This present thesis deals with the overlapping of insolvency law with the field of arbitration, which is characterised by private autonomy. Many effects of the commencement of the insolvency proceedings on arbitration agreements and on pending arbitration proceedings are not sufficiently clarified by doctrine and case law, which thus makes their analysis crucial. Furthermore, the role of the arbitration court within the insolvency is contentious. Firstly, it will be ascertained that the interruption effects of the commencement of insolvency proceedings also affect pending arbitration proceedings. This paper addresses the objective arbitrariness of the claims, which arise in an insolvency proceeding, examines, whether or not the concerned parties are bound by pre-insolvency arbitration agreements of the insolvent party and finally discusses, in this context, the possibility of conducting audit processes in arbitration proceedings. In the light of a constant development towards a more liberal legal system, which gives arbitration an increasingly greater scope, the present thesis tries to represent the diverse opinions on the issue.