UNCITRAL Model Law on International Commercial Arbitration

In Pell Frischmann Consultants Ltd v. the Republic of Cyprus the Supreme Court decided, among other things, that Law 101/87, which adopted the United Nations Commission on International Trade Law (UNCITRAL) Model Law on International commercial Arbitration, does not apply to contracts to which Cyprus is a party, except with the prior consent and approval of the Council of Ministers.


In addition, the Court found that the provisions of the UNCITRAL Model Law do not preclude parties from agreeing to refer their disputes to domestic arbitration.

In the case at hand the foreign company lodged an appeal against the first instance court’s decision to dismiss its application to stay legal proceedings that Cyprus had filed against it for breach of contract. The application for a stay was based on the UNCITRAL Model Law. The first instance court dismissed the application on the grounds that, among other things, Cyprus was not bound to arbitrate for the specific contract because the prior consent or approval of the Council of Ministers had not been obtained.

The Supreme Court, in its appellate jurisdiction, finally approved the first instance court’s decision.

 

 

 

 

For further information on this topic please contact

Mr. Soteris Pittasspittas@pittaslegal.com ) at SOTERIS PITTAS & CO LLC,

by telephone (+357 25 028460) or by fax (+357 25 028461)

 

 

The content of this article is intended to provide a general guide to the subject matter. Specialist advise should be sought about your specific circumstances.

 

Публикации 2010

Arbitration in Austria by Dr. Erhard Böhm
13 дек 2011 17:36

LEGAL FRAMEWORK AND COURTS
• Arbitration in Austria has a remarkable tradition. The first arbit [ ... ]

read more
CYPRUS COURTS & PROCEDURE
09 дек 2011 23:38

  1. Court System   What is the structure of the civil court system? There are two tiers of co [ ... ]

read more
ЗАЩИТА МИНОРИТАРНЫХ АКЦИОНЕРОВ НА КИПРЕ – СРЕДСТВА...
06 дек 2011 22:43

ЗАЩИТА МИНОРИТАРНЫХ АКЦИОНЕРОВ НА КИПРЕ – СРЕДСТВА З [ ... ]

read more
МОШЕННИЧЕСТВО И ВОССТАНОВЛЕНИЕ АКТИВОВ...
06 дек 2011 17:33

Многие случаи мошенничества связаны со сложной систем [ ... ]

read more
Litigation
30 нояб 2011 22:31

  Contributed by Soteris Pittas of SOTERIS PITTAS & CO LLC December 28th, 2009   By a rece [ ... ]

read more
ЗАКОННОЕ ПРАВО КИПРСКИХ СУДОВ ВЫПУСКАТЬ ВРЕМЕННЫЕ ...
30 нояб 2011 22:06

ВВЕДЕНИЕ Кипрские Суды обладают юрисдикцией выпускат [ ... ]

read more
ПОЛОЖЕНИЕ 44/2001 ЕС КАК МЕХАНИЗМ ПРАВОВОЙ ЗАЩИТЫ ...
30 нояб 2011 22:03

ВВЕДЕНИЕ В виду присоединения Республики Кипр к Европ [ ... ]

read more
Lawyers / Client Confidentiality
30 нояб 2011 22:01

  The foundation of the relationship between a lawyer and his Client, in the effective representat [ ... ]

read more
ВОЗМОЖНЫЕ КОНФЛИКТЫ МЕЖДУ АКЦИОНЕРНЫМИ СОГЛАШЕНИЯМ...
30 нояб 2011 21:58

Очень часто бизнесмены, создавая совместные предприят [ ... ]

read more
МОСКОВСКИЙ БИЗНЕС ЖУРНАЛ
30 нояб 2011 17:38


Июль-Август 2007 № 14(123)
Страницы 52-56
В чем польза трастов [ ... ]

read more
Litigation - Cyprus
26 нояб 2011 22:32

Contributed by Soteris Pittas of SOTERIS PITTAS & CO LLC   Anti-Suit Injunctions December 28 [ ... ]

read more
МЕМОРАНДУМ О МЕЖДУНАРОДНЫХ КОЛЛЕКТИВНЫХ ИНВЕСТИЦИЯ...
26 нояб 2011 22:24

ОТКРЫТЫЕ ФОНДЫ КОЛЛЕКТИВНОГО ИНВЕСТИРОВАНИЯ В ОБРАЩА [ ... ]

read more
Arbitration
25 нояб 2011 22:18

INTERNATIONAL MULTILATERAL CONVENTIONS 1. Is your country a contracting state to the New York Conv [ ... ]

read more
ПРОИЗВОДНЫЕ (ДЕРИВАТИВНЫЕ) ИСКИ В РЕСПУБЛИКЕ КИПР...
20 нояб 2011 22:11

ВВЕДЕНИЕ Кипр принял Англо-Саксонскую правовую систем [ ... ]

read more
ИСПОЛНЕНИЕ ИНОСТРАННЫХ АРБИТРАЖНЫХ РЕШЕНИЙ СОГЛАСН...
16 нояб 2011 22:14

Предоставил Сотирис Питтас, SOTERIS PITTAS & CO LLC 31 Октября 20 [ ... ]

read more
An Applicant cannot abuse the machinery of the Mar...
22 сен 2011 22:36

Contributed by Soteris Pittas of SOTERIS PITTAS & CO LLC September 23rd, 2010   In a recent  [ ... ]

read more
More Publications 2010

Subscribe to our Publications

Image
We are dedicated to providing our clients with outstanding, highly personalized, legal representation.
Chrysanthou Mylona 10 
3030 - Limassol, Cyprus
© Soteris Pittas & Co LLC. All Rights Reserved.
Image