United Nations Convention for International Settlement Agreements; a second New York Convention in the realm of ADR?

By Ying Xia   On 25 June 2018, the final drafts for the UN Convention on International Settlement Agreements Resulting from Mediation and the corresponding Model Law were approved by the United Nations Commission on International Trade Law (‘UNCITRAL’). This new convention (also known as the Singapore Mediation Convention) will be open for signature on 1 August 2019.1 Most expect this convention to come into force as it only requires three ratifications of the member states, which constitutes a [...]

An Opportunity to Review Third Party Funding and its Recent Developments in International Arbitration

By Lena Lindinger* With the Australian Law Reform Commission having recently published its report on third party funding in litigation, it is timely to discuss the current and evolving role of third party funding in international arbitration in Australia and globally. Third Party Funding in International Arbitration Third Party Funding (‘TPF’) arises when investors finance a legal claim in exchange for influence over case management and a financial share in the damages recoverable from the case.1 Litigants in many [...]

Dispute Resolution Strategies in Family Law Matters

We are privileged to publish the paper presented by The Hon. Justice Robert McClelland at the Australian Disputes Centre, 14 February 2019. Download in PDF: Justice McClelland - Dispute Resolution Strategies in Family Law

Rusoro Mining Ltd v Bolivarian Republic of Venezuela

By Rouein Momen* The recent ruling of the Paris Court of Appeal set aside the $1.2B damages ordered against Venezuela in compensation for the expropriation of a Canadian mining company’s assets and investment. The French appellate court’s decision comes nearly a year after a D.C. federal court upheld the validity of the amount of damages originally ordered. Rusoro Mining LTD, a Canadian company, controlled 24 Venezuelan subsidiaries holding a total of 58 mining concessions and contracts between the years [...]

The International Chamber of Commerce updates its guidance on the conduct of arbitration to drive transparency and efficiency

By Rouein Momen* The International Court of Arbitration, a branch of the International Chamber of Commerce (‘ICC’), has updated its ‘Note to Parties and Arbitral Tribunals on the Conduct of Arbitration’. This revision came into force on 1 January 2019. The amendments are aimed at improving the transparency and efficiency of the conduct of arbitration and to encourage the ICC rules of arbitration to compete with the ICSID (International Centre for Settlement of Investment Disputes) rules. For arbitrations registered [...]

Recent Amendments to the Telecommunications (Arbitration) Regulations 1997 (Cth)

By Christian Santos* The Telecommunications (Arbitration) Regulations 2018 (Cth) (‘the TAR’) has made changes to the arbitration of disputes by the Australian Competition and Consumer Commission (ACCC). The significant changes follow: 1. ACCC Conduct of Arbitrations Regulation 14 of the TAR gives greater flexibility to the ACCC in how it may conduct the arbitration of a dispute. The ACCC may either conduct an arbitration ‘on the papers’, or hold an arbitration hearing, in-part on the papers and in-part by [...]

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