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News
2001
From Arbitration to ADR
On 1 July 2001, the new ADR Rules of the International Chamber of Commerce came into force. These Rules represent a new arm to ICC's range of dispute resolution services, which already include arbitration, expertise and DOCDEX.
ICC arbitration provides a structured, culturally-neutral and confidential method of resolving business disputes under the supervision of a world-renowned institution. It is a flexible procedure that caters for the wishes of the parties in many respects. The award eventually rendered by the arbitral tribunal is binding upon the parties.
ICC ADR, by contrast, is an entirely consensual means of resolving business disputes and hinges on the goodwill of the parties. It allows them to choose not only the neutral who will help them to find a solution to their differences, but the very settlement technique they will adopt. Mediation, neutral evaluation and mini-trials are three examples, but their choice is entirely open.
The ADR Rules are available on the new ADR web site. They have also been published in English and French in the form of a brochure.
ICC's various dispute resolution services will be the subject of an international seminar to be held in New Orleans, USA, on 4-6 November 2001. Presentations will cover the new ICC ADR Rules and the ICC Rules for Expertise, as well as ICC arbitration. International arbitrators, dispute resolution specialists and ICC Court staff will lead discussions on a wide range of topics, including arbitration in the construction, banking and financial fields and the enforcement of arbitration agreements and awards.
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