Arbitration is quintessentially a product of party autonomy, the arbitration agreements reflecting the parties’ willingness to use this method to solve their disputes. For their validity, the legislation imposes not only substantial requirements (such as those related to the full capacity of the parties, to the free and untainted consent or compliance with the limits of arbitrability), but also formal requirements. More precisely, the arbitrat...

The bank current account contract plays a very important part with regard to the operational activity of companies. The challenges affecting its conclusion and, moreover, its performance raise the question whether, despite the regulation of the Civil Code, one is not rather dealing with a legal situation. Also, the analysis of the bank current account contract requires its legal qualification from the perspective of the account beneficiary’s w...