Thirty years of arbitration: expert discussion on the future direction of the Czech legal framework

The Czech Bar Association and the Faculty of Law of Charles University organised a conference marking thirty years of the Czech Arbitration Act. The event provided an opportunity not only to reflect on past developments but, above all, to open a discussion on how Czech arbitration should evolve in the coming years.

Petr Bříza spoke on behalf of Bříza & Trubač, while also serving as one of the co-organisers of the conference. In his contribution, he focused on possible ways to modernise the section of the Czech Private International Law Act (ZMPS) governing international arbitration.

His remarks addressed the potential for greater flexibility in the choice of conflict-of-law rules by arbitrators, the possibility for parties to agree on the law applicable to the substantive validity of the arbitration agreement, and the question of whether the Czech Code of Civil Procedure should be applied in international arbitral proceedings. According to Petr Bříza, it is precisely these issues that can contribute to greater predictability and competitiveness of the Czech framework for international arbitration.