On 12 February 2024, the Israeli Knesset adopted the long-awaited 2024 International Commercial Arbitration Law (the “New Arbitration Law”). Before the reform, arbitration in Israel was governed by the 1968 Arbitration Law. The main objective of the New Arbitration Law is to adapt Israel’s arbitration regime to international standards. As stated in Section 2(e)(1), in […]
Aceris Law Ranked Among Global Arbitration Review’s GAR 100
Aceris Law LLC, a leading boutique international arbitration law firm, has been included in the prestigious GAR 100, compiled by the Global Arbitration Review (GAR). The GAR 100 is an annual guide that recognizes top law firms worldwide for their excellence and expertise in the field of arbitration. Aceris Law’s inclusion in this esteemed list […]
Fraudulent Arbitrations: A Few Bad Apples?
Arbitration offers parties a flexible, efficient and confidential alternative to traditional litigation for resolving disputes. However, under certain circumstances, these positive aspects of arbitration can be manipulated to nefarious ends. When arbitrations go rogue, it’s less “courtroom drama” and more “crime thriller”. The following three cases of fraudulent arbitrations serve as illustrations of how both […]
Asset Tracing in International Arbitration
There is little point in commencing international arbitration proceedings if recovery on the resulting award will be impossible. Hiring an asset tracing firm may help reduce the risk of arbitration proceedings being in vain. Asset tracing involves a thorough examination of financial records, transactions, and other relevant documentation concerning a counterpart. This process may require […]
IBA Guidelines on Conflicts of Interest in International Arbitration
In February 2024, the International Bar Association (the “IBA”) released the most recent version of the IBA Guidelines on Conflicts of Interest in International Arbitration (the “2024 IBA Guidelines”). The new 2024 IBA Guidelines introduce several notable updates to the previous 2014 version of the Guidelines.[1] Conflicts of interest are important. An undisclosed conflict of […]