Bofill Escobar Silva Abogados updates

 
Supreme Court's new take on international arbitration clauses
Bofill Escobar Silva Abogados
  • Arbitration & ADR
  • Chile
  • 26 November 2020

Historically, the Santiago Court of Appeals has held that parties' only recourse against an international arbitral award is the set-aside procedure. However, the Supreme Court recently established that parties' intentions as expressed in an arbitration clause cannot be dismissed when analysing the available forms of recourse against an arbitration award. This decision emphasises the contractual nature of arbitration and the importance of the parties' intentions when determining the effects of an arbitration agreement.

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