Resolving disputes that may arise between franchisors and franchisees efficiently is crucial to maintaining the stability and success of a franchise arrangement.
Germany is in the process of renewing its arbitration law, which in its current version dates from 1997. In April 2023, the German Federal Ministry of Justice (the “Ministry”) published.
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This landmark legislative reform is aimed at creating a more favourable and standardised legal environment for the conduct of international arbitration and the enforcement of international arbitration awards in Papua New Guinea.