The Form of an Arbitration Clause according to the Code of Civil Procedure
Abstract
The article deals with legal issues and controversies related to the form of the arbitration clause according to the Code of Civil Procedure. The Author endorses the procedural character of an arbitration clause and analyses the reasons for the need to comply with the form of an arbitration clause, focusing by reference on the institution of arbitration clauses contained in statutes of commercial partnerships, cooperatives and associations, including sports organisations, as well as in regulations and contract templates of banks.
This publication also makes a reference to undetermined effects of non-compliance with the form of an arbitration clause, providing practical examples of correct and incorrect wording of arbitration clauses.
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