The Netherlands updates its Arbitration Act

By Wouter de Clerck

Although the Netherlands is not yet recognised as a traditional seat for international arbitration when compared with established seats such as France (Paris), the UK (London) and Switzerland (Geneva), its parliamentary capital, the Hague, is firmly on the international arbitration map as an alternative seat.

Home of the Permanent Court of Arbitration (PCA) since 1901, the city traditionally attracts arbitrations between states and private parties and is likely to broaden its reach still further with the recent establishment of the PRIME Finance arbitration institute for the settlement of disputes in relation to complex financial transactions.

In April 2013 the Dutch government published a bill for the ‘modernisation of Netherlands arbitration law’. Among other things, the bill aims to ensure the continued appeal of the Netherlands Arbitration Act (1986) to international users. Some of the changes that are proposed in the bill are discussed below…

If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.

Briefings from DLA Piper

View more briefings from DLA Piper

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

3 Noble Street
London
EC2V 7EE
UK
http://www.dlapiper.com

Turnover (£m): 1,539.00
No. of lawyers: 4,374(UK 200)
Jurisdiction: Global
No. of offices: Over 75
No. of qualified lawyers: 625 (International 50)