International Commercial Arbitration - Ad Hoc versus Institutional

The book offers a comparative analysis of ad
hoc and institutional arbitration, contributing to
the existing professional literature with the aim to
assist the parties making a pertinent choice.
The advantages and disadvantages of both procedures
are presented in the different procedural phases,
unveiling the risks and difficulties that one may
encounter and offering recommendations to avoid
pitfalls and dead-ends. As different constructions
may be suitable for different situations, depending
on the particularities of each dispute and business
relationship in part, and also depending on the
parties priorities, this book does not offer a
recipe to suit each and every case. The general
opinion favoring institutional arbitration is mostly
supported for reasons of ease and due to the high
risks of improperly constructed ad hoc proceedings,
but the advantages of ad hoc arbitration, if
properly administered, are also recognized,
admitting the potential primacy of this alternative
for certain cases.
This book will hopefully make a useful contribution
to make a suitable choice when opting for ad hoc
or institutional arbitration.

Autorentext
Dalma Demeter, LL.M, SJD Candidate - International Business Law, research focus on arbitration. Member of the Romanian Bar Association since 1997. Research and teaching at Central European University; short programs at the University of Cologne, La Trobe University Melbourne, University of Queensland, Garnet PhD School Geneva.

Klappentext
The book offers a comparative analysis of ad hoc and institutional arbitration, contributing to the existing professional literature with the aim to assist the parties making a pertinent choice. The advantages and disadvantages of both procedures are presented in the different procedural phases, unveiling the risks and difficulties that one may encounter and offering recommendations to avoid pitfalls and dead-ends. As different constructions may be suitable for different situations, depending on the particularities of each dispute and business relationship in part, and also depending on the parties' priorities, this book does not offer a recipe to suit each and every case. The general opinion favoring institutional arbitration is mostly supported for reasons of ease and due to the high risks of improperly constructed ad hoc proceedings, but the advantages of ad hoc arbitration, if properly administered, are also recognized, admitting the potential primacy of this alternative for certain cases. This book will hopefully make a useful contribution to make a suitable choice when opting for ad hoc or institutional arbitration.