Colombia's Law 2540/2025 Expands Arbitral Power to Enforcement Proceedings
Colombia has enacted Law 2540/2025, a significant reform that extends arbitration into enforcement proceedings, traditionally a judicial domain. This law introduces the concept of 'arbitraje para procesos ejecutivos,' allowing arbitrators to handle enforcement, thereby aiming to decongest the judicial system. The law establishes a procedural framework for enforcement arbitration, which is strictly institutional and excludes ad hoc proceedings. It also broadens the scope of arbitration agreements to include co-debtors and guarantors, enhancing the practical utility of arbitration in commercial disputes. 
