Colombian Constitutional Court declares that "impleaded" parties are bound by decisions of domestic arbitral tribunals | Practical Law

Colombian Constitutional Court declares that "impleaded" parties are bound by decisions of domestic arbitral tribunals | Practical Law

The Colombian Constitutional Court has considered whether the first paragraph of Article 37 of Law 1563 of 2012, according to which any party that guarantees an obligation under a contract containing an arbitration agreement shall be bound by an award from a domestic arbitration tribunal, is in compliance with the Colombian Constitution.

Colombian Constitutional Court declares that "impleaded" parties are bound by decisions of domestic arbitral tribunals

by Eduardo Zuleta (Partner), Gómez-Pinzón Zuleta
Law stated as at 09 Jul 2014 • Colombia
The Colombian Constitutional Court has considered whether the first paragraph of Article 37 of Law 1563 of 2012, according to which any party that guarantees an obligation under a contract containing an arbitration agreement shall be bound by an award from a domestic arbitration tribunal, is in compliance with the Colombian Constitution.