Determining the law governing obligations in arbitration and the applicability of the Rome I Regulation

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F20%3A10246379" target="_blank" >RIV/61989100:27510/20:10246379 - isvavai.cz</a>

Result on the web

<a href="http://www.nipr-online.eu/" target="_blank" >http://www.nipr-online.eu/</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Determining the law governing obligations in arbitration and the applicability of the Rome I Regulation

Original language description

Factors specifc to arbitration, and partieularly the fact that the place ofarbitration is oflen chosen as a neutral venue with no links to the domicile of the parties or to the subject of the dispute, also influence the procedures followed to determine the substantive law governing obligations. Even so, it is essential to employ a method for determining this law that is transparent, that excdudes arbitrariness on the part of arbitrators, and hat allows the parties to rely on a certain degree of predictability. Considering the growing importance of the seat of arbitration, wbich has seen the relevance of the theory of the anationality of arbitration decline in most cases, it is always necessary to assess the importance of the lex fori arbitri in determining the applhcable substantive law. Unless the application of EU legislation, and hence also the Rome I Regulation, on the law applicable to obligations stems, as a matter of necessity. from the mandatory lex fori arbitri (uhich tends to be the exception), the application of the Rome I Regulation must always be kept to a minimum. There is therefore no reason why the Rome I Regulation cannot also be used in arbitral procedings to determine the aplicable law. Arguments such as the fact that this is a regulation applicable excusively to civil itigation must be rejected.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Nederlands Internationaal Privaatrecht

ISSN

0167-7594

e-ISSN

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Volume of the periodical

2020

Issue of the periodical within the volume

4

Country of publishing house

NL - THE KINGDOM OF THE NETHERLANDS

Number of pages

17

Pages from-to

634-651

UT code for WoS article

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EID of the result in the Scopus database

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