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INTERNATIONAL ARBITRATION

October 2009 - Corporate & Commercial. Legal Developments by Andreas Sofocleous & Co .

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The only requirement for a valid arbitration agreement and subsequently a valid arbitration procedure in Cyprus is the arbitration clause to be in written form. The Cyprus domestic Arbitration Law Cap. 4 which regulates domestic arbitrations provides that the agreement to refer any present or future disputes to arbitration is irrevocable unless the Court decides otherwise.

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First published by ICLG TO: INTERNATIONAL ARBITRATION 2008. WWW.ICLG.CO.UK

 

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