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NLJ this week: Replace the Arbitration Act in full

27 September 2024
Issue: 8087 / Categories: Legal News , Procedure & practice , International , Arbitration
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The Arbitration Bill is currently going through Parliament. Writing in this week’s NLJ, Anna Riquetti, associate, Tom Scanlon, trainee solicitor, & Shai Wade, head of international arbitration, all RPC, analyse proposed amendments made by the Bill & make the case for a full replacement of the Arbitration Act

The arrival of the Bill 25 years after the current Arbitration Act 1996 follows recommendations made by the Law Commission. The authors look in detail at the proposal that, in certain circumstances, ‘the tribunal may render an award on a claim, defence or issue on a summary basis if it has “no real prospect of success”’. They highlight various problems that could arise.

They write: ‘If summary award procedures become too complex, they lose the advantage of speed and economy.’

MOVERS & SHAKERS

Excello Law—five appointments

Excello Law—five appointments

Fee-share firm expands across key practice areas with senior appointments

Irwin Mitchell—Grace Morahan

Irwin Mitchell—Grace Morahan

International divorce team welcomes new hire

Switalskis—14 trainee solicitors

Switalskis—14 trainee solicitors

Firm welcomes largest training cohort in its history

NEWS
The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
Artificial intelligence may be revolutionising the law, but its misuse could wreck cases and careers, warns Clare Arthurs of Penningtons Manches Cooper in this week's NLJ
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