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Arbitration Procedure

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Current Legislation Despite repeated attempts to obtain congressional approval to adopt the UNCITRAL Model Law as the Argentine federal arbitration act, Argentina still lacks federal legislation specifically dealing with arbitration. Instead, the country’s civil procedure codes contain arbitration regulations. Because Argentina is a federal country, each province has its own code of civil procedure that applies within that province. The National Code of Civil and Commercial Procedure (“CPCCN”) applies to the Autonomous City of Buenos…

On 29 November 2014, the Turkish government published a law (No. 6570) authorizing the establishment of the Istanbul Arbitration Center. This new institution is meant to act as supervisor of arbitral proceedings for both international and domestic disputes. The law will enter into force on 1 January 2015. Implications for arbitration practice The Istanbul Arbitration Center will provide foreign and domestic companies the opportunity to arbitrate disputes through a specialized institution in Istanbul. This is…