Cocalis & Psarras Law Firm updates

 
Challenging arbitral awards
Cocalis & Psarras Law Firm
  • Arbitration & ADR
  • Greece
  • 27 September 2018

The advantages of arbitral proceedings, including speed, may be compromised when an arbitral award is challenged. The recent changes to the Civil Procedure Code aimed at accelerating judicial proceedings have not yet shown considerable progress. In any case, the Greek courts are reluctant to set aside arbitral awards or refuse their enforcement, thus indicating that recourse to arbitration for local and international cases is a valuable instrument in alternative dispute resolution.

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