Israel’s International Commerical Arbitration Bill

Israel’s Ministry of Justice recently put forth a bill for the “International Commercial Arbitration Law,” as part of which Israel will also adopt the model law.

If and when the bill is enacted into law, Israel will be added to the list of countries who have adopted the model law. This will strengthen Israel’s position in the area of international arbitration. It means Israeli entities that enter into commercial agreements with different entities around the world will be able to include in such agreements a provision for arbitration to be conducted in Israel, without this compromising parties’ legal certainty, because the arbitration will be subject to the same international standards as those of the model law.

Read the complete story here.

Featured Arbitrators

ad
View all

Read these next

Category

Musings of Metaverse Arbitration

What is the internet’s current favorite buzzword? Metaverse. In simple terms, the metaverse is an interactive three-dimensional virtual world. The metaverse is a combination of the virtual reality, augmented reality,...

By Brittany Munn, Amy Schmitz
Category

Arbitration Conversation No. 22: Prof. Carrie Shang of Cal State Polytechnic University, Pomona

In this episode of the Arbitration Conversation, Amy interviews Prof. Carrie Shu Shang of Cal State Polytechnic University, Pomona on international arbitration and China's Belt and Road initiative. https://youtu.be/SePWUbOA3hE

By Carrie Shu Shang, Amy Schmitz
Category

SCOTUS Won’t Reconsider Denied Cert. Petition on FAA Applicability to Amazon Drivers

This article first appeared on Securities Arbitration Alert, here. SCOTUS again has eschewed an opportunity to clear up the split over the Federal Arbitration Act’s (“FAA”) section 1 exemption for...

By George Friedman

Find an Arbitrator

X
X
X