International Chamber of Commerce Dispute Resolution: Who Qualifies and What You Get
Learn how businesses and individuals use international arbitration and mediation to settle cross-border commercial contract disputes.
This scheme provides formal processes to help settle disagreements that arise from international business contracts. It offers specialized services to resolve disputes between parties located in different countries.
Who it's for
This is designed for businesses and individuals who are involved in commercial disputes that cross international borders.
What you get
You gain access to professional arbitration and mediation services. These services are used to settle disagreements regarding international contracts through a structured legal process.
What it costs you
Using these services requires paying significant filing fees and covering your own legal costs.
The catch to know
This process is not automatic. For it to work, both parties involved in the dispute must have already agreed to use ICC arbitration within their original contract.
How to apply
- Review your existing contract to ensure it includes an agreement for ICC arbitration.
- Consult with a legal professional to prepare your case.
- Follow the formal filing procedures required by the institution.
- Visit the official portal for more details: https://iccwbo.org/