News
Article “Attorney-at-law about arbitration: business activities not to be over-regulated in the interest of consumer protection” by Pirkka-Marja Põldvere
On 11 November 2015, the business news portal Delfi Ärileht published an article “Attorney-at-law about arbitration: business activities not to be over-regulated in the interest of consumer protection” by attorney-at-law Pirkka-Marja Põldvere. In the article Pirkka-Marja Põldvere presents her viewpoint regarding the potential plan of Estonia to initiate additional regulation for the establishment and working rules of permanently operating arbitral tribunals (for example, the Court of Arbitration of the Estonian Chamber of Commerce and Industry. According to the author, business activities should not be over-regulated if the aim is to protect consumers in a situation where (a) the goal can be reached in a different manner and (b) furthermore, due to a “hole” in the valid legislation, over-regulation of arbitral tribunal shall also be unable to guarantee the necessary protection of consumers.
Public discussion regarding the amendment of regulations for arbitration tribunals in civil court procedure has received significant attention and created many debates. Attorney-at-law Pirkka-Marja Põldvere of the Aivar Pilv Law Office is an acknowledged expert in arbitration and her comparative analysis is a basis of the amendment package prepared in September 2015 for the elaboration of draft amendments regarding the legislation on arbitration procedure.
The article in Estonian can be read here.