CHAPTER I. INTRODUCTION In their efforts to solve the sometimes inevitable disputes arising from the various contractual relationships connecting them, the parties of any conflict aim a unique purpose: obtaining the final and binding jurisdictional decision that constitutes the end… Read moreA parallel between the arbitral procedure before the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania and the procedure before the courts of law in Romania. Few practical aspects
The UNCITRAL Model Law on International Commercial Arbitration (hereinafter named as “the Model Law”) was prepared by UNCITRAL and adopted by the United Nations Commission on International Trade Law on 21 June 1985. It was subsequently amended in 2001, 2003, 2005, 2006,… Read more“International” requirement under UNCITRAL Model Law
It is a fact that in international commercial contracts, the relationships between the parties are so complex that sometimes, the parties’ agreement include clauses stipulated for regulating the future rapports between one or some of the parties, on one side… Read moreThe first refusal clause – legal nature and effects
The essay has in view a litigation (second appeal) held before High Court of Romania, that took place between two parties involved in a construction agreement concluded under the General Conditions of the FIDIC standard contract (the Red Book), as… Read moreDispute Adjudication Board decision enforcement under New York Convention. Admissibility in court. Does it constitute an arbitral award?