ARBITRATION AGREEMENTS IN CONTRACTS ESTABLISHING SECURITY INTERESTS – A MOLDOVAN LAW PERSPECTIVE
ARBITRATION AGREEMENTS IN CONTRACTS ESTABLISHING SECURITY INTERESTS – A MOLDOVAN LAW PERSPECTIVE
Author(s): Octavian CazacSubject(s): Law, Constitution, Jurisprudence, Civil Law, Commercial Law
Published by: Institut za uporedno pravo
Keywords: UNCITRAL Model Law; enforcement of security interest; mortgage; asymmetrical dispute resolution agreement; unilateral litigation clause.
Summary/Abstract: Moldova is a Model Law jurisdiction in statute, but it still has work to do to become a fully Model Law complaint jurisdiction in practice. Still, the availability of and friendliness to arbitration ensures a legal framework favourable to international trade, and especially to international lending to the Moldovan economy. A key factor is the recognition of asymmetric dispute resolution agreements in loan agreements and in supporting security agreements.
Journal: Strani pravni život
- Issue Year: 68/2024
- Issue No: 4
- Page Range: 487-503
- Page Count: 17
- Language: English
