In 1999, the Romanian lawmaker replaced the old institution of commercial pledge with a new and more modern one, relevant for the tendency of reforming and adapting our law system, namely with the institution of estate corporal securities. The judicial status of estate corporal securities...

While producing an enforceable award is the main goal of an international arbitration, time and cost efficiency are, also, leading requirements, since the parties are entitled to find out, without delay and at appropriate costs, if and when they may plan on the financial resources that are...

If arbitration is to be regarded as a swift dispute resolution instrument, then the difference between the state courts procedure and the arbitral procedure must reside, primarily, in a more effective and speedier way of taking evidence, since taking evidence is the most time consuming of all...