Alexander J. Bělohlávek, Univ. Professor, Dr.iur., Mgr., Dipl. Ing. oec/MB, Dr.h.c. Lawyer admitted and practising in Prague/CZE (Branch N.J./US), Senior Partner of the Law Offices Bělohlávek, Dept. of Law, Faculty of Economics, Ostrava, CZE, Dept. of Int. and European Law, Faculty of Law, Masaryk University, Brno, CZE (visiting), Chairman of the Commission on Arbitration ICC National Committee CZE, Arbitrator in Prague, Vienna, Kiev etc. Member of ASA, DIS, Austrian Arb. Association. The President of the WJA – the World Jurist Association, Washington D.C./USA.
17.I. DEFINITION OF THE “SEAT OF ARBITRATION” The institution of the place where arbitration is held (abbreviated as the seat of arbitration or the place of arbitration) used to be unduly dismissed by the parties in the process of negotiating their arbitration agreements.1 In recent years, however, an agreement on the seat of arbitration has become a regular component of arbitration agreements, at least in international disputes. In any case, the seat of arbitration has a major practical importance in arbitration, and it directly influences a number of issues: arbitrability; determination of governing law, whether substantive or procedural; and annulment of the arbitral award or its recognition and enforcement.