When an arbitration agreement provides for arbitration with the Arbitration Institute of the Stockholm Chamber of Commerce (“the SCC”), the parties should bear in mind that they will be required to pay several costs over the course of the proceedings. In the following paragraphs, we will discuss the regime of the advance on costs in […]
Arbitration in Bahrain
Bahrain updated its arbitration law not long ago. Legislative Decree No. 9 of 2015 (the “BAA”) has incorporated the Model Law of the United Nations Commission for International Trade Law (the “Model Law“) in its entirety and included some additional provisions regarding the parties’ representation (Article 6 of the BAA) and arbitrators’ liability (Article 7 […]
Dispute Boards and International Construction Arbitration
1. What Is a Dispute Board? Dispute boards[1] are often found in large construction projects[2] to assist parties in resolving or avoiding disputes and, ideally, preventing such disputes from escalating to international construction arbitration.[3] Dispute boards are purely a creature of contract. This means that normally there will be no supporting statute to regulate the […]
Arbitration in Slovakia
Arbitration in Slovakia has not ceased to develop and adapt itself to international standards since the independence of the country on 1 January 1993. Today, it is a well-recognised alternative dispute resolution mechanism in Slovakia. Below, we address the main features of the legal instruments regulating civil/commercial, as well as investment arbitration, in Slovakia. Civil […]
Arbitration in Armenia
Arbitration in Armenia is governed by the Law on Commercial Arbitration (RA Law No. HO-55-N)(the “Armenian Arbitration Act“). The Armenian Arbitration Act provides a modern and coherent legal framework for both international and domestic arbitration, as well as for the enforcement of arbitration awards in Armenian courts. Largely based on the UNCITRAL Model law on […]