A CRITICAL APPROACH OF LEGAL REGULATIONS IN ARBITRAL MATTERS
Florea Măgureanu and
Beatrice Berna
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Florea Măgureanu: Romanian American University, Bucharest, Romania
Beatrice Berna: Titu Maiorescu University, Bucharest, Romania
Contemporary Legal Institutions, 2014, vol. 6, issue 1, 47-57
Abstract:
The arbitral procedure is distinguished through the valuing and reinterpreting of the status of the individual as a law subject. It is only fair to allege that, in arbitral matters, the complexity and novelty of the regulatory process are due to care for the individual and also, to the combining of the subjective concept (derived from the individual’s point view upon the conflict) and the objective concept (derived from the provisions of the rule of law). Consequently, legal provisions may present limitations and insufficient development regarding the class conflicts subjected to arbitration. In this point of our demonstration becomes lawful and legitimate the criticism of the arbitration regulations.
Keywords: arbitration procedure; the legal status of the individual; the complexity of the regulatory process; the criticism of legal regulations (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:rau:clieui:v:6:y:2014:i:1:p:47-57
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