6 Dublin

Subject(s):

UNCITRAL Model Law — Recognition and enforcement — Arbitral tribunals — Awards — Place of arbitration

This chapter evaluates the merits of Dublin as a venue for international arbitration proceedings. It discusses the history and development of arbitration in Ireland; the processes and rules as well as the role of courts in the conduct of arbitration proceedings; and rules for arbitral awards. It concludes that Dublin should be considered as a low-cost alternative to London, with many of the same advantages, but at lower cost. Ireland is also a party to the New York Convention; has passed a new Arbitration Act (2010), which is a virtually pure form of the United Nations Commission on International Trade Law (UNCITRAL) Model Law; provides for a dedicated arbitration judge in the High Court, and there is no appeal from the High Court on arbitration matters; and has a high-quality, independent judicial system and a high-quality bar.