International Commercial Arbitration

The purpose of this thesis is to analyze international commercial arbitration, both ad-hoc and institutional, and institutional investment arbitration as the two types of arbitration procedure within international commercial transactions. The reason for my research is incessantly growing importance of arbitration as an alternative method for resolution of disputes arising out of commercial and investment relationships. In its first, general, part thesis focuses on basic principles and characteristics of international commercial arbitration and points out some of the issues that could emerge during an effort to use arbitration for dispute resolution. The second part of thesis outlines UNCITRAL Arbitration Rules as the most used arbitration rules in ad-hoc arbitration and to the contrary arbitration procedure before selected arbitration courts. Thesis also describes differences between Czech arbitration law and UNCITRAL Model Law on International Commercial Arbitration