The uncitral model law at the US state level

The arbitration law of the United States remains, regrettably, the 'Federal Arbitration Act' (FAA), enacted in 1925 and essentially unchanged. Despite its age, it has been significantly amended only once, in order to transpose into law the New York and Panama Conventions. Otherwise, it rea...

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Bibliographic Details
Published in:Arbitration international 2023-06, Vol.39 (2), p.172-190
Main Author: Bermann, George A
Format: Article
Language:English
Subjects:
Arbitration, International
International law
Judicial power
United Nations Commission on International Trade Law
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Summary:The arbitration law of the United States remains, regrettably, the 'Federal Arbitration Act' (FAA), enacted in 1925 and essentially unchanged. Despite its age, it has been significantly amended only once, in order to transpose into law the New York and Panama Conventions. Otherwise, it reads just as it did when enacted almost a century ago. Given its age and the remarkable developments in the law of arbitration over past decades, the FAA unsurprisingly fails to address a very large number of issues that have arisen in arbitral proceedings and judicial decisions on arbitration in the many intervening years. Even the solutions to the issues the FAA does address are to a great extent outdated or otherwise inadequate.
ISSN:0957-0411
1875-8398
DOI:10.1093/arbint/aiad017