Singapore Court Rejects Spain’s Immunity Claim in Energy Arbitration Case.
SINGAPORE — The Singapore High Court has ruled that Spain cannot invoke sovereign immunity to block enforcement of a major investor-state arbitration award, delivering a decision that reinforces the city-state’s reputation as a reliable forum for enforcing international arbitration rulings. In a judgment issued in NextEra Energy Global Holdings BV and another v Kingdom of […]
Finland Moves to Modernize Arbitration Law to Boost Global Competitiveness
HELSINKI — Finland is considering sweeping reforms to its arbitration framework as part of an effort to modernize dispute resolution laws and strengthen the country’s position in international arbitration. The Finland Arbitration Institute announced that the Ministry of Justice (Finland) has released a report from a government-appointed working group recommending a new Arbitration Act to […]
Finland Moves to Modernize Arbitration Law to Boost Global Competitiveness
HELSINKI — Finland is considering sweeping reforms to its arbitration framework as part of an effort to modernize dispute resolution laws and strengthen the country’s position in international arbitration. The Finland Arbitration Institute announced that the Ministry of Justice (Finland) has released a report from a government-appointed working group recommending a new Arbitration Act to […]
Spanish Court: Arbitrator Defied Order in $15B Malaysia Case.
MADRID — The criminal chamber of the Supreme Court of Spain has upheld the conviction of a sole arbitrator who presided over a controversial multibillion-dollar arbitration against Malaysia, ruling that he acted in “serious disobedience” by continuing the proceedings after a Spanish court had annulled his appointment. The dispute stems from claims brought by descendants […]
Indian Supreme Court Limits Review of Arbitrator Appointments, Warns Against Delay Tactics.
The Supreme Court of India has reaffirmed the country’s strong pro-arbitration stance, ruling that court orders appointing arbitrators under Section 11 of the Arbitration and Conciliation Act, 1996 cannot be reviewed by the same court. The decision came in the case involving Hindustan Construction Company Ltd. and Bihar Rajya Pul Nirman Nigam Ltd., where the […]