ROLE OF ARBITRATION AS AN ALTERNATIVE TO STATE JUSTICE

Alina Mioara Cobuz Bagnaru ()
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Alina Mioara Cobuz Bagnaru: Bucharest Bar Association, Romania

Perspectives of Law and Public Administration, 2013, vol. 2, issue 1, 57-65

Abstract: Arbitration is an alternative jurisdiction to state justice, characterized by privacy. As part of managing this type of jurisdiction, the parties to the dispute and the competent Arbitral Tribunal may establish other rules of procedure which may depart from common law; such rules shall not be contrary to public order or to the binding provisions of the law.

Keywords: arbitration; the arbitral tribunal; commercial law; justice (search for similar items in EconPapers)
JEL-codes: K41 (search for similar items in EconPapers)
Date: 2013
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