Aceris Law LLC is pleased to announce that it has successfully resolved another ICC arbitration on behalf of a Middle Eastern client against a leading Saudi construction company. The arbitration, which was governed by Saudi law, concerned prolongation costs, amongst other construction law-related issues, in relation to a large refinery project located in Saudi Arabia. […]
Arbitration Under the OIC Investment Agreement
Many investors are unaware of the existence of the Agreement for the Promotion, Protection and Guarantee of Investments among the Member States of the Organisation of the Islamic Conference (the “OIC Investment Agreement”) and its provisions regarding dispute settlement. The Organization of the Islamic Conference (the “OIC”; Arabic: منظمة التعاون الإسلامي; French: Organisation de la […]
Aceris Law Successfully Resolves another Construction Arbitration
Aceris Law is pleased to have successfully resolved another ICC arbitration for a Middle Eastern claimant. The dispute involved construction works at a University in the Middle East. The construction dispute was amicably resolved prior to a final award being rendered, with Aceris’ client obtaining the compensation it was seeking in full. “Sometimes parties will […]
Aceris Successfully Resolves Another ICC Arbitration Under Saudi Law
Aceris Law LLC has successfully resolved another ICC arbitration under Saudi Arabian law, obtaining the objectives of its client in full. In the dispute, Aceris Law represented the claimant, a sub-contractor, in a dispute involving breaches of a contract for engineering, procurement and construction activities. The place of arbitration was Paris. Aceris Law has served […]
An Overview of The Saudi Arbitration Law
In the year of 1437 H (2016), the Saudi Center for Commercial Arbitration (“SCCA”) drafted arbitration rules based on the UNCITRAL Arbitration Rules. The Saudi Center for Commercial Arbitration Rules are available here. Arbitration through the Saudi Center for Commercial Arbitration is designed to ensure that the procedure conforms with official Saudi rules and procedures. Arbitration […]