In this issue of IQ, we take a detailed look at the development of the right to terminate for convenience under the FIDIC Red, Yellow and Silver Books. We also review a judgment in which the court rejected claims of forum non conveniens, setting a precedent for future disputes containing DIFC-LCIA clauses. Our final two articles both look at different sections of the Arbitration Act 1996. The first considers a recent ruling that demonstrated the high standard that challenges under the Act’s section 68 must meet in order to succeed. The second covers the Law Commission’s recent decision not to recommend any reform of section 69 of the Act and compares this to the position in Italy.
The developing right to terminate for convenience under FIDIC [1]
Case Summary: Baker Hughes v Dynamic Industries [2]
The English High Court sets aside multibillion-dollar arbitral award against the Republic of Nigeria [3]
download (PDF 2.5MB) Issue 37 of International Quarterly [5]
Links
[1] https://fenwickelliott.com/research-insight/newsletters/international-quarterly/right-terminate-convenience-fidic
[2] https://fenwickelliott.com/research-insight/newsletters/international-quarterly/baker-hughes-dynamic-industries
[3] https://fenwickelliott.com/research-insight/newsletters/international-quarterly/english-high-court-sets-aside-award-nigeria
[4] https://fenwickelliott.com/research-insight/newsletters/international-quarterly/appeals-balance-finality-arbitral-awards-judicial-supervision
[5] https://fenwickelliott.com/sites/default/files/fe-iq-issue-37_january_2024.pdf