| Abstract [eng] |
The analysis of arbitration process, when one of participating parties is a State, is given in this paper. It consists of different parts, each of which examines different features. It beggins with acquiring basic knowledge about arbitration process itself. Presentation of procedural issues and differencies is followed by covering Lithuanian and other countries legal base on questions related to State participation and capacity to enter into arbitration agreement. One of important questions is arbitrability. The analysis of risks when a State participates in an arbitration process is given. Also severeal different approaches, how these risks could be minimised or decreased. The doctrine of sovereign immunity is presented as it is an often excuse of a State party either to respect arbitration agreement or to approve and execute the award. The main object of this paper is to analyse and present features of an arbitration, when a State party participates in it. It is reached by summarising doctrine on these questions as well as case law and national and international legal acts. |
