Arbitration

Arbitration is a significant feature of modern commercial life and is a very useful part of the system of resolution of disputes. In Ireland we have the benefit of the Arbitration Act 2010 (2010 Act) which came into force on the 8th of June 2010.

This 2010 Act includes the entire text of the UNCITRAL (United Nations Commission on Trade Law) Model Law on International Commercial Arbitrations which is a world wide consensus on the principles and important issues of international arbitration practice. This Model Law has been adopted by more than 50 countries and covers all stages of the arbitration process.

The 2010 Act is intended to create a more stream lined, cost effective and user friendly arbitrative system and should present a genuine alternative to the civil justice system of litigation. The 2010 Act applies only to arbitrations commenced on or after the operation dated (8 June 2010). It repeals the three existing statutory sources of arbitration law in the Republic of Ireland, namely the Arbitration Act 1954, the Arbitration Act 1980 and the Arbitration (International Commercial) Act 1998 and consolidated the legislative framework governing all arbitrations held in the Republic of Ireland into a single source.

Key personnel

The ByrneWallace Commercial Litigation Department has a proven record in successful dispute resolution through arbitration, especially in the areas of corporate disputes, construction contract disputes and commercial trade disputes. We have advised both domestic and international clients in relation to all aspects of arbitration proceedings. For arbitration advice please contact: