Apr 9, 2021 | Arbitration, International Disputes, NZIAC |
By Maria Cole. We all make mistakes – it’s human nature. However, some mistakes have bigger consequences and a London Court of International Arbitration (LCIA) panel recently had a US$54 million howler! When calculating the value of shares in assessing damages in a...
Mar 24, 2021 | Arbitration, International Disputes, NZIAC
By Maria Cole. Third-party funding, also known as litigation funding, is where a third-party, with no legal interest in the dispute, agrees to fund some or all the costs of a party to the dispute in return for a “a slice of the action”. Historically third-party...
Mar 17, 2021 | Arbitration, International Disputes, NZIAC
By Melissa Perkin. Arbitration users have become well-accustomed to remote hearings such as procedural hearings by telephone, or witness cross-examination being undertaken by video-link in recent years. The technology to conduct remote hearings in domestic and...
Mar 5, 2021 | Arbitration, International Disputes, NZIAC
By Melissa Lin and Belinda Green. The International Bar Association (IBA) published its revised Rules on the Taking of Evidence in International Arbitration (the Rules of Evidence) on 17 February 2021. The revised rules will apply to all arbitrations in which the...
Feb 4, 2021 | Arbitration, NZIAC
By Melissa Perkin On 26 January 2021, China and New Zealand signed a deal to upgrade their existing free trade pact which will give commodities exports from New Zealand increased access to the world’s second-largest economy. The upgrade has primarily focused on...
Feb 3, 2021 | Arb-Med, Arbitration, Mediation, NZIAC
By Maria Cole Once again, New Zealand has been ranked first equal with Denmark as having the least corrupt public sector in the world. Transparency International has just released its 2020 Corruption Perceptions Index (CPI) and New Zealand ranked equal No.1 out...
Dec 1, 2020 | Arbitration, NZIAC
By Melissa Perkin Halliburton Company v Chubb Bermuda Insurance Ltd [2020] UKSC 48 Introduction On 27 November 2020, the UK Supreme Court handed down its judgment in the landmark case of Halliburton Company v Chubb Bermuda Insurance Ltd [2020] UKSC 48. The decision...
Jan 24, 2020 | Arbitration, NZIAC
By Sophie Hursthouse Transparency International’s Corruption Perceptions Index 2019 has just been released, revealing the rankings of 180 countries and territories when analysed for perceived levels of corruption. The long-awaited report reveals New Zealand is again...
Jul 26, 2019 | Arb-Med, Arbitration, Mediation, NZIAC
In a watershed moment on Wednesday of this week, the New Zealand Parliament passed the Trusts Bill which contains unique and important provisions that expressly provide for arbitration and mediation of internal and external disputes involving trusts, including for...
Apr 14, 2019 | Arbitration, NZIAC
By Richard Bamforth and Liz Williams The Commercial Court has remitted an award to the arbitrator for reconsideration on the basis of serious irregularity after the arbitrator sought the opinion of a third party and conducted his own research without notifying the...
Mar 15, 2019 | Arbitration, NZIAC
Australia was the sixth country to ratify the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), after Japan, Singapore, Mexico, New Zealand and Canada triggering the 60 day countdown to entry into force of the Agreement on 30 December 2018 and the first...
Feb 2, 2019 | Arb-Med, Arbitration, Mediation, NZIAC
By Catherine Green The rule of law is profoundly important for a fair and functioning justice system to underpin effective international dispute resolution. It is beyond argument that New Zealand is highly respected globally as an independent and lawful jurisdiction...
