International Arbitration 2026

HUNGARY

Slovakia

Ukraine

Austria

Budapest

Hungary

Law and Practice Contributed by: Tamás Éless, Sarolta Édua Szabó and Zsolt Farkas Oppenheim Law Firm

Romania

Croatia

Serbia

Contents 1. General p.441 1.1 Prevalence of Arbitration p.441 1.2 Key Industries p.441 1.3 Arbitration Institutions p.441 1.4 National Courts p.441 2. Governing Legislation p.442 2.1 Governing Law p.442 2.2 Changes to National Law p.442 3. The Arbitration Agreement p.442 3.1 Enforceability p.442 3.2 Arbitrability p.443 3.3 National Courts’ Approach p.443 3.4 Validity p.443 4. The Arbitral Tribunal p.443 4.1 Limits on Selection p.443 4.2 Default Procedures p.444 4.3 Court Intervention p.444 4.4 Challenge and Removal of Arbitrators p.444 4.5 Arbitrator Requirements p.445 5. Jurisdiction p.445 5.1 Challenges to Jurisdiction p.445 5.2 Circumstances for Court Intervention p.445 5.3 Timing of Challenge p.445 5.4 Standard of Judicial Review for Jurisdiction/ Admissibility p.446 5.5 Breach of Arbitration Agreement p.446 5.6 Jurisdiction Over Third Parties p.446 6. Preliminary and Interim Relief p.446

7. Procedure p.447 7.1 Governing Rules p.447 7.2 Procedural Steps p.448 7.3 Powers and Duties of Arbitrators p.448 7.4 Legal Representatives p.448 8. Evidence p.448 8.1 Collection and Submission of Evidence p.448 8.2 Rules of Evidence p.448 8.3 Powers of Compulsion p.449 9. Confidentiality p.449 9.1 Extent of Confidentiality p.449 10. The Award p.449 10.1 Legal Requirements p.449 10.2 Types of Remedies p.449 10.3 Recovering Interest and Legal Costs p.449 11. Review of an Award p.450 11.1 Grounds for Appeal p.450 11.2 Excluding/Expanding the Scope of Appeal p.451

11.3 Standard of Judicial Review p.451 12. Enforcement of an Award p.451 12.1 New York Convention p.451 12.2 Enforcement Procedure p.451 12.3 Approach of the Courts p.451 13. Miscellaneous p.452 13.1 Class Action or Group Arbitration p.452 13.2 Ethical Codes p.452 13.3 Third-Party Funding p.452 13.4 Consolidation p.452 13.5 Binding of Third Parties p.452

6.1 Types of Relief p.446 6.2 Role of Courts p.447 6.3 Security for Costs p.447

439 CHAMBERS.COM

Powered by