INTERNATIONAL ARBITRATION 1/3LY
NEWS IN BRIEF 47
MARKE T ACT I V I T Y
C LY DE & CO L A UNCHE S SPEC I A L I S T IN T ERN AT I ON A L A RB I T R AT I ON GROUP IN L ONDON Clyde&Co is further bolstering and investing in its international arbitration practice with the formation of a specialist international arbitration group in its London office in response to increased demand for arbitration expertise on very high value disputes. The group is co-chaired by Peter Hirst, partner and Ben Knowles, partner and boardmember, both of whomalso chair the firm’s global arbitration group. The pair lead a teamof five other London partners, Maurice Kenton, Devika Khanna, David Leckie, David Reynolds and Lee Bacon, all of whomwork closelywith arbitration partners in our global offices. C I A RB L A UNCHE S IN T ERN AT I ON A L A RB I T R AT I ON RUL E S 2015 The Chartered Institute of Arbitrators (CIArb) launched the newCIArb International Arbitration Rules 2015 during their Centenary Conference in Singapore on 4 September. The rules, which can be applied internationally, will take effect on 1 December 2015 and are based on the UNCITRAL Arbitration Rules 2010. Notable features include provisions on emergency proceedings and provisions which enable CIArb to deal with challenges to arbitrators. EUROPE A N COMMI S S I ON C A L L S F OR IN V E S TMEN T COUR T T O SE T T L E T T I P IN V E S T OR - S TAT E D I SP U T E S The European Commission (EC) has released a draft text which proposes that the investment chapter of the Transatlantic Trade and Investment Partnership (TTIP) refers all investor-state disputes to a public investment court, with an appeal process and publicly-appointed judges, as opposed to a private arbitral tribunal. The development came following public opposition and a European Parliamentary vote against the inclusion of investor-sate disputes settlement (ISDS) provisions in the trade agreement.
S I A C L A UNCHE S USERS ’ COUNC I L T O IMPRO V E RUL E S A ND SER V I CE S The Singapore International Arbitration Centre’s (SIAC) User’s Council comprises of arbitrators, private practitioners and in-house counsel. The Council will be taskedwith providing feedback to the SIAC Court and secretariat on behalf of parties, arbitrators and lawyers on the SIAC rules and services. It is intended that there will eventually be 30members fromdifferent jurisdictions to maintain diversitywithin the Council.
IND I A A PPRO V E S AMENDMEN T S T O T HE A RB I T R AT I ON A ND CONC I L I AT I ON B I L L 2015
The Government of India has passed amendments to the Arbitration and Conciliation Act, 1996 following consultationwith the LawCommission and stakeholders. The amendments are part of a strategy tomake India a hub for international commercial arbitration so as to improve the ease of doing business in the country. It is hoped that the amendments will make arbitrating in the countrymore cost-effective and user-friendly. CHIN A A F R I C A JO IN T A RB I T R AT I ON CEN T RE T O OPEN IN JOH A NNE SBURG The China Africa Joint Arbitration Centre (CAJAC) will exclusively hear commercial disputes between Chinese and African parties. The centre has been set up as a joint initiative between the Arbitration Foundation of South Africa (AFSA), Africa ADR, the Association of Arbitrators of Southern Africa and the Shanghai International Trade Arbitration Centre. The CAJACwill start accepting cases fromOctober 2015.
AT L A N TA E S TA BL I SHE S SPEC I A L I S T A RB I T R AT I ON COUR T
Atlanta has assigned a court to hear disputes arising from international commercial arbitration, ahead of the opening of the Atlanta Centre for International Arbitration andMediation. Themove is part of a strategy to establish Atlanta as a hub for arbitration in the southern US. The bid is being supported by the Atlanta International Arbitration Society (ATLAS) which seeks to promote Atlanta as a venue for international arbitration.
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