101 Resumé Institutionalized Arbitration In my thesis I deal with current development of arbitration. I chose this topic due to increasing common interest to solve disputes trough the arbitration proceedings. Arbitration itself represents one of the forms of alternative dispute resolution which is more and more applicable in practice. This trend sources from the fact that arbitration is faster and explicitly more flexible than the common civil proceedings. Arbitration offers an alternative to civil proceedings and it is popular tool for dispute resolution, especially as for the business law disputes. Enactment of law No. 216/1994 Coll., Arbitration act, represented a significant shift in the applicability of arbitration comparing the previo...