On 8 October 2020, the ICC released an unofficial revised version of its Arbitration Rules (the “2021 ICC Rules”). The text of the draft 2021 ICC Rules remains subject to editorial corrections prior to its official launch in December 2020. The 2021 ICC Rules will take effect on 1 January 2021 and apply to all […]
Arbitration in Kenya
Arbitration in Kenya is governed by the Arbitration Act, No. 4 of 1995 and its subsequent amendments (the “Kenyan Arbitration Act” or the “KAA”). While the KAA was initially a mirror image of the 1985 version of the UNCITRAL Model Law on International Commercial Arbitration (the “UNCITRAL Model Law”), it was subsequently amended in order […]
ICSID Caseload – Statistics for Fiscal Year 2020
On 14 August 2020, the International Center for Settlement of Investment Disputes (“ICSID”) published its newest case report, ICSID Caselaw – Statistics (Issue 2020-2), providing data on new cases for the fiscal year 2020 (“FY2020”), i.e., until 30 June 2020.[1] ICSID publishes its reports on ICSID caselaw statistics bi-annually, examining all ICSID cases since the […]
Aceris Law Successfully Resolves ICC Arbitration against Saudi Arabian Construction Company
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. […]
Aceris Law Successfully Resolves SIAC Arbitration Involving Nine Parties
Aceris Law LLC is pleased to announce that it has successfully resolved another SIAC arbitration on behalf of two respondents and counterclaimants, one located in France and another located in East Asia, in a dispute with seven entities and individuals governed by Japanese law. The dispute, which concerned a joint venture spanning multiple advanced technological […]