Comparative Guides
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Results: 4 Answers
International Arbitration
5.
The parties
5.1
Are there any restrictions on who can be a party to an arbitration agreement?
 
Hungary
There are no restrictions on who can be a party to an arbitration agreement. The Arbitration Act excludes certain types of issues from arbitration, but this restriction is tied to the nature of the dispute, not to the parties themselves.

For more information about this answer please contact: Alexandra Bognár from Schoenherr Attorneys at Law
5.2
Are the parties under any duties in relation to the arbitration?
 
Hungary
Pursuant to the Arbitration Act, its provisions are to be interpreted in line with the requirements of exercising rights in good faith. The act stipulates certain obligations - for example, that the parties appoint the arbitrators or that the parties submit their statements within a prescribed timeframe.

For more information about this answer please contact: Alexandra Bognár from Schoenherr Attorneys at Law
5.3
Are there any provisions of law which deal with multi-party disputes?
 
Hungary
There are no provisions on multi-party disputes.

For more information about this answer please contact: Alexandra Bognár from Schoenherr Attorneys at Law