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France

French arbitration law is set out in the French Civil Code and the New French Code of Civil Procedure (NCFC). France is also a party to several international treaties on the recognition and enforcement of arbitral awards. French law governing international arbitration is flexible and relatively free...

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Bibliographic Details
Published in:International financial law review 1993-05, p.7
Main Authors: Bernard, Patrick, Blumrosen, Alexander B
Format: Magazinearticle
Language:English
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Summary:French arbitration law is set out in the French Civil Code and the New French Code of Civil Procedure (NCFC). France is also a party to several international treaties on the recognition and enforcement of arbitral awards. French law governing international arbitration is flexible and relatively free from state court interference. French arbitration law in domestic matters prohibits arbitration of disputes involving private individuals or entities, unless engaged in commercial activity, and state and public entities. Arbitrators have the same freedom to determine the law applicable to the merits as in determining the procedural law governing the proceedings. Unlike domestic awards, international awards are final and cannot be appealed in state courts, but they may challenged in state courts for motions to set aside and for appeals taken against award confirmation decisions.
ISSN:0262-6969