On 18 October 2022, Legislative Decree No. 149/2022, containing provisions modernizing the regulation of ADR tools in Italy entered into force.
The Decree ushers in several material innovations to the Italian Arbitration Act and succeeds in correcting the most serious deficiencies of the Italian arbitration system, significantly reducing the appeal gap between Italy and competing European seats.
Our International Arbitration Focus Team analyses the most significant amendments here.