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2 months ago | 
pinsentmasons.com | Mohammed Talib |Scheherazade Dubash |Aleesha Way |Andrew Mitchell
India is at an inflection point, moving towards becoming a hub for international and institutional arbitration. Efforts to strengthen the arbitration ecosystem, legislative amendments, and the establishment of dedicated arbitration centres and membership organisations are driving this shift. The Indian government recently completed a consultation on a bill featuring proposed amendments to the Indian Arbitration Act.
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2 months ago | 
pinsentmasons.com | Mohammed Talib |Scheherazade Dubash |Aleesha Way |Alexis Coleman
Data (31-page / 14.5MB PDF) from the Mumbai Centre for International Arbitration (MCIA) showed an increase of its caseload from 23 cases in 2023 to 34 in 2024, with the total value of cases reaching $257 million and an average value of $11.4m. International arbitration expert Mohammed Talib of Pinsent Masons said: “The release of MCIA’s 2024 Annual Report revealed a 48% increase in new cases and underscores the growing use of institutional arbitration in India”.
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Jan 14, 2025 | 
pinsentmasons.com | Rob Wilkins |Scheherazade Dubash
The LCIA recently published its biggest ever report – Costs and Duration Analysis 2024 – analysing the cost and duration of all LCIA arbitrations subject to a final award between 1 January 2017 and 12 May 2024. This report builds on previous editions from 2015 and 2017, marking the longest time period studied by the LCIA and any institution to date, allowing for a detailed and comparative analysis.
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Nov 1, 2024 | 
pinsentmasons.com | Scheherazade Dubash |Alasdair Weir |Aleesha Way
The ELI published a set of 12 principles in a recent report, giving guidance to litigants, funders, legal advisers, courts, arbitration institutions and regulatory bodies involved in the fast-growing TPF market. The project is also intended to provide a “blueprint” for light-touch regulation of the expanding sector across the EU.
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Oct 29, 2024 | 
pinsentmasons.com | Mohammed Talib |Scheherazade Dubash |Alasdair Weir |Aleesha Way
The proposed amendments come at a time when various Indian initiatives are being undertaken by arbitration stakeholders to enhance the country’s dispute resolution environment. The amendments aim to promote ease of doing business in India, helping to establish the country as a robust and reliable arbitration forum and prevent the further ‘exporting’ of arbitrations to countries like Singapore, which currently hosts a significant number of disputes involving Indian parties.
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Jul 22, 2024 | 
pinsentmasons.com | Scheherazade Dubash |Sylvia Tonova
The last Conservative government introduced an Arbitration Bill into parliament in 2023, seeking to implement recommendations made by the Law Commission of England and Wales. The Law Commission had undertaken a near year-long review of the existing Arbitration Act 1996 and identified areas that would benefit from targeted reform.
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Jul 17, 2024 | 
pinsentmasons.com | Scheherazade Dubash |Sylvia Tonova
According to its 2023 casework report (28-page PDF/892KB), parties from 141 countries and territories were involved in a total of 890 new arbitration cases filed with the ICC Court. While parties from Europe (40%) and the Americas (27%) accounted for the largest proportion of parties at the ICC in 2023, Asia and the Pacifics represented the third largest region (25%). However, the ICC has also in recent years become a popular venue among parties from the Middle East and Africa.
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May 31, 2024 | 
pinsentmasons.com | David Thorneloe |Scheherazade Dubash
The UK’s Arbitration Bill, which is set to change the arbitration regime has been paused in its current legislative journey through Parliament to become law. The Bill was not included as part of the UK’s pre-election legislative ‘wash-up’ announced earlier this week. The wash-up is the process by which the government agrees with other political parties which laws to rush through the legislative process before parliament is dissolved for a general election, and which to abandon.
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May 15, 2024 | 
pinsentmasons.com | Scheherazade Dubash |Adam Cain |Aleesha Way
According to SIAC’s statistics, which were recently published as part of its 2023 Annual Report (25-page / 9MB PDF), it experienced its second-highest ever caseload last year, with 663 new cases filed. Of these, as much as 93% were international, which is an increase from 88% in 2022. In addition, parties involved in the cases filed with SIAC in 2023 represented a record 66 jurisdictions.
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Mar 14, 2024 | 
pinsentmasons.com | Frédéric Gillion |Scheherazade Dubash |Adam Cain |Aleesha Way
The SIAC is in the process of finalising the 7th edition of the SIAC Rules (‘the Draft Rules’), which look to enhance the user experience and raise the bar on efficiency and cost-effectiveness. The year 2023 saw the SIAC expand its secretariat, appoint new board and court members with a focus on India, and restructure its Young SIAC (YSIAC) Committee to a global YSIAC Council comprising regional committees.
