The arbitral tribunal’s authority to determine the applicable law in international commercial arbitration: patterns and trends
The arbitral tribunal’s authority to determine the applicable law in international commercial arbitration: patterns and trends
Author(s): Ramona-Elisabeta CirligSubject(s): International Law, Commercial Law
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: applicable law; international commercial arbitration; authority of the arbitral tribunal; party autonomy;
Summary/Abstract: Party autonomy prevails in determining the law applicable to the procedure and to the merits in international commercial arbitration. Nevertheless, when parties fail to make a choice or fail to reach an agreement, the arbitral tribunal has the authority to determinethe applicable law. The paper’s aim is to present the legal grounds for this authority, its extent and limits, and how it works in practice. In order to reach this, aim the paper starts with a general analysis of the said legal grounds (the parties’ agreement, international instruments, arbitration rules, national laws on arbitration), then continues with ananalysis of the limits imposed on the arbitral tribunal’s authority, which is large but not unlimited, and in the end looks at how this authority is exercised in practice, by scrutinizing recent jurisprudence and boiling down patterns and trends. The study will contribute to a better understanding of the current practice and trends in international commercial arbitration as regards arbitral tribunal’s authority to determine the law applicable to the procedure and the merits of a dispute.
Journal: Tribuna Juridică
- Issue Year: 9/2019
- Issue No: 18
- Page Range: 18-32
- Page Count: 15
- Language: English