Resolution of International Commercial Disputes Before Serbian Arbitral Institutions – Certain Salient Features of the New Institutional Rules
Liber Amicorum, Gaso Knezevic, T. Varady, D. Mitrovic, D. Hiber, V. Pavic, M. Djordjevic, M. Jovanovic (eds), pp. 304-346, ISBN 978-86-7630-664-0, Belgrade 2016
43 Pages Posted: 24 May 2017
Date Written: November 1, 2016
Abstract
This paper presents a critical overview of recent changes of the institutional framework for arbitral dispute resolution in Serbia. The authors analyze differences between the rules of the two arbitral institutions seated in Serbia, and compare them with the rules of the major arbitral institutions in Europe. The paper focuses on issues related to arbitral jurisdiction, selection and appointment of arbitrators, rules of procedure and costs. Finally, the authors offer the view on how the existing shortcomings can be dealt with, including suggestions for improvement of overall legal framework for arbitration in Serbia.
Keywords: Arbitral Institutions, Arbitration Agreement, Jurisdiction, Arbitrators, Provisional Measures, Costs
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