[ARBITRATION] The impact of party impecuniosity on arbitration agreements

A recent deci­sion of the Ober­lan­des­gericht Köln[1] in Ger­many and two recent deci­sions of the Paris Court of Appeal[2] and the Court of Cassation[3] in France have rean­i­mat­ed the debate about the impact of par­ty impe­cu­nios­i­ty on arbi­tra­tion agree­ments. This mat­ter is dealt with quite con­verse­ly in France and in Ger­many: where­as the French Courts…