Mexico is experiencing one of the most significant institutional transformations in its modern legal history. The judicial reform approved in 2024 fundamentally changes the composition of the federal judiciary by introducing the popular election of judges, magistrates, and Supreme Court justices. While supporters argue that the reform will increase democratic accountability, many participants in the business community have expressed concerns about its potential impact on judicial independence, …
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Venezuela Six Months Later: An Update for the Arbitration Community
In “Venezuela Six Months Later: An Update for the Arbitration Community,” the author examines how Venezuela’s evolving political and economic landscape could affect international arbitration, foreign investment, and the country’s efforts to rebuild its energy sector. The commentary explores the positions of major oil companies, including ExxonMobil, Chevron, ConocoPhillips, and Repsol, while considering the continuing significance of unpaid arbitral awards and judgments arising from earlier …
You Can’t Always Get What You Want
Arbitration practitioners and neutrals alike are familiar with the abundant case law setting a high bar for losing parties seeking to avoid enforcement of a foreign arbitration award under the New York Convention. In a case argued before the Second Circuit Court of Appeals on February 16, 2024, one member of the three-judge panel invoked the words of Don Corleone in The Godfather to underscore that users of arbitration must accept the result of the dispute resolution process that they …
