On 17 February, the Peruvian Congress presented Bill No. 7161/2020-CR amending the Arbitration Law, which alters some of the requirements for arbitrations in Peru. The aim of the reform, it has been pointed out, is to include minimum quality standards in awards issued in the framework of national arbitrations. However, the proposed text affects key issues such as the nationality of arbitrations or the choice of arbitrators in a way that could end up being detrimental to the current good position of arbitration in Peru.
Joe Tirado (London) in his capacity as Contributing Editor of the Global Legal Insights to International Arbitration has updated the chapters on England & Wales in the recently published 7th edition of the publication.
A copy of Joe’s chapter is available at this link.