Definition A standby letter of credit, abbreviated as SBLC, refers to a legal document where a bank guarantees the payment of a specific amount of money to a seller if the buyer defaults on the … [Read more...] about Stand-by Letter of Credit
In the last six months, Italian law firms have seen a significant increase in contacts with companies potentially interested in litigation. The TPF or litigation funding consists, in summary, in the … [Read more...] about Coronavirus crisis relaunches the race for litigation funding
The increasing demand for transparency in arbitration has led the ICC to issue measures on the grounds of procedural decisions concerning the objection and the subsequent replacement of … [Read more...] about Transparency in international arbitration: the grounds for the decision to challenge the arbitrator.
Definition The escalation clauses introduce a number of preliminary steps before the establishment of an arbitration procedure and attempt to avoid lengthy and costly judicial or arbitration … [Read more...] about Advantages and dangers of “escalation clauses” in international arbitration