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New Mediation and Arbitration Law
  • Nicaragua
  • 04 May 2006

The new Mediation and Arbitration Law was finally published in the Official Gazette on June 24 2005. Among other things, parties may request the nullity of arbitration awards before the Civil Court of the Supreme Court of Justice. Therefore, arbitration awards cannot be considered as final decisions and the arbitration process cannot be carried out independently of the judicial power.

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