Dispute Resolution Services
ICC International Court of Arbitration has received 15,000 cases since its inception in 1923. Over the past decade, the Court's workload has considerably expanded.
The Court's membership has also grown and now covers 86 countries. With representatives in North America, Latin and Central America, Africa and the Middle East and Asia, the ICC Court has significantly increased its training activities on all continents and in all major languages used in international trade.
ICC Dispute Resolution Services exist in many forms:
- Amicable dispute resolution offers a framework for the settlement of disputes with the assistance of a neutral. Parties choose the settlement technique, such as negotiation or a mini-trial.
- Dispute boards are independent bodies designed to help resolve disagreements arising during the course of a contract.
- Expertise is a way of finding the right person to make an independent assessment on any subject relevant to business operations.
- DOCDEX provides expert decisions to resolve disputes related to documentary credits, collections and demand guarantees, incorporating ICC banking rules.
Read more about this topic: International Chamber Of Commerce
Famous quotes containing the words dispute, resolution and/or services:
“The king said, -Divide the living boy in two; then give half to the one, and half to the other. But the woman whose son was alive said to the king -because compassion for her son burned within her - -Please, my lord, give her the living boy; certainly do not kill him! The other said, -It shall be neither mine nor yours; divide it. Then the king responded: -Give the first woman the living boy; do not kill him. She is his mother.”
—Bible: Hebrew, 1 Kings. 3:25-37.
Solomon resolves a dispute between two women over a child. Solomon’s wisdom was proven by this story.
“Had I been less resolved to work, I would perhaps had made an effort to begin immediately. But since my resolution was formal and before twenty four hours, in the empty slots of the next day where everything fit so nicely because I was not yet there, it was better not to choose a night at which I was not well-disposed for a debut to which the following days proved, alas, no more propitious.... Unfortunately, the following day was not the exterior and vast day which I had feverishly awaited.”
—Marcel Proust (1871–1922)
“Those services which the community will most readily pay for, it is most disagreeable to render.”
—Henry David Thoreau (1817–1862)