Arbitration Law

Arbitration Law

Our expertise in Arbitration Law ensures that clients receive comprehensive support in navigating the complexities of alternative dispute resolution. We represent clients in various arbitration proceedings, advocating for their interests and facilitating effective outcomes. Our services include drafting arbitration agreements, selecting qualified arbitrators, and guiding clients through both domestic and international arbitration processes. With a commitment to tailored legal solutions, we strive to achieve efficient and favorable resolutions that align with our client’s specific needs.

Arbitration offers an alternative to court litigation. It is private, binding, and, in many cases, faster and more flexible than court proceedings. But arbitration is only as good as the arbitration agreement, the arbitral process, and the enforceability of the resulting award.

The firm advises on arbitration clauses in commercial contracts. Drafting clauses that are clear, workable, and enforceable. Choosing between institutional arbitration—under the rules of the ICC, LCIA, or other bodies and ad hoc arbitration. Selecting the seat of arbitration, which determines the curial law and the supervisory jurisdiction of the courts. These choices have consequences, and the firm ensures that clients understand them before they are bound.

When disputes arise, the firm acts as counsel in arbitrations. Preparing the statement of claim or defence. Gathering and presenting evidence. Making oral and written submissions to the arbitral tribunal. Arbitration procedures are more flexible than court procedures, but they still require rigorous preparation and persuasive advocacy.

The Cypriot courts support arbitration in various ways. They can grant interim measures in support of arbitration. They can assist with the taking of evidence. They can appoint arbitrators where the parties’ mechanism has failed. The firm advises on these applications, ensuring that the arbitration process runs smoothly.

Recognition and enforcement of arbitral awards is governed by the New York Convention, to which Cyprus is a party. Awards made in other Convention states are enforceable in Cyprus subject to limited grounds for refusal. The firm handles enforcement applications, and also advises on resisting enforcement where grounds exist.

Arbitration is not always the right choice. The firm advises on the pros and cons of arbitration compared to litigation, mediation, or other forms of dispute resolution. The goal is to match the process to the dispute, ensuring that clients have the best possible chance of a favourable outcome.