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On 2 April 2021, Ethiopia enacted a new arbitration law, known as the Arbitration and Conciliation Working Procedure, Proclamation Number 1237/2021 (the Proclamation ), to apply to commercial domestic arbitrations and international arbitrations whose seat is in Ethiopia.
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The new law is part of larger efforts in the country to modernize its laws and position Ethiopia as business-friendly, thereby attracting more foreign investment. Ethiopia is the second most populous country in Africa, with a population of over 112 million, and the fastest-growing economy in the region according to the World Bank.
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Prior to the enactment of the new law, under the previous legal framework for arbitration in Ethiopia, there was a limitation on the scope of the competence-competence doctrine, which allows arbitrators to rule on their own jurisdiction. While the Civil Code allows arbitrators to rule on their jurisdiction, Article 3330(
South China Sea dispute: Top Philippines diplomat s shocking F-bomb rant against China
4 May, 2021 12:12 AM
5 minutes to read
Members of the Philippine Coast Guard use rubber boats as they patrol at Whitsun Reef, South China Sea last month. Photo / AP
Members of the Philippine Coast Guard use rubber boats as they patrol at Whitsun Reef, South China Sea last month. Photo / AP
AP
The Philippines has taken the gloves off in its dispute with Beijing over the South China Sea, with its top diplomat dropping the F-bomb as he demanded the withdrawal of Chinese vessels near the Scarborough Shoal.
Foreign Secretary Teodoro Locsin Jnr took to Twitter, calling China an ugly oaf and demanding it get the f out of Philippine maritime waters. His colourful language followed reports that Chinese coastguard ships had harassed their Philippine counterparts in the vicinity of the shoal, which is claimed by both countries.
Press release content from Newswire. The AP news staff was not involved in its creation.
U.S. Court of Appeals for the 10th Circuit Affirms August 2016 Arbitration Award
May 4, 2021 GMT
IRVING, Texas - May 4, 2021 - ( Newswire.com )
OTCBB: DYNR - DynaResource, Inc. (“DynaUSA”) and its subsidiary DynaResource de México SA de C.V. (“DynaMéxico”), the 100% owner of the San José de Gracía high grade gold project in Sinaloa, México, announce that the August 24, 2016 arbitration award in favor of Goldgroup Resources Inc., the wholly owned subsidiary of Goldgroup Mining Inc. (“Goldgroup”, GGA.TO) has been affirmed by the U.S. Court of Appeals for the 10th Circuit.
DynaResource, Inc.: U.S. Court of Appeals for the 10th Circuit Affirms August 2016 Arbitration Award
IRVING, TX / ACCESSWIRE / May 4, 2021 / (OTCQB:DYNR) DynaResource, Inc. ( DynaUSA ) and its subsidiary DynaResource de México SA de C.V. ( DynaMéxico ), the 100% owner of the San José de Gracía high grade gold project in Sinaloa, México, announce that the August 24, 2016 arbitration award in favor of Goldgroup Resources Inc., the wholly owned subsidiary of Goldgroup Mining Inc. ( Goldgroup , GGA.TO) has been affirmed by the U.S. Court of Appeals for the 10th Circuit.
DynaUSA and DynaMéxico s Full Execution of Monetary and Non-Monetary Awards