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Baker McKenzie International Arbitration Yearbook 2019-2020 – South Korea

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SOUTH KOREA Hyunyang Koo and Vaishali Sharma. A. LEGISLATION AND RULES South Korea has adopted a pro-arbitration legal framework that governs both domestic and international proceedings. International arbitration continues to be governed by the Korean Arbitration Act, which is based on the UNCITRAL Model Law. In 2016, the Korean legislature enacted long-awaited amendments to the Korean Arbitration Act and adopted many of the 2006 Amendments to the UNCITRAL Model Law. The revised Act has been well-received…

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In Asia-Pacific

Baker McKenzie International Arbitration Yearbook 2019-2020 – Indonesia

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INDONESIA Andi Yusuf Kadir and Zarina Marta Dahlia A. LEGISLATION AND RULES A.1 Legislation International arbitration in Indonesia continues to be governed by Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution (“Arbitration Law”), to which no legislative amendment was made in 2019. Indonesia ratified the New York Convention through Presidential Decree No. 34 of 1981. A.2 Institutions, Rules and Infrastructure Subject to the nature of the dispute, parties that choose arbitration as…

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In Asia-Pacific

Baker McKenzie International Arbitration Yearbook 2019-2020 – Malaysia

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MALAYSIA Eddie Chuah A. LEGISLATION AND RULES A.1 Legislation The law and practice of arbitration in Malaysia continue to be governed by the Arbitration Act 2005 (“Act”) with amendments made in 2018. No legislative amendment was made in 2019. A.2 Institutions, Rules and Infrastructure As previously highlighted, the Kuala Lumpur Regional Centre for Arbitration (KLRCA) was renamed as the Asian International Arbitration Centre (AIAC) in 2018. The AIAC continues to grow to be a multi-service…

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In Asia-Pacific

Baker McKenzie International Arbitration Yearbook 2019-2020 – Thailand

by 10 Mins Read

THAILAND Pisut Attakamol A. LEGISLATION AND RULES A.1 Legislation International arbitration in Thailand is governed by the Thai Arbitration Act B.E. 2545 (2002) (“Act”). The Act was recently amended in 2019 to insert a special chapter[1], which is aimed at easing restrictions on foreigners acting as arbitrators and counsel in arbitrations conducted in Thailand. The amended Act allows the parties to appoint foreigners as arbitrators and/or counsel for arbitration conducted in Thailand. A foreign arbitrator/counsel…

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