MAIN REGULATIONS APPLICABLE TO THE ARBITRATION AGREEMENT. ELEMENTS OF NOVELTY STIPULATED IN THE PROVISIONS OF THE CODE OF CIVIL PROCEDURE
MAIN REGULATIONS APPLICABLE TO THE ARBITRATION AGREEMENT. ELEMENTS OF NOVELTY STIPULATED IN THE PROVISIONS OF THE CODE OF CIVIL PROCEDURE

Summary/Abstract: Arbitration has represented a modality of solving the civil law disputes since Antiquity. Beginning with the 20th century, arbitration has become the preferred form for solving the disputes deriving from the international trade activities. The disputes are submitted to be solved, according to the parties’ agreement, to some arbitrators designated for certain cases or to some permanent institutions of arbitration, which have the duty to judge the dispute and to render an award, which the parties commit to enforce. Due to its generalization and importance, the institution of arbitration is regulated by national laws and international agreements, both bilateral and multilateral.

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