PANAMA
Nicaragua
Panama City
Costa Rica
Law and Practice Contributed by: Jorge Molina Mendoza and Alberto de Urriola Rubio FABREGA MOLINO
Panama
Colombia
Contents 1. General p.694 1.1 Prevalence of Arbitration p.694 1.2 Key Industries p.694 1.3 Arbitration Institutions p.694 1.4 National Courts p.694 2. Governing Legislation p.694 2.1 Governing Law p.694 2.2 Changes to National Law p.694 3. The Arbitration Agreement p.694 3.1 Enforceability p.694 3.2 Arbitrability p.694 3.3 National Courts’ Approach p.694 3.4 Validity p.694 4. The Arbitral Tribunal p.694 4.1 Limits on Selection p.694 4.2 Default Procedures p.694 4.3 Court Intervention p.695 4.4 Challenge and Removal of Arbitrators p.695 4.5 Arbitrator Requirements p.695 5. Jurisdiction p.695 5.1 Challenges to Jurisdiction p.695 5.2 Circumstances for Court Intervention p.695 5.3 Timing of Challenge p.695 5.4 Standard of Judicial Review for Jurisdiction/ Admissibility p.695 5.5 Breach of Arbitration Agreement p.695 5.6 Jurisdiction Over Third Parties p.695 6. Preliminary and Interim Relief p.696
7. Procedure p.696 7.1 Governing Rules p.696 7.2 Procedural Steps p.696 7.3 Powers and Duties of Arbitrators p.696 7.4 Legal Representatives p.696 8. Evidence p.696 8.1 Collection and Submission of Evidence p.696 8.2 Rules of Evidence p.696 8.3 Powers of Compulsion p.696 9. Confidentiality p.697 9.1 Extent of Confidentiality p.697 10. The Award p.697 10.1 Legal Requirements p.697 10.2 Types of Remedies p.697 10.3 Recovering Interest and Legal Costs p.697 11. Review of an Award p.697 11.1 Grounds for Appeal p.697 11.2 Excluding/Expanding the Scope of Appeal p.697
11.3 Standard of Judicial Review p.698 12. Enforcement of an Award p.698 12.1 New York Convention p.698 12.2 Enforcement Procedure p.698 12.3 Approach of the Courts p.698 13. Miscellaneous p.698 13.1 Class Action or Group Arbitration p.698 13.2 Ethical Codes p.698 13.3 Third-Party Funding p.698 13.4 Consolidation p.698 13.5 Binding of Third Parties p.698
6.1 Types of Relief p.696 6.2 Role of Courts p.696 6.3 Security for Costs p.696
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