The Arbitration and Mediation Act (“Act”) of Ecuador was first enacted in 1997. However, even after amendments adopted in 2015, the legislation contained regulatory gaps and vague terms, which did not allow arbitrators and judges to build a steady body of interpretation. The fact that the country denounced the ICSID Convention in 2009 added further […]
Arbitration in the United Arab Emirates (UAE)
Arbitration in the United Arab Emirates (UAE) is a reliable and efficient method for resolving conflicts in a world where commercial disputes can arise quickly. Known for its dynamic business landscape and international trade, the UAE has embraced arbitration as a powerful means of settling commercial disputes. In this note, we delve into the nuances […]
Arbitration and Third Parties: The Issue of Non-Signatories
Arbitration and third parties is a topic which, over and above its academic relevance, has important practical implications for parties in international arbitration proceedings. The issue of arbitration and third parties may concern situations where a party wishes to refer to arbitration another party that was not part of the main contract and therefore did […]
The 2023 SCCA Arbitration Rules
The Saudi Center for Commercial Arbitration (the “SCCA”) is an arbitration institution established in Saudi Arabia in 2014 with the aim of providing a platform for resolving commercial disputes through arbitration in accordance with international standards. In 2023, in line with its vision to become a “preferred ADR choice in the region by 2030”,[1] the […]
Greece’s 2023 Arbitration Law
On 4 February 2023, Greece passed a new law governing international commercial arbitrations with their seat in Greece, i.e., Law 5016/2023 (“2023 Arbitration Lawˮ) (in English here (unofficial translation), in Greek here, and its Explanatory Report in Greek). The 2023 Arbitration Law (1) replaces the previously applicable Law 2735/1999, which was based on the 1985 version […]