Why ADR
The scope is domestic (parties from same
country) or international (parties from different countries) commercial dispute.
All good reasons to choose ICC ADR:
- ICC can convene parties even if there is no prior ADR Agreement
- Preserve business relationship
- Confidential
- Creative solutions
- Control over outcome
- Simple
- Fast
- Flexible
- Cost effective
- Clear start and clear end
- Administered procedure
- Appointment of Neutral (Mediator, Conciliator, etc.)
- Costs fixed and supervised by ICC
- Mandatory first meeting with Neutral
- Sustainable
- Crediting of costs to ICC Arbitration proceeding in case of non-settlement