Singapore Convention: A New Dawn for Mediated Settlements

Beginning in 2019, a new international system will come online that aims to ensure the swift and efficient recognition and enforcement of mediated agreements in multiple jurisdictions around the world. There is optimism that this new international treaty, called the Singapore Convention, will do for international mediation what the New York Convention (1958) did for international arbitration. The success of the Singapore Convention could well usher in a new and indispensable legal mechanism for the resolution of international commercial disputes.

In 2015, the United Nations Commission on International Trade Law (“UNCITRAL”) charged a working group (Working Group II) to develop a mechanism for […]

Singapore Convention: A New Dawn for Mediated Settlements 2018-09-18T12:28:11+00:00

Young ICCA Mentoring Applications Due in Two Weeks

Deadline Reminder

This is a reminder to all interested Young ICCA Members to submit applications to the Young ICCA Mentoring Programme before the deadline on 1 October 2018 (midnight CEST). To apply, complete your electronic application HERE. Please have your CV and a one-page letter of motivation ready to upload via the form. About the Program The Young ICCA Mentoring Programme provides Young ICCA Members with a unique opportunity to be mentored by arbitration practitioners around the world. Groups of 3-4 will be assigned to a “Mentor” – a senior arbitration expert who is usually a member […]

Young ICCA Mentoring Applications Due in Two Weeks 2018-09-17T11:40:20+00:00

The Economist Discusses Litigation Finance as Investment

The Economist recently reported on the rise of litigation finance (also referred to as third-party funding) and its growing place in the marketplace. In its article “Appealing returns” the Economist reports that 30 new funding ventures have launched within the past year and a half. Not only are new entrants broadening the litigation finance market, the established funders are expanding as well. For example, Burford Capital committed $1.3 billion dollars to its cases, which is “more than triple the amount it deployed in 2016.”

The article notes a few rationales that may account for this surge in capital. For one, law firms are happy to […]

The Economist Discusses Litigation Finance as Investment 2018-09-04T04:51:18+00:00

ICSID Convention Now In Force For Mexico; NAFTA Negotiations Continue

Mexico recently deposited its instrument of ratification for the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (“ICSID Convention”). The ICSID Convention is now in force for Mexico as of 26 August 2018. Mexico is the 154th state to become a Contracting State to the ICSID Convention, which first opened for signature in 1965. (A full list of Contracting Parties is available HERE.)

Many commentators were surprised when Mexico recently announced its intent to join the ICSID Convention, after ignoring it for the past five decades. The reason behind Mexico’s shift is almost certainly tied to the ongoing renegotiation […]

ICSID Convention Now In Force For Mexico; NAFTA Negotiations Continue 2018-09-01T23:20:16+00:00