INTRODUCTION

ArbIt originates from an initiative taken by a group of young Italian practitioners specialised in international arbitration and alternative methods of disputes resolution.

ArbIt’s main objective is to promote arbitration as an effective tool of resolving international disputes and developing its culture and ethos in Italy and abroad.

During the last twenty years, commercial arbitration and investment arbitration have witnessed an exceptional development worldwide. In Italy, this growth was only partially registered since arbitration developed slower than in other places. ArbIt’s promoters are convinced that the commitment by Italian professionals is vital for the progress of the arbitration practice and the improvement of the national legal framework.

ArbIt intends to pursue its objectives through various initiatives such as:
  • Creating a network of professionals who are active in the arbitration and ADR sectors in Italy, to facilitate the circulation of information and continuing professional development.
  • Organising conferences, courses and seminars focusing on the law and the practice of international arbitration, to promote arbitration knowledge and ethos.
  • Presenting proposals intended to update the Italian legal framework on arbitration matters, particularly in those sectors where the current provisions appear to be inadequate or totally lacking.
  • Circulating ArbIt’s positions and relevant information of the arbitration sector through communications in the media and publications of a scientific nature.
  • Collaborating and developing relations with Italian and foreign arbitral institutions.
  • Sharing and comparing initiatives with similar groups that are active in other jurisdictions.
  • Establishing and developing relations with professional and category associations, to provide assistance in promoting arbitration amongst enterprises and professionals.
ArbIt’s kick-off event will consist in a seminar scheduled on September 25, 2009, in Rome, with the following title:

“International Arbitration: is it currently satisfying users? Make it faster and more cost-effective”

The seminar will see the participation of Italian and foreign international arbitration experts, who devoted particular attention in the past years to the issue of efficiency of arbitration proceedings and to the actual degree of satisfaction of arbitration by the end users.

The aim of the seminar is to represent the current situation of the international arbitration practice through the perspective of the different players involved (arbitrators, parties, counsels and arbitral institutions), and depicting possible future scenarios.