We are delighted to announce that the Bucharest International Arbitration Court (BIAC), a project developed under the auspices of AmCham Romania, has its own website available now at the following address:
http://bucharestarbitration.org/The Bucharest International Arbitration Court (BIAC) is a new Romania-based arbitration center, focusing on business and commercial disputes in the Romanian and English languages, especially involving foreign investors and multinationals active in Romania.
BIAC’s closed list of Romania-based and foreign arbitrators includes well-known international arbitrators who are specialized in niche areas such as FIDIC/construction law, international commercial and corporate law, intellectual property (IP) rights, banking, corporate and project finance as well as VC/PE investments.
BIAC’s rules of arbitration are based on a combination of "best practices" arising from various international arbitration rules such as UNCITRAL, the LCIA, the ICC and the AAA/ICDR, and by reference therein has adopted the International Bar Association’s Guidelines on Conflicts of Interest in International Commercial Arbitration and the International Bar Association’s Rules on the Taking of Evidence in International Commercial Arbitration.
