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 Professional Legal Opinion
A New Horizon for Arbitration – Amendment No. 2
 
On November 5, 2008 the Knesset signed the bill amending the Arbitration Law, "Amendment No.2". This amendment created a mini revolution in alternative dispute resolution. It enables two routes of appeal for the parties involved in an arbitration proceeding, an option that did not exist in arbitration proceedings prior to the amendment of the law.
 
By Hyim Shechter, Adv*.

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 Consensual Arbitration
Consensual arbitration is an arbitration proceeding which includes an arbitration agreement executed at the outset, an appeal instance, review, objection or re-examination (hereinafter: “appeal”), which is intended to review the arbitration award and instruct, if necessary, as to an appropriate rectification thereof.
 
By Dr. Israel Shimony


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 Consensual Arbitration It Can Be Done Differently
On October 31, 2005 the Arbitration Bill (Amendment – Appeal against an Arbitration Award), 5766-2006 was presented to the Israeli Knesset. The Bill formalizes the method of holding appeal proceedings against an out of court arbitration award. The Bill was presented by MK Ronnie Baron at the initiative of the author of the article Deputy Head of the Israel Bar Association and President of the International Consent Arbitration Institute.
 
By Dr. Israel Shimony

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