Comparative Guides

Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.

Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.

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4. Results: Answers
International Arbitration
7.
Consolidation and third parties
7.1
Does the law in your jurisdiction permit consolidation of separate arbitrations into a single arbitration proceeding? Are there any conditions which apply to consolidation?
Hungary

Answer ... The Arbitration Act is silent on consolidation. However, pursuant to the procedural rules of the Arbitration Court attached to the Hungarian Chamber of Commerce and Industry, separate arbitrations may be consolidated into a single arbitration if all parties involved so request or agree thereto. In such case, the arbitrations are consolidated into the proceeding commenced first.

For more information about this answer please contact: Alexandra Bognár from Schoenherr Attorneys at Law
7.2
Does the law in your jurisdiction permit the joinder of additional parties to an arbitration which has already commenced?
Hungary

Answer ... A person who is not party to the arbitration may participate in the proceedings as a party if the claim can be resolved only with its participation and if it submits a written a statement regarding its acceptance of the jurisdiction of the tribunal.

In addition, upon the request of any party, the tribunal will inform a person with a legal interest of the outcome of the arbitration proceedings on intervention. The intervener may submit evidence and participate in the hearing and in inspection procedures.

For more information about this answer please contact: Alexandra Bognár from Schoenherr Attorneys at Law
7.3
Does an arbitration agreement bind assignees or other third parties?
Hungary

Answer ... Yes.

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