The Paris Court of Appeal recalls the high standard applied to actions to set aside arbitral awards based on an alleged breach of an arbitrator’s duty of disclosure.
Paris Court of Appeal, 19 September 2023 – no. 21/16159 A recent ruling by the Paris Court of Appeal on the independence and impartiality of arbitrators highlights the strict and high standard applied by French courts to applications to set aside an arbitral award based on an arbitrator’s failure to disclose his relationship with a […]
The United Arab Emirates amends its legislation on arbitration
The United Arab Emirates recently enacted Federal Law No. 15 of 2023 (the “Amendment Law”), introducing changes to its arbitration legislation relating to virtual proceedings, restrictions on the appointment of arbitrators, and the autonomy and discretion of the arbitral tribunal. The main changes can be summarised as follows: Conduct of proceedings and virtual proceedings: Article […]
High Court of Justice sets aside two arbitration awards against Nigeria totalling US$11 billion for fraud and breach of public policy
The High Court of Justice of England and Wales (the “High Court”) has upheld a challenge by Nigeria against two arbitration awards on the grounds that they were obtained by fraud and contrary to public policy pursuant to section 68(2)(g) of the Arbitration Act 1996. The awards arose out of a dispute relating to a […]