The Court of Arbitration attached to the Hungarian Chamber of Commerce and Industry

General information

Official name The Court of Arbitration attached to the Hungarian Chamber of Commerce and Industry
Address Kossuth tér 6-8
City Budapest
Country Hungary
Telephone (36) 1 474 51 81
Fax (36) 1 474 51 82
URL http://www.mkik.hu/
Email vb@mail.mkik.hu
Presentation
The Court of Arbitration is attached to the Hungarian Chamber of Commerce and Industry. The Hungarian law on arbitration, effective as of December 13, 1994 is based on the UNCITRAL Model-Law. The New York Convention on the recognition and enforcement of foreign arbitral awards was also adopted in Hungary. The number of cases decided by the Court of Arbitration attached to the Hungarian Chamber of Commerce are, on average, more than 250 per annum.
Functions
The Arbitration Court and their arbitrators are independent of the Hungarian Chamber of Commerce. The arbitrators are selected from among persons who have legal, economic and other knowledge necessary for the resolution of legal disputes by arbitration. More than 70 Hungarian and 24 foreign arbitrators are listed in the roll of arbitrators.
Services
The Court of Arbitration may conduct proceedings (not only hearings) in a foreign language. It should be noted that a foreign national may represent a party and may be elected President of the arbitral tribunal.

Documents

  English French Spanish
Model Clause    
Rules of proceedings of the Court of Arbitration attached to the Hungarian Chamber of Commerce and Industry (2000)    


Last update : 2003-03-30