Principle of party autonomy in International Commercial arbitration with the special focus on the choise of Law application to the substance of the dispute

Ovaj diplomski rad obrađuje pitanje načela stranačke autonomije u međunarodnoj trgovačkoj arbitraži. Cilj je rada ukratko objasniti pojam arbitraže, njene izvore, prednosti i nedostatke, a poseban fokus staviti na načelo autonomije u pojedinim fazama arbitraže. Najveći dio rada bit će posvećen izboru prava mjerodavnog za bit spora od strane stranaka. Kroz odredbe nacionalnih propisa (Zakon o arbitraži), institucionalnih pravila (UNCITRAL Arbitražna pravila, Arbitražna pravila Međunarodne trgovačke komore ) i konvencija (Newyorška Konvencija) prikazat će se kako funkcionira načelo stranačke autonomije te koja prava i načine stranke mogu odrediti kao mjerodavne za bit spora. Zaključno će se objasniti i kako zaštita javnog poretka, vrijeme izbora, i pravila neposredne primjene utječu na valjanost izbora mjerodavnog prava za bit spora.This thesis deals with the issue of the principle of party autonomy in international commercial arbitration. The aim of this thesis is to briefly introduce the concept of arbitration, its sources, advantages and disadvantages, and to put a special focus on the principle of autonomy in certain stages of arbitration. The major part of the thesis will be devoted to the choice of law, applicable to the substance of the dispute, made by the parties. It will be explained, through the provisions of national laws (Croatian Arbitration Act), institutional rules (UNCITRAL Arbitration Rules, International Chamber of Commerce Arbitration Rules) and conventions (New York Convention), how the principle of party autonomy works and which law and methods can parties determine as applicable to the substance of the dispute. In the end, it will be explained how the protection of public policy, time when the choice can be made, and overriding mandatory provisions affect the validity of the choice of law applicable to the substance of the dispute