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Global Practice Guide to International Arbitration

Global Practice Guide to International Arbitration

Publication: Chambers and Partners

In an era of continuous change, Romania is one of the most dynamic markets when it comes to international arbitration disputes.

International arbitration has been gaining significant ground in Romania for some time now, with an increase in its use resulting predominantly from disputes related to the various infrastructure projects started by the public authorities in Romania with the help of European financing.

The main sector experiencing international arbitration activity has been, and continues to be, the construction industry. According to unofficial statistics covering the first half of 2019, more than 50% of the existing international and domestic arbitration cases relate to construction disputes.

However, international arbitration has gained ground as the principal method of cross-border dispute resolution in many sectors as it offers an as yet unparalleled system of decision-making that is efficient, neutral and internationally enforceable.

The Chambers Global International Arbitration Guide 2019 provides expert legal commentary from top ranked lawyers on key issues for businesses and a comparative analysis on law and practice in 47 jurisdictions. The Romania Chapter covers important developments related to the practice of arbitration in Romania, dwelling on topics like: governing legislation, the arbitration agreement, the arbitral tribunal, jurisdiction, procedure, evidence, enforcement of awards and many more relevant insights on both domestic and international procedures.

Authors: Alina Tugearu , Cosmin Vasile

Trends and Developments (PDF)


This is an extract from The Global Practice Guide to International Arbitration. The whole publication is available here.

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