Arbitrability of Corporate Disputes: National Realities and Foreign Experience

  • Nataliia S. KUZNIETSOVA Kyiv Regional Centre, National Academy of Legal Sciences of Ukraine, Kyiv, Ukraine
  • Yurii D. PRYTYKA Department of Justice, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine
  • Mykhailo M. KHOMENKO Department of Civil Law, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

Abstract

The tendency to promote alternative ways of resolving disputes and their effectiveness leads to the expansion of the scope of their application. The relevance of corporate dispute arbitration relates to the rising number of multinational corporations and the general tendencies of globalization and regionalization of the world economy. To identify the main tendencies in the development of national legislation, it is necessary to study the genesis of corporate dispute arbitrability. The purpose of the paper is to determine the scope of corporate disputes that may be submitted to the consideration of international commercial arbitration (arbitrable corporate disputes) under the current legislation of Ukraine (in particular, in light of the reform of procedural legislation in 2016) and the prospects for the dynamics of corporate arbitrability in the future. The tasks of the paper are to analyze the genesis of corporate dispute arbitrability; to analyze the legislation of foreign countries on arbitrability of corporate disputes; analysis of the efficiency of corporate litigation in international commercial arbitration; research into the expediency of expanding the range of arbitrable corporate disputes in the national legislation of Ukraine. There was a negative tendency in the Ukrainian legislation, formed by the current version of the COD of Ukraine, regarding the classification of at least a significant part of corporate disputes in the category of non-arbitrable, which not only does not correspond to the general global tendencies in this area, but also significantly reduces the level of investment attractiveness of Ukraine.

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Published
2020-06-15
How to Cite
KUZNIETSOVA, Nataliia S.; PRYTYKA, Yurii D.; KHOMENKO, Mykhailo M.. Arbitrability of Corporate Disputes: National Realities and Foreign Experience. Journal of Advanced Research in Law and Economics, [S.l.], v. 11, n. 4, p. 1184-1190, june 2020. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/5312>. Date accessed: 09 aug. 2020. doi: https://doi.org/10.14505//jarle.v11.4(50).14.