Upon its ratification by all parties, the new United States-Mexico-Canada Agreement (USMCA) will make substantial changes to the former North American Fair Trade Agreement’s (NAFTA) investor-state dispute settlement (ISDS) mechanisms found under Chapter 11. US-Canadian investments will experience the most dramatic changes due to the complete elimination of Chapter 11 ISDS mechanisms. There are big…
Category: International
Reforms to OHADA Arbitration Law
Responding to increased economic and foreign investment across Africa and to establish the Organization for the Harmonization of Business Law in Africa (“OHADA”) as a trustworthy arbitral institution, the OHADA Council of Ministers has revised the Uniform Act on Arbitration Law and the Rules of Arbitration of the Common Court of Justice and Arbitration (“CCJA”)….
