BAC Newsletter Issue 27
 
 
   
   
   
   
   
BAC News
Information
Comment
Focus
New Laws
 
 
Information
 
   
 

Domestic:

1. New Rules of the China International Economic and Trade Arbitration Commission Implemented since May 1
The Arbitration Rules was approved by the China Council for the Promotion of International Trade (China Chamber of International Commerce) in February of 2012 and will be implemented on May 1, 2012. The Rules will be uniformly applicable to the China International Economic and Trade Arbitration Commission and its sub-commissions.
http://cn.cietac.org/notes/notes085.shtml

2. Establishment of the Dalian International Shipping Arbitration Court
The Dalian International Shipping Arbitration Court, located at the Dalian International Shipping Market, was established on April 26. It will provide strong legal support for the construction and the development of soft power of the northeast international shipping center in Dalian.
http://www.ln.gov.cn/zfxx/qsgd/dls/zh/201204/t20120428_866872.html

3. The 2012 National Arbitration Work Symposium Held in Beijing
From April 23 to 24, 2012, the 2012 National Arbitration Work Symposium, prepared and organized by the State Council, was held in Beijing and attended by representatives of 50 arbitration organizations in Shanghai, Guangzhou, Shenzhen, Chengdu, etc.
http://www.gzac.org/info_view.asp?VID=3172

International:

1. Arbitral tribunal finds that delay in India courts constitutes a breach of investment treaty
3/5/2012

It is not uncommon for parties to encounter significant barriers in local courts, particularly in developing countries, when attempting to enforce or set aside an arbitral award. However, a UNCITRAL arbitration tribunal recently found that the failure of India’s judicial system to adjudicate timely on a dispute arising out of an arbitration proceeding was a breach of a Bilateral Investment Treaty (“BIT”) upon which the claimant in the arbitration proceeding was entitled to rely. This decision has important implications for parties who experience substantial injustice or undue delay by local courts in their efforts to enforce or set aside arbitration awards and follows a growing trend by arbitrators to interpret BITs broadly.
http://www.nixonpeabody.com/publications_detail3.asp?ID=4274&NLID=89

2. Chartered Institute of Arbitrators announces appointment of new Director General
3/30/2012

The Chartered Institute of Arbitrators (CIArb) is pleased to announce the appointment of Anthony Abrahams TD DL MBA as the new CIArb Director General (Chief Executive).
Mr Abrahams will start at CIArb’s Executive offices in Bloomsbury Square, London on 10 April 2012 and will replace Michael Forbes Smith MCIArb. Mr Smith, who led CIArb since February 2006, left the Institute on 23 March and will retire as Director General of CIArb on 6 April.
http://www.ciarb.org/news/ciarb-news/post-1.php

3. Allen & Overy promotes in UAE
4/13/2012

Allen & Overy has promoted Christopher Mainwaring-Taylor, part of the team that obtained a “hat-trick” for the Dubai government in arbitrations brought by a port investor.
http://www.globalarbitrationreview.com/news/article/30467/allen-38-overy-promotes-uae/

4. UK firm to open in Singapore and Dubai
4/12/2012

Addleshaw Goddard is to expand outside the UK for the first time, by opening arbitration-focused offices in Singapore and Dubai. The firm says the Singapore venture is on track to be operational in early May and the Dubai office later in the year. Both openings have been planned for a year.
http://www.globalarbitrationreview.com/news/article/30465/uk-firm-open-singapore-dubai/

 

 
 
 
 
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