Abstract
The Article is devoted to the importance and role of the arbitration court in the consideration of commercial disputes in a globalized world, when the economy begins to exist without borders, and individual jurisdictions in the territory of States retain their exclusivity. In the first part of the article, the authors briefly introduce the activities of arbitration courts in the Czech Republic, review the history of their formation and note the growing authority not only within the country but also abroad in cases not related to the Czech Republic.
The following are the advantages that arbitration can offer to the parties to an international transaction compared to litigation in state courts; the essential and recommended content of arbitration clauses and, in short, the so-called pathological arbitration clauses are presented. The analysis allowed the authors to argue that arbitration is becoming the preferred mechanism for resolving disputes in the field of international trade.