Arbitration in Afghanistan is governed by the Commercial Arbitration Law of Afghanistan, published on 30 January 2007 (Official Gazette No. 913)(the “Arbitration Law“). The purpose of the Arbitration Law, which was part of a wider legal reform aimed at attracting foreign investment and making Afghanistan a more business-friendly environment, was to facilitate and encourage prompt, […]
Arbitration in Malaysia
Arbitration in Malaysia is governed by the Malaysian Arbitration Act 2005 (“Arbitration Act”)(Act 646). The Arbitration Act is a modern arbitration law based on the UNCITRAL Model Law on International Commercial Arbitration, which came into force on 15 March 2006, repealing the Arbitration Act 1952 (Act 93) and the Convention on Recognition and Enforcement of […]
Aceris Law Succeeds in UNCITRAL Arbitration Representing Angolan State Entity
Aceris Law is pleased to announce that its client, an Angolan State entity, has succeeded in winning the majority of its claims in an ad hoc UNCITRAL arbitration with its seat in Luanda, Republic of Angola. Its client was also awarded the majority of its costs for bringing the arbitration. The applicable law was Angolan […]
Arbitration in Brazil
Arbitration in Brazil is governed by Federal Act No. 9.307/1996, amended by the Act No. 13.129/2015 (the “Brazilian Arbitration Act” or “BAA”). Brazil was long seen as the “black sheep” of international arbitration until the ratification of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “New York Convention”) in 2002 and […]
How to File an ICSID Request for Arbitration
The filing of a Request for Arbitration before the World Bank’s International Centre for Settlement of Investment Dispute (the “Centre” or the “ICSID”) is a crucial and relatively straightforward step. In 2019, the ICSID Secretary-General received 39 requests for arbitration.[1] Almost all arbitration rules, including the ICSID Arbitral Rules,[2] provide that a party wishing to […]