This blog post briefly presents the initial wording and origin of the contested provision (1) and revisits some of the main criticisms levied against it (2). It then presents the revised wording of the 2017 Arbitration Act (3) and concludes with considerations for the future (4).
KOROM, V. (2019). Is There Finally a (Partial) Solution to the 2017 Hungarian Arbitration Act’s Controversial Requirement that Arbitrators Reimburse Fees If the Award is Set Aside? Kluwer Arbitration Blog.