Insights

Washington – August 17, 2023: The 2024 edition of The Best Lawyers in America® has recognized 47 firm lawyers as "Best Lawyers" and 41 lawyers as “Ones to Watch.”

Washington – July 27, 2023: Latinvex has named Ian A. Laird, co-chair of Crowell & Moring’s International Dispute Resolution Group, as one of Latin America’s Top 100 Lawyers (2023): Arbitration & Litigation. The list is developed by Latinvex’ editorial and research staff using data from their annual survey of international law firms, as well as publicly available data. This is the fifth consecutive year Laird has been selected for the list.

The Saudi Center for Commercial Arbitration (SCCA) has published the second edition of its arbitration rules, which came into effect on May 1, 2023 and applies to all arbitrations commenced on or after that date. As compared to the 2018 rules, these amendments are aimed at making the SCCA more attractive to a variety of business sectors. The new rules are the fruit of two years of consultation with industry experts, all in an effort to meet the highest standards in international arbitration. Some of the noteworthy amendments include the establishment of the SCCA Court, the removal of references to Sharia law, and new regulations regarding consolidation, cybersecurity, joinder, and emergency protective measures.

The past two years have seen substantial updates to procedural rules governing the American Arbitration Association’s International Centre for Dispute Resolution (AAA-ICDR), as well as institutional efforts to increase efficiency, transparency and diversity.  

On 29 September 2022, a panel discussion on new development in space law and arbitration was held in the context of the second World Arbitration Update conference (see www.worldarbitrationupdate.com). The key take-away from the panel discussion was that the space industry is currently booming and that it will face a likely rise in the number of disputes between commercial space actors.

On 21 March 2022, the Members States to the ICSID Convention approved a long-awaited update to the ICSID Rules and Regulations for resolving international investment disputes. This is the first amendment to the ICSID Rules since 2006, and the most extensive modernization of ICSID procedures in the Centre’s history. The updated rules are the outcome of six working papers over 5 years of collaboration with State officials, legal counsel, adjudicators, businesses representatives, and civil society.

The ILI invites you to attend a 75-minute lunch-time webinar by leading practitioners in the investment arbitration field on the recent developments in the reform at ICSID and before the UNCITRAL Working Group III (WG III). As announced by ICSID on January 20, ICSID submitted resolutions on the amended ICSID rules to the Administrative Council—ICSID’s governing body—for a vote of approval by March 21 with the new rules coming into effect on July 1, 2022.

The World Arbitration Update (WAU) will update the global community on key and novel topics of investment and international commercial arbitration, and public international law in a decentralized forum. The first edition of WAU is being held virtually linking different regions by video conference during a five-day period from 11 to 15 October 2021. During these five days, there will be 15 panels and networking virtual events including: