Specialised Institutes of Arbitration
Specialised arbitration organizations have been formed in order to settle disputes in the matter of specialised issues, they work in only a very limited field but are highly specialised in the work they do. For this purpose they have made a special rules, procedures and regulations which they follow during the proceedings of arbitration. These institutions prove very useful in the cases where a very deep and specialised knowledge is needed in settlement, which in turn can be cost effective and time saving.
Such specialised institutions include:
- Arbitration and Mediation Center, WIPO
- Center for Effective Dispute Resolution
- German Maritime Arbitration Association
- Maritime Arbitration Association of the United States
- Tokyo Maritime Arbitration Association
Read more about this topic: Arbitral Tribunal
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