The article analyses the recent reform of the 2003 Spanish Arbitration Act by Law 11/2011, 20th May, where new provisions are included to regulate the arbitration of intra-corporate disputes. The article also deals with equity arbitration of intra-corporate disputes, and particularly with the limitations upon the arbitrators based upon the imperative rules contained on the 2010 Spanish Corporation Act with a focus on the issue of whether an arbitrator might declare an appraisal right in equity arbitration without the existence of a legal cause.
Iurgium [previously Spain Arbitration Review]