Abstract
International arbitration proceedings give rise to a variety of choice-of-law issues, particularly when you add the increasing implementation of digital technologies. The success of the economic collaboration between the counterparties of various jurisdictions depends on the choice-of-law by the parties in dispute. This article focuses on how to properly choose the applicable law in arbitrations for international commercial disputes in the Republic of Panama, adding the particularities of the increasing use of digital technologies. The author explores the nuances and specificities when parties have expressly chosen an applicable law to the dispute and the legal reasoning and theories behind properly selecting the law applicable when the choice-of-law by the parties is absent, considering different approaches such as conflict-of-law rules, the closest connection test, the cumulative method, international conventions, and transnational principles of laws.
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Acknowledgements
This work was financially supported by the Grant of the President of the Russian Federation No. NSH-2668-2020.6 “National-Cultural and Digital Trends in the Socio-Economic, Political and Legal Development of the Russian Federation in the 21st Century.”
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Rusakova, E.P., Dominguez, E.J.Y. (2022). Applicable Law to International Commercial Arbitration in Panama (Digital Aspects). In: Inshakova, A.O., Inshakova, E.I. (eds) New Technology for Inclusive and Sustainable Growth. Smart Innovation, Systems and Technologies, vol 288. Springer, Singapore. https://doi.org/10.1007/978-981-16-9808-8_22
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