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ARTICLE · 03 AUGUST 2022

Arbitration Around The World

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Arbitration is a popular type of alternative dispute resolution ("ADR"), which resolves disputes without Court involvement. What makes arbitration different is the decision is legally binding...

GlobalLitigation, Mediation & Arbitration
Bill Barton
Bill Barton
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Arbitration is a popular type of alternative dispute resolution ("ADR"), which resolves disputes without Court involvement. What makes arbitration different is the decision is legally binding, rather than just a recommendation and is enforceable.

There are many international institutions that set rules and appoint arbitrators, with one of the most popular being the International Chamber of Commerce ("ICC") Court of Arbitration. Although it is a Court by name, it does not make decisions on disputes but instead "exercises judicial supervision of arbitration proceedings" (ICC, 2022). It is recognised as the leading institution for international arbitration, and many arbitration clauses will refer to the ICC Rules of Arbitration, which are administrated by the ICC Court of Arbitration.

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