INTERNATIONAL ARBITRATION 1/3LY
NEWS IN BRIEF 43
MARKET ACTIVITY
PROPOSAL FOR A DISPUTE RESOLUTION HUB IN HONG KONG
JOHN COATES TO REMAIN PRESIDENT OF THE COURT OF ARBITRATION FOR SPORT (CAS)
The Hong Kong government is getting serious about promoting Hong Kong as a centre for dispute resolution with plans to transform a heritage building and former government offices into an international dispute resolution hub within the city centre. The hub will bring many of the major international arbitral institutions that operate in Hong Kong under one roof.
The International Council of Arbitration for Sport (ICAS) has re-elected John Coates. The Australian will serve as president of both the Council and CAS until 2018.
THE NEW YORK CONVENTION IN AFRICA
CHANGES TO ARBITRATION ACT IN SWEDEN
On 3 February 2015, the New York Convention came into force in the Democratic Republic of the Congo. Elsewhere in Africa, the Comoros is in the process of acceding and it is set to become the 155th state to ratify the convention.
A report has been released by a parliamentary committee in Sweden proposing changes to the Arbitration Act. The new legislation is expected to be in effect by 1 July 2016. The 1999 Act will be updated to include provisions for multi-party arbitration and allow English to be used in set-aside proceedings before the Svea Court of Appeal. INTERNATIONAL ARBITRATION CENTRE IN THE PIPELINE FOR DJIBOUTI
CLYDE & CO ASSOCIATE A FOUNDING MEMBER OF THE ARAB LEGAL FORUM
The Arab Legal Forum has been established by London-based arbitration practitioners as an international association for lawyers with an interest in the Arab world. Khaled Moyeed, Associate at Clyde & Co is one of the founding members.
NEW CENTRE IN AUSTRALIA FOR DISPUTES IN THE ENERGY AND RESOURCES SECTOR
The African state of Djibouti is set to open an international arbitration centre. The centre is expected to open in 2016. The focus of the centre will be to resolve international disputes across the region in order to attract investment.
REFORMS TO BRAZILIAN ARBITRATION ACT
The Perth Centre for Energy and Resources Arbitration (PCERA) has launched as the first dedicated arbitration institution in Western Australia. The not-for-profit arbitration centre will aim to manage disputes in the energy and resources sector.
Brazilian Congress along with the Office of the President approved reforms to the 1996 Arbitration Act. The revisions were enacted on 26 May. One major change is that Brazilian state entities are now permitted to participate in arbitration.
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