Germany is in the process of renewing its arbitration law, which in its current version dates from 1997. In April 2023, the German Federal Ministry of Justice (the "Ministry").
Germany is in the process of renewing its arbitration law, which in its current version dates from 1997. In April 2023, the German Federal Ministry of Justice (the “Ministry”) published.
The German Supreme Court has outlined the duties of sellers to disclose information to purchasers using virtual data rooms, a common practice in M&A deals. The court.
On 6 September 2023, 2023 China Arbitration Summit and the 3rd Belt and Road Arbitration Institutions Forum (“Summit”) was successfully held in Beijing. The Summit was co-hosted by China International Economic and Trade Arbitration Commission (“CIETAC”) and United Nations Commission on International Trade Law (“UNCITRAL”). Yu Jianlong, Vice Chairman of China Council for the Promotion of International Trade (“CCPIT”) and Vice Chairman of China Chamber of International Commerce (“CCOIC”), Anna Joubin-Bret, Secretary of UNCITRAL, Liu Guixiang, Permanent Member of the Supreme People’s Court (“SPC”)’s Judicial Committee (Vice-Minister Level) and Grand Justice of the Second Rank, attended the opening ceremony and delivered opening remarks. Wang Zhenjiang, Vice Minister of the Ministry of Justice (“MOJ”), delivered a speech via video. Zhang Shuming, Deputy Chief Judge of the Fourth Civil Division of the SPC, gave a keynote speech. Sun Chunying, First-Level Insp
Germany has agreed to pay €243 million to a European joint venture to settle a dispute at the German Arbitration Institute (DIS) over a cancelled toll system contract.