Rezension Zivilrecht: Institutional Arbitration

Schütze (ed.), Institutional Arbitration – Commentary, C.H. Beck 2013 By Arian Nazari-Khanachayi, Frankfurt/M Arbitration has become one of the most important dispute resolution mechanisms within the last few decades. More than 70% of all international (commercial) contracts include an arbitration agreement or clause (see Wolff, JuS 2009, 108). Of course this number can only be a speculation since on the one side international contracts are usually not public and on the other side arbitration proceedings are supposed to be confidential; therefore, one cannot draw inferences from the amount of proceedings about the frequency of arbitration agreements or clauses within international contracts. However, the importance of arbitration proceedings needs no further comment. Accordingly, it is the case with institutional arbitration. Institutional arbitration allows the parties to choose an – often specialized – institution which then would be in charge to – for example – receive the statement of claim, constitute the tribunal or set up the proceeding rules (further Schütze, Chapter I). Therefore, institutional arbitration is to become increasingly popular; if that has not always been the case. Thus, this commentary edited by Prof. Dr. Dr. h.c. Rolf A. Schütze on institutional arbitration is perfectly shaped for lawyers/arbitrators who seek deep insight(s) into some of the world’s most important institutional rules. Schütze presents a commentary on 14 of the most important institutional rules worldwide. The work is in English language. As it has already been stated with regard to his Commentary on Institutional Arbitration in German language, the quality of this commentary reflects Schütze’s high standing and expertise within the Arbitration Circle (see Kröll, NJW 2006, 3696). Furthermore, he has been able to recruit 19 prominent arbitrators and/or lawyers to comment on each institutional rule article-by-article ...Zum vollständigen Artikel

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