New Saudi Arbitration Regime Diverts From Checkered Past

By Caroline Simson (June 16, 2016, 6:53 PM EDT) -- A recent decision by a Saudi Arabian court enforcing an $18.5 million international arbitration award may signal that the country's once-challenging arbitral regime is improving for investors, though attorneys say complications stemming from public policy exceptions do remain.

A Riyadh enforcement court confirmed the $18.5 million International Chamber of Commerce award three months after it was transferred from the Board of Grievances following the enactment of two new arbitration laws in the country.

The award was originally issued in London in 2011 to a United Arab Emirates subsidiary of a Greek telecommunications company in an arbitration with an unnamed Saudi data...

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!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!