Drafting Arbitration Clauses and Arbitration Agreements Subject to Italian Law

Gianluca Buoro, Area Manager Financing and Contracting Dept., Danieli

As elsewhere in the world, arbitration is the most common form of alternative dispute resolution in Italy. Due to the need to keep all matters in a dispute confidential and the efficiency of private judges, arbitration may be the preferred method over the ordinary courts’ jurisdiction as a means to solve disputes; however, of the usual qualities of arbitration, the speed of a decision is perhaps the most appreciated in Italy, a country where the civil courts’ are overwhelmed by a backlog of work, hence unable to provide decisions within a reasonable time.

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Italy Arbitration Construction November 2008 Vol. 2, No. 5, Autumn 2008

Gianluca Buoro

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Gianluca Buoro, Law graduate, Milan Catholic University, admitted to the Italian Bar, is currently Financing and Contracting Area Manager for MENA at Danieli & C. Officine Meccaniche SPA.

Danieli

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Based in Buttrio, located in Italy's north eastern Autonomous Region Friuli Venezia Giulia, close to Triest, Danieli is one of the three world's largest EPC and EPS suppliers of plants for the steel industry. Most of Danieli Group's revenues are generated abroad; nearly half of its 7000 employees are based outside Italy

Italy Arbitration Construction November 2008 Vol. 2, No. 5, Autumn 2008