LISBON ARBITRATION

After three years of debate, on 26 June 2018, in its 51 st annual session held in New York, Uncitral approved final drafts for a Convention on the Enforcement of Mediation Settlement Agreements (hereinafter “the Singapore Mediation Convention”) and for a Model Law on International Commercial Mediation and International Settlement Agreements Resulting from Mediation (hereinafter “the Mediation Model Law”). These drafts will be submitted to the Commission for adoption by the end of 2018 and onl...