What are the key features of arbitration agreements in France?

What are the key features of arbitration agreements in France?

Arbitration agreements in France are typically characterized by their written form, consent of parties, and the ability to choose arbitrators.

Are there any specific laws governing these agreements?

Yes, arbitration agreements in France are primarily governed by the French Civil Code and the French Arbitration Law.

Can parties choose the rules for arbitration?

Absolutely! Parties can select the rules of arbitration, such as those from the ICC or UNCITRAL, as long as they agree.

What happens if one party refuses to arbitrate?

If one party refuses to arbitrate, the other party can seek a court order to compel arbitration based on the agreement.

Is arbitration in France confidential?

Yes, arbitration proceedings in France are generally confidential, protecting the privacy of the parties involved.