Kluwer: 2024 in Review: Latin America and Commercial Arbitration

Published on January 25, 2025

By Daniela Páez-Salgado (Senior Assistant Editor) (Herbert Smith Freehills), Aecio Filipe Oliveira (Assistant Editor for South and Central America) (Barbosa, Müssnich & Aragão Advogados – BMA) and Fabian Zetina (Assistant Editor for South and Central America) (BakerHostetler)

Despite the timid growth rate estimated at 1.9%, the lowest among all global regions, the year 2024 has been pivotal for commercial arbitration in Latin America, marked by significant legislative and institutional developments. Countries like Brazil, Argentina, Uruguay, Peru, and Costa Rica introduced reforms aimed at enhancing transparency and flexibility in arbitration practices. These changes...

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