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Revision of Switzerland’s International Arbitration Law

10.04.2019 – Already today, Switzerland offers an excellent framework for international arbitration. In late 2018, the Swiss Federal Council published the draft bill for a revision of Chapter 12 of the Swiss Private International Law Act (PILA), which constitutes the lex arbitri governing arbitral proceedings seated in Switzerland. The revision seeks to further increase Switzerland’s attractiveness as a seat of international arbitration.