THE ARBITRAL DECISION PRONOUNCED IN AD-HOC DOMESTICLAW ARBITRATION IN THE REGULATION OF THE NEW ROMANIAN CODE OF CIVIL PROCEDURE

Authors

  • Daniela Cristina Creț “Vasile Goldiș” Western University of Arad

DOI:

https://doi.org/10.15837/aijjs.v8i4.1653

Abstract

The need to relieve the Romanian judicial system from the large number of cases, coupled with the assignment of specific prerogatives to certain people, bodies or institutions regarding the settlement of certain disputes, has resulted in the extension of arbitration as a significant way of settling litigations of a private nature.
This article presents some issues referring to arbitration in Romania, and then analyze, from the perspective of the New Romanian Code of Civil Procedure, the features of a settlement pronounced as a result of ad-hoc domestic-law arbitration, called arbitral decision, stressing elements of novelty and essential changes brought to it.

Author Biography

Daniela Cristina Creț, “Vasile Goldiș” Western University of Arad

Faculty of Law, Department of Private Law

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Published

2014-12-17

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