Publication at Faculty of Law |
2021
Abstract
This article discusses the impact of lex loci arbitri on international commercial arbitration and the question of whether the Czech regulation of the arbitration proceedings can be considered arbitration friendly. First, the UNCITRAL Model Law on International Commercial Arbitration is introduced together with an overview of its implementation in Germany.
Second, the current Czech regulation is analysed and compared to the UNCITRAL Model law regulation. The author reaches the conclusion that the current Czech legislation cannot be considered arbitration friendly and that the implementation of the UNCITRAL Model Law would be beneficial.