Kluwer: Santiago Court of Appeals Upholds Arbitral Award Against the Republic of Ecuador

Published on January 9, 2025

By Elina Mereminskaya (Independent Arbitrator)

On October 18, 2024, the Santiago Court of Appeals rejected a petition seeking the annulment of an international arbitration award, once again providing strong arguments in favor of the validity of international commercial awards (Case No. 12506-2022). In the twenty years since the enactment of the International Commercial Arbitration Law (ICAL) No. 19971, no international...