Prepared review in Arbitration 2014

Ramūnas Audzevičius and Rimantas Daujotas were among other leading professionals from 49 jurisdictions worldwide who provided a review of their local arbitration systems to the Arbitration 2014 edition in the Getting The Deal Through series.

Authors highlight the recent international arbitration case of Gazprom v. Lithuania and the refusal of the highest level courts in Lithuania to enforce the judgment. The Supreme Court of Lithuania decided to inquire the Court of Justice of European Union regarding the application of the Brussels I Regulation. The explanation provided by the CJEU will have an impact on arbitration practice in the whole of the EU.