Guatemala ARBITRATION

 Guatemala Arbitration

Guatemala is a Contracting State to the ICSID Convention:

  • Signature: 9 November 1995
  • Deposit of Ratification: 21 January 2003
  • Entry into Force: 20 February 2003
  • On 16 January 2003, Guatemala notified ICSID that it "...will require the exhaustion of local remedies as a condition of its consent to arbitration under the [ICSID] Convention." On the same date, Guatemala informed ICSID that it "does not accept submitting to [ICSID] jurisdiction any disputes which arises from a compensation claim against the State for damages due to armed conflicts or civil distrubances."
  • Pursuant to Article 54(2) of the ICSID Convention, Guatemala has designated “Organismo Judicial” as competent for the recognition and enforcement of ICSID awards.
  • Pursuant to Article 13(1) of the ICSID Convention Guatemala has made the following panel designations effective until 4 October 2013:
    - Mr. Julio Roberto BERMEJO: Attorney
    - Mr. Francisco José CASTILLO LOVE: Attorney
    - Ms. Ana Elizabeth MANCUR MILIÁN: Attorney
    - Ms. Claudia Caterina MASELLI LOAIZA DE GODOY: Attorney
    - Dr. Milton Estuardo ARGUETA PINTO: Attorney
    - Mr. Álvaro Rodrigo CASTELLANOS HOWELL: Attorney
    - Mr. José Alberto ORIVE VIDES: Attorney
    - Mr. José Eduardo QUIÑONES LEÓN: Attorney

Guatemala is a Contracting State to the New York Convention:

  • Date of Accession: 21 March 1984
  • Entry into Force: 19 June 1984
  • Guatemala will only apply the New York Convention to the recognition and enforcement of awards made in the territory of another contracting state & only to differences arising out of legal relationships, whether contractual or not, that are considered commercial under their national law

In 1995, Guatemala enacted legislation based on the UNCITRAL Model Law on International Commercial Arbitration as adopted in 1985 and is therefore now popularly considered to be an UNCITRAL Model Law State

Guatemala is a Contracting State to both the 1899 & 1907 Convention for the Pacific Settlement of International Disputes:

  • 1899 Entry into Force: 15 June 1907
  • 1907 Entry into Force: 15 May 1911

Guatemala is a United Nations Member State:

  • Date of Admission: 21 November 1945

Official State Name: Republic of Guatemala - República de Guatemala

Official Language: Spanish, 22 Mayan Languages

Capital: Guatemala City

Motto: "País de la Eterna Primavera" "Country of the Eternal Spring"

Currency: Quetzal (GTQ)

Time Zone: Central Time (UTC-6)

International Calling Code: +502

Internet TLD: .gt

Coming soon.

For more details please check this URL : http://www.guatemalaarbitration.com