Due to the multilateral nature of legal transactions, there is a growing need for multi-party procedures. The participation of multiple parties in the procedure and the consolidation of procedures prevent the possibility of inconsistent decisions and increase efficiency. Arbitration is less adapted to multi-party procedure compared to court procedure. The main obstacle to the implementation of the multi-party arbitration is the principle of the autonomy of the parties.
The objectives of the Master's Thesis are to present the procedural issues that arise during multi-party arbitration. It presents how the issues are solved in theory and practice.
The legal basis for conducting a multi-party arbitration is the consent of the parties, which may be given explicitly or implicitly in the arbitration agreement or by consent to the application of the arbitration rules that allow for multi-party procedure. In order for a third party to be allowed to join the arbitration proceeding, it is important that the effect of the arbitration agreement extends to him or her. In addition to seeking the consent of the parties for multi-party procedure, the main procedural issues when conducting a multi-party arbitration include the establishment of the arbitral tribunal, the principle of secrecy and confidentiality of arbitration and the apportionment of costs.
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