Online Dispute Resolution and Blockchain technology: how does ODR work? What is a smart contract? Could ODR be helpful in settling numerous potential and related legal proceedings of a relatively simple nature? And how? Endless possibilities…
On 7 August, 46 countries signed the United Nations Convention on International Settlement Agreements Resulting from Mediation. These states have to ensure that international commercial settlement agreements are enforced. After a promising start, there are doubts as to its future implementation.
The HCCH has adopted a new convention that offers a facilitated regime of global circulation of court decisions in civil and commercial matters aiming to foster international trade. Care is needed to coherently shape the treaty’s place in existing regimes.
Asset segregation is essential for protecting clients’ assets in case of insolvency of the financial institution where the client holds its assets. The Hazelhoff Centre for Financial Law organised a seminar covering several topics in this field.
Commercial and financial transaction documentation commonly refers to the London courts to adjudicate any dispute. After Brexit, this forum clause may be problematic. The HCCC is a solution of sorts - parties may have to reconsider their choice of court.