Victoria Associates – International – Business – Disputes
In a decision of significant practical import, Portugal’s Supreme Court of Justice (Supremo Tribunal de Justiça) has held that a shareholders’ resolution is voidable under Article 58(1)(b) of the Portuguese Companies Code where a sole … Read the rest
On 27 February 2025, the Lisbon Court of Appeal delivered its decision in Case No. 2369/23.0YRLSB, concerning the recognition in Portugal of a London arbitral award issued under the Refined Sugar Association Rules. The judgment provides important guidance on due … Read the rest
The UK Supreme Court has handed down an important decision in Process & Industrial Developments Ltd (P&ID) v The Federal Republic of Nigeria ([2025] UKSC 36), unanimously dismissing P&ID’s appeal against a costs order made in favour of Nigeria. The … Read the rest
The Fair and Equitable Treatment (FET) standard lies at the heart of international investment law. It serves as a safeguard for foreign investors, ensuring that host states uphold principles of fairness, consistency, and predictability in the treatment of their investments. … Read the rest
Introduction
The principle of “pacta sunt servanda”—agreements must be religiously kept—forms the bedrock of international contract and arbitration law. Arbitration agreements, in particular, have historically been insulated from ex post challenges, with courts across most jurisdictions insisting that parties abide … Read the rest
The right to compensation in the event of termination may arise in multiple legal contexts. The contracts where this issue arises the most are the distribution contracts (agency, franchise and the like).
In Portugal, distribution contracts do not … Read the rest
When Third-Party Funding (TPF) is mentioned, surely the first question that (still) arises for most people is: what is it all about? If we translate this expression into “third-party funding of litigation”, perhaps the doubts will be dispelled for the … Read the rest
As the art world continues to grow, so does the need for professionals who understand both the legal and commercial aspects of the industry. With the increasing frequency of disputes in the art market, it is … Read the rest
The independence and impartiality of the arbitrators is a long lasting hot topic in international arbitration. Indeed, one of the fundamental requirements of the decision-making process of arbitration is that the arbitrators must be, and remain throughout the entire proceeding, … Read the rest
When selecting a dispute resolution method, the expense of arbitration is a primary consideration. As disputes become unavoidable, parties often first wonder, “What will the financial implications be?” Sometimes, by this stage, it might feel late for such considerations.
Surprisingly, … Read the rest