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On 23 January 2024, the HKIAC announced a Public Consultation on Proposed Amendments to the 2018 HKIAC Administered Arbitration Rules. The HKIAC’s proposed amendments include...
The Law Commission of England and Wales has concluded its review of the Arbitration Act 1996. In our International Arbitration Survey 2022, we canvased views on the...
On-Demand Bonds or Guarantees are preferred relative to “see to it” Bonds or Guarantees. This is because under On-Demand Bonds the obligation to pay arises through a demand being made...
Win for Amazon: SC upholds Singapore panel’s ruling against Reliance-Future Retail deal
Synopsis Arbitration is business and contract agonistic and the benefits of having one in our contracts can be immense. iStock Arbitration clause is easy to follow and a fast track optional substitute to the court system. A business contract is the foundation of a commercial relationship and also sets the guiding principles for operations. Yet, commercial relationships often run into choppy waters. In recent times, Alternate Dispute Resolution (ADR) mechanisms have found favour in the commercial-legal ecosystem to adjudicate on grievances in commercial relationships. Arbitration has emerged ...