Arbitration Act 2010
The Arbitration Act 2010 modernised Ireland's arbitration framework by aligning it with the United Nations Commission on International Trade Law (UNCITRAL) Model Law, thereby enhancing the efficiency and consistency of arbitration procedures. The Act significantly curtailed court involvement in arbitrations, promoting arbitration as a preferred method for resolving commercial disputes. It introduced provisions to enforce arbitral awards, set clear guidelines for the arbitration agreement, and emphasised confidentiality in arbitration proceedings. The legislation was critical in fostering an arbitration-friendly environment, aiming to position Ireland as a competitive jurisdiction for international arbitration.
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