Draft Bill Reflects S. Africa's Mixed Views On Arbitration
Law360, New York (May 10, 2016, 5:51 PM EDT) -- A draft international arbitration bill set to replace South Africa's long-outdated commercial arbitration legislation is an encouraging sign to investors, but it is unlikely to position the country as an international arbitration hub given recent legislation criticized for curbing investor-state arbitration.
South Africa's International Arbitration Bill of 2016 incorporates the Model Law on International Commercial Arbitration as adopted by the United Nations Commission on International Trade Law and would replace a 1977 statute providing for the enforcement and recognition of foreign arbitral awards. Currently, arbitration in South Africa is governed by Arbitration Act 42 of 1965, which doesn't expressly deal with...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!