As the year begins, many in the construction industry are reviewing the disputes, claims, and lessons that shaped their projects in 2025. International construction arbitration continues to be demanding, shaped by technically complex records, evolving contractual frameworks, and growing expectations for timely and fair resolution of disputes. Looking ahead, several issues will continue to dominate […]
Aceris Law Secures Another Decisive Victory in an ICC Arbitration Under Swiss Law
Aceris Law is pleased to announce the successful representation of a Croatian company in an ICC arbitration against an Italian counterparty arising from a major industrial construction project in the energy and petrochemical sector in Croatia. The Arbitral Tribunal issued a final award fully upholding the client’s claims, awarding the vast majority of costs in […]
Arbitration in Croatia
Arbitration in Croatia has developed into a credible dispute resolution mechanism, particularly for commercial disputes involving foreign parties. As a signatory to major international arbitration conventions, Croatia offers a legal framework broadly aligned with international standards, while retaining certain local particularities that practitioners should be aware of. Legal Framework Arbitration in Croatia is primarily governed […]
Back-to-Back Clauses in Construction Arbitration
Back-to-back clauses are a common feature of large international construction projects, particularly in the infrastructure and energy sectors, where works are delivered through multi-tiered subcontracting structures. In such arrangements, employers and subcontractors have no direct contractual relationship, a separation commonly referred to as the principle of privity of contract.[1] As a result, this contractual structure […]
Liquidated Damages and Penalty Clauses in International Arbitration
In international contracts, parties seek above all predictability and effective control of risk. One of the most powerful contractual mechanisms to achieve both objectives is to include a pre-agreed damages clause, commonly referred to as a liquidated damages or penalty clause. Such provisions fix in advance the sum payable where a party fails to perform […]