Young ICCA recently announced the appointment of three new office holders to the organization’s Mentoring and Events initiatives. Eric Z. Chang and Gloria Alvarez will lead the Young ICCA Mentoring Programme, while Prince-Alex Iwu will be the new Young ICCA Events Coordinator.
Young ICCA is the young practitioners branch of the International Council for Commercial Arbitration (“ICCA”). ICCA is the leading worldwide nongovernmental organization (with official status as NGO accredited by the United Nations) devoted to promoting the use and improving the processes of arbitration and other alternative dispute resolution […]
On June 25, 2018, the United Nations Commission on International Trade Law (UNCITRAL) finalized the draft Convention on International Settlement Agreements Resulting from Mediation, to be known as the Singapore Convention.
UNCITRAL’s Working Group II was initiated in 2014 in order to explore the development of mechanisms for the enforcement of mediated agreements in international commercial disputes. Over fifty (50) countries participated in Working Group II, with active contribution from the US, EU, Canada, Australia, Israel, China, India, Korea, Russia, Mexico, Norway, Finland, Switzerland and many others. After four years of collaboration and negotiation, the Working Group has issued a text it hopes […]
California Govenor Edmund G. Brown has signed Senate Bill 766 into law.
The California legislature unanimously approved the bill on 5 July 2018. The new law amended sections of the California International Arbitration and Conciliation Act and now allows foreign and out-of-state attorneys to represent clients in international arbitrations without having to register with the local courts or local bar. California now joins other U.S. jurisdictions (like New York, D.C. and Texas) that have similar rules, but California’s statute is now arguably the most welcoming to foreign attorneys. For an in-depth analysis of the bill read our earlier post, HERE.
Major players are already moving to capitalize on California’s […]
The legal publisher Chambers and Partners has started ranking litigation funders in the United States. In its inaugural ranking, Chambers and Partners divided six funders into three tiers — Band 1, Band 2, and Band 3.
Bentham IMF and Burford Capital take the top spots in Band 1. Both funders are based in New York. Burford is considered the largest litigation funder in the world (with a market cap of approximately $4 billion, according to Chambers and Partners).
Band 2 is […]
BREAKING: CALIFORNIA PASSES LANDMARK LEGISLATION ON INTERNATIONAL COMMERCIAL ARBITRATION
On 5 July 2018, the California Legislature amended the California International Arbitration and Conciliation Act (CIACA) (Cal. Civ. Proc. Code § 1297.11 et seq). The amendment, Senate Bill 766, now allows foreign and out-of-state attorneys to represent clients in international arbitrations without having to register with the local courts or local bar. Other U.S. jurisdictions (like New York, D.C. and Texas) have similar rules, but California’s statute is now arguably the most welcoming to foreign attorneys.
This legislation will bury California’s somewhat undeserved anti-arbitration reputation that stemmed from the 1998 California Supreme Court decision Birbrower, Montalbano, Condon & […]