SAO PAULO, Feb 3 (Reuters)- Netherlands-based Paper Excellence BV has won an arbitration case against Brazilian group J&F Investimentos SA to complete the acquisition of paper mill Eldorado Brasil Celulose SA, two sources with knowledge of the matter said on Wednesday.
Read moreSão Paulo State Court of Appeals Annulled Award Due to Violation of Arbitrator’s Duty of Disclosure
Enforcement of common and civil law arbitral awards in Latin America and the Caribbean: the Brazilian and Cayman example
Arbitration provisions under contracts for insurance can often provide for a more expeditious and confidential (although not necessarily cheaper) settlement of disputes than passage through the courts. These provisions can either be mandatory or voluntary to the insured (or cedant) and insurer (or reinsurer) bound by the contract.
Furthermore, the procedural rules by which the arbitration will be governed tend to be agile, and usually involve a third party arbitration service (e.g. the International Chamber of Commerce, the Jamaica International Arbitration Centre, the Arbitration and Mediation Court of the Caribbean in Barbados, or the Centro de Arbitragem e Mediação da Câmara de Comércio Brasil-Canadá in Sao Paulo and Rio de Janeiro).
Read moreThe law governing the arbitration agreement: Why we need it and how to deal with it
International arbitration constantly relies on choice-of-law rules to determine which law should apply to which aspect of the dispute. There are usually more than one national system of law bearing upon an arbitration proceeding and sometimes tribunals invest too much time determining which one is to apply to a precise matter.
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