nulidad y la recepción de la jurisprudencia en la Decisión de los Comités Ad Hoc. Su concepción a la luz de un caso reciente en el CIADI [Revista de Derecho Administrativo (ReDA) #84, Ed. Lexis Nexis – Abeledo Perrot. Buenos Aires, Argentina. Pages 1817/1829. December 2012. ISSN 1851-0590] 1.- Introducción […]
States That Are Not Parties To The New York Convention
The Convention on the Recognition and Enforcement of Foreign Arbitral Awards, commonly called the New York Convention, entered into force on 7 June 1959 and is the bedrock of modern international arbitration. This important international convention requires courts of the 159 contracting States (with Sudan becoming the latest member in 2018) to give effect to […]