The ICC DISPUTE BOARD RULES. DRBF 6th Annual International Conference Programme Budapest 6-7 May 2006 Presentation by Katherine González Arrocha Senior Counsel , ICC DRS. ICC Dispute Resolution Services:. ARBITRATION - To obtain a final and binding decision from an independent tribunal
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The ICC DISPUTE BOARD RULES
DRBF 6th Annual
International Conference Programme
Budapest 6-7 May 2006
Katherine González Arrocha
Senior Counsel , ICC DRS
-To obtain a final and binding decision from an independent tribunal
-To obtain an opinion on a financial, legal, technical matter or to solve a dispute through expert determination.
-To obtain an opinion in disputes concerning documentary credits.
-To solve disputes amicably.
-To assist the parties in resolving their differences or disputes throughout the duration of the contract.
DISPUTE REVIEW BOARD
- The DRB can devise solutions which avoid 'win-lose' situations.
- Statistics indicate that DRB decisions are generally accepted by both parties.
DISPUTE ADJUDICATION BOARD
- Decisions are effectively enforceable as a term of the contract.
- The panel can prevent future disputes between the parties.
COMBINED DISPUTE BOARD
- Combines the advantages of both systemsaccording to different situations.
Providing administrative services to the parties:
1. Appointment of DB members;
2. Decisions upon challenges;
3. Revision of Decisions.
ICC Dispute Board Centre
38, cours Albert 1er
Fax number: +220.127.116.11.29.29
Email: [email protected]