Stály Rozhodcovský Súd JSM

Seat and postal adress in the seat of the court:

E-mail:

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Sekretariát 

Mgr. Štefan Aster, zastupujúci tajomník

Riaditeľ inštitútu

Michal Lehotský

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E2E - Institute for international commercial arbitration has been registered ad interest association of legal person by District Administration Bratislava (Okresný úrad Bratislava) by   26.3. 2015 (at first under name E2E-Bratislavska iniciatíva - E2E Bratislava initiative, changed to the present name in 2016). 

The purpose of establishing an association according to Art. III of the Articles of Association is defined as follows: 1. I. research, development and education in the field of: a) the lex mercatoria and business practices, b) choice of law and international jurisdiction of courts, c) recognition and enforcement of arbitration awards, and foreign judgments in the states of Europe and Eurasia, (d) company law in Europe and Eurasia.

II. performance of the activities of the founder of the permanent arbitration court in accordance with the laws in force in the place of arbitration,

III. research, development and training in business tools for members to overcome trade barriers. 2. The Association ensures the representation of the interests of its members, including proceedings under § 369d, para. 4 of the slovak Commercial Code, joint action, promotion and promotion of common interests, and all activities necessary to meet the objectives of the association.

3. By its founding agreement, the Association took over the founding powers towards the Permanent Court of Arbitration of the JSM.

The JSM Permanent Arbitration Court is independent from the members or bodies of association, representing the interests of the association members does not include any interference in the decision-making activities of the appointed arbitrators or the JSM PCA Secretariate.

E2E-Institute duly notified its transfer of regular venue of its Arbitration activities to the Zurich to the Slovak Ministry of Justice. Secretariate of Institute at first was located at Thurgauerstrasse in Zurich, now it is located at Eugen-Huber-Strasse also in Zurich.

Below you can find link to the excerpts from respective notifications to the Justice Ministry and from register of Interest Associations of legal persons administered by Interiot Ministry of the Slovak republic, unfortunately only available in slovak language.

ves.minv.sk/rez/registre/pages/detailzzpo.aspx?id=210842&full

https://obcan.justice.sk/infosud-registre/-/isu-registre/reg-detail/srSud/srSud_34

Simplifying rather robust catalogue of model clauses codified by JSM PCA as Model clauses with its interpretation rules, parties regularly choose arbitration clauses with seat of arbitration in Switzerland and regulated by JSM PCA rules of proceeding, with following standard wording:

Arbitration clause

All disputes between the parties to this agreement, arising out of the main contract or other agreements between the parties, or in connection with these contracts and agreements, including disputes concerning the validity, breach, interpretation and revocation of the contracts and agreements between parties, as well as on the arbitrability of the dispute shall be resolved exclusively by arbitration before the JSM Permanent Court of Arbitration (www.aaa-arbitration.org) in accordance with its rules and regulations, published in the Commercial Bulletin of the Slovak Republic. The parties expressly agreed on the application of Article. 192 Swiss PILA ( Private international law Act - Budnesgesetz über internationals Privatrecht) to exclude the review and annullment of the arbitration award by Swiss Federal Tribunal. Parties agreed that the  seat of the arbitral tribunal (place of arbitration) shall be city of Zug, Canton of Zug, the Swiss Confederation.

Via   the International Arbitration Amendment Act (2010) enforcement of the foreign arbitral awards in Australia has been strengthen. If debtor has assets in more states or territories of Australian Commonwealth, request for enforcement is to be submitted to Federal Court instead of more state´s courts. Moreover Court Leave for enforcement was absorbed in one stage with request for enforcement, which strengthen arbitration as competitive to adjudication based on state´s statutory laws ( e.g. Construction Acts). 

Arbitration in common law countries has been seen as relatively burdensome proceeding, and adjudication in construction contracts was intended as cheaper way to proceed with claims from contracts. In fact , for company expanding from CEE costs of adjudication in Australia would be even higher than costs of arbitration via proposed JSM Permanent Court of Arbitration with venue in Switzerland.

Parties are recommended to use model arbitration and dispute resolution agreements contained in JSM PCA Interpretation Rules of model arbitration clauses and agreements. Interpretation Rules under § 274 of the slovak Commercial Code are binding rules for parties intention and will interpretation (as for Incoterm Interpretation Rules). Specific wording is drafted for consumer disputes and disputes arising from electronic communications services and networks.

Publishing of Law unity decisions (Rpj) of its Board (in section Planum tabulare) JSM PCA supports predictability of decision making.

In the case of arbitration with seat of tribunal in the Switzerland, parties are free to exclude judicial review of the Award.

Unique proceeding of review of the Award by another arbitrator strengthens cost efficiency of setting aside proceeding and eliminate procedural delays. Possibility of award review strengthens  enforceability of the Award, trough elimination of procedural and law  errors.

JSM PCA Rules of proceeding set up time-limits not only for parties but also for the Tribunal/Arbitrator; longest possible time-limit for case final decision is 90 days.

For the Arbitration Tribunal authority recognition proceeding JSM PCA applies provisions of Code of Civil Procedure, concerning effects of the court´s issued Call for objection against next proceeding (If party fails to rise objection, it shall be considered as waiver of right to object).