ROMANIA Trends and Developments Contributed by: Cosmin Vasile and Alina Tugearu, Zamfirescu Racoți Vasile & Partners Attorneys At Law
four continents, including representatives of arbitral institutions, arbitrators, in-house and external coun- sel, and legal practitioners. Key discussions focused on pressing issues shaping the legitimacy and accessibility of arbitration, includ- ing: • the role of arbitrators in safeguarding fairness and due process; • the impact of arbitration costs on access to arbitral justice; • the legitimacy of arbitration based on unilateral arbitration clauses; and • the influence of counsel and experts in ensuring due process in international arbitration. The conference also addressed disputes related to foreign investments, particularly in the context of climate change and energy transition, reflecting the growing complexity of global arbitration.
Renowned professionals contributed to the dialogue, including keynote speakers Professor Dr Stefan Kröll (international arbitrator, Chair of the Board of Direc- tors of the German Institution of Arbitration, Direc- tor of the Willem C. Vis Arbitration Moot in Vienna, and Professor for International Dispute Resolution at Bucerius Law School, Hamburg) and Professor Dr Yas Banifatemi (President of the International Arbitra- tion Institute, Professor at Harvard Law School and Panthéon-Sorbonne University, and founding partner of Gaillard Banifatemi Shelbaya Disputes).
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