Question 1

What is international commercial arbitration?

Accepted Answer

International commercial arbitration is a private dispute resolution mechanism where parties agree to submit their disputes to one or more arbitrators. It's binding, confidential, and widely enforceable under the New York Convention (168 countries). We represent clients in ICC, LCIA, VIAC, and ad hoc arbitrations.

Question 2

How long does cross-border arbitration take?

Accepted Answer

Typical commercial arbitrations take 12-18 months from filing to award. Expedited procedures are available for disputes under certain thresholds (e.g., ICC expedited rules for claims under US$3 million). Emergency arbitration can provide relief within days.

Question 3

Can you enforce a foreign arbitral award in Romania?

Accepted Answer

Yes. Romania is a signatory to the New York Convention. We handle the exequatur procedure for recognizing and enforcing foreign arbitral awards in Romania, as well as enforcement of Romanian awards abroad.

Question 4

How do you determine which court has jurisdiction in cross-border disputes?

Accepted Answer

For EU disputes, the Brussels I Recast Regulation provides rules on jurisdiction. For non-EU disputes, we analyze bilateral treaties, forum selection clauses, and applicable private international law rules. We advise on optimal forum selection strategies.

Question 5

What are the costs of international arbitration?

Accepted Answer

Established by direct negotiation between the office and the client.

Question 6

Do you handle investor-state disputes?

Accepted Answer

We advise on bilateral investment treaty (BIT) claims and investor-state dispute settlement (ISDS) under ICSID and UNCITRAL rules. We help investors understand their treaty protections and evaluate the viability of investment treaty claims.

Question 7

Can disputes be resolved remotely?

Accepted Answer

Yes. Modern arbitration institutions accept virtual hearings. We regularly conduct arbitrations entirely online, including witness examinations, expert presentations, and oral arguments via video conference.

Question 8

What is the New York Convention?

Accepted Answer

The Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) allows arbitral awards to be enforced in 168+ signatory countries. This makes arbitration more enforceable globally than court judgments, which is why it's the preferred mechanism for international commercial disputes.

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