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Financial Capacity of the Parties: A Condition for the Validity of Arbitration Agreement?

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The German Federal Court of Justice ruled in 2000 that an arbitration agreement is eo ipso incapable of being performed if the parties to the arbitration agreement are not able to meet the procedural costs for the proceedings. The book discusses in detail the implications of this case law on arbitration in Germany. Furthermore, eminent lawyers from Austria, France, Switzerland, the United Kingdom and the United States set out the practical implications of impecuniosity and insolvency of parties on the arbitral process under their respective legal systems. Possible practical instruments in the banking and insurance sectors to overcome the detrimental effects of impecuniosity are discussed. The contributions are based on a conference organized by DIS in November 2002 in Berlin.

Informacija

Autorius: German Institution of Arbitration
Leidėjas: Peter Lang Publishing
Išleidimo metai: 2025
Knygos puslapių skaičius: 184
ISBN-13: 9780820464602
Formatas: 0.75 x 6 x 8.25 inches. Knyga kietu viršeliu
Kalba: Anglų

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