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The International Court of Arbitration of the International Chamber of Commerce to communicate reasons for its decisions

 

 

The ICC Court is a leading centre for resolution services and decides international commercial and business disputes worldwide. Recently the ICC Court has announced that it will begin communicating reasons for its administrative decisions such as challenges to an arbitrator which will enter into force immediately. However the ICC Court may also communicate reasons for its decisions with regards the consolidation of arbitration proceedings and prima facie decisions on jurisdiction. It is said that by communicating reasons for its decisions, the ICC Court will help improve transparency and provide clarity to parties in the arbitration process.

 

 

Besides the positive aspect of communicating reasons for its decisions, the new policy may also be used in ongoing cases provided that all parties agree and submit for reasons prior to seeking the decision of the ICC Court.

 

 

 

For further information on this topic please contact

Ms. Nada Starovlah (nstarovlah@pittaslegal.com) at SOTERIS PITTAS & CO LLC,

by telephone (+357 25 028460) or by fax (+357 25 028461)

 

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