Análisis conceptual de posibles reformas a la Ley deArbitraje y Mediación tras más de dos décadas desde su publicación

After almost twenty years of the Arbitration andMediation Law’s promulgation, the present work analyzes themain issues of arbitration as it has been regulated in Ecuador.In each section, the authors focus on demonstrating how thearbitration understanding within the Ecuadorian legal systemdisavows this institution’s evolution and features. Thus,the article contains a critique of the Ecuadorian arbitrationprocedure, including its starting method, the formalitiesof the arbitration agreement, the notion of arbitrability, theprocedure rigidity, the grounds for arbitrators’ disqualification,precautionary measures, and the award annulment grounds.For each issue, the authors provide one or several proposalsfor a reform tending to a true recognition of arbitration as anautonomous alternative dispute resolution method, differentfrom the rigid judicial procedure.