Alexander Shchavelev

1 month ago | pinsentmasons.com | Alexander Shchavelev |Sandra Gröschel |Aleesha Way |Andrew Batty

In 2024, the German government passed a draft law to modernise the current arbitration law. One significant change to the current arbitration law is the move to enable form-free arbitration agreements in the B2B sector. In addition, the government's draft provides that the arbitral award may be issued in electronic form, and arbitrators may set out their dissenting opinion on the arbitral award or its reasoning, unless the parties agree otherwise.