Allen & Overy Bratislava sro updates

Draft Amendment to Arbitration Act May Discourage Arbitration
Allen & Overy Bratislava sro
  • Arbitration & ADR
  • Slovakia
  • 18 September 2008

The Ministry of Justice recently published its proposal for an amendment to the Arbitration Act which aims to strengthen consumer protection. This update looks at some of the key changes envisaged by the amendment and the effect that they might have on arbitration proceedings.

New Law Restricts Arbitration of Consumer Disputes
Allen & Overy Bratislava sro
  • Arbitration & ADR
  • Slovakia
  • 10 January 2008

A recent amendment to the Slovak Civil Code has made it harder to arbitrate consumer disputes. Effective as of January 1 2008, the amendment makes all exclusive arbitration clauses within consumer contracts null and void. The amendment also appears to apply retroactively to all consumer contracts concluded before it came into force.

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