19 Jul 2023 | in ARTICLES, Litigation & Arbitration, by Konstantinos Bairaktaris
5 Key features and challenges of the new Law 5016/2023 for International Commercial Arbitration
In February 2023, Greece passed its new International Commercial Arbitration Law 5016/2023 that marks the culmination of a collective effort over several years. The legislative text that emerged fundamentally revisits the prior regime (L. 2735/1999), reflects, and indeed goes beyond the 2006 version of the UNCITRAL Model Law, being at the vanguard in many important respects. Five key novel features of the 2023 Law are briefly explored in the attached article. READ FULL ARTICLE