Thursday, May 09, 2019

Alberta Law Reform Institute Report on International Commercial Arbitration

The Alberta Law Reform Institute recently released its report on Uniform International Commercial Arbitration in which it recommends ways to bring Alberta’s international commercial arbitration law up-to-date with current international standards:
"Alberta’s current International Commercial Arbitration Act is based on uniform legislation developed in 1986. The Alberta Act has fallen behind the advances that are being made internationally and in other provinces. By updating its legislation, Alberta will catch up to those jurisdictions that have already implemented the changes. Uniformity of international commercial arbitration law is important to ensure consistency for foreign users who may be unfamiliar with Canada’s federal system of government. Uniformity will also ensure that Canada can remain competitive as a host jurisdiction for these types of arbitrations."

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posted by Michel-Adrien at 6:27 pm

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