{"id":14105,"date":"2018-10-10T09:24:59","date_gmt":"2018-10-10T09:24:59","guid":{"rendered":"https:\/\/icc.realtyna.info\/?p=14105"},"modified":"2021-08-23T09:27:14","modified_gmt":"2021-08-23T09:27:14","slug":"the-international-court-of-arbitration-is-the-worlds-leading-arbitral-institution","status":"publish","type":"post","link":"https:\/\/icc.ge\/index.php\/2018\/10\/10\/the-international-court-of-arbitration-is-the-worlds-leading-arbitral-institution\/","title":{"rendered":"The International Court of Arbitration\u00ae is the world\u2019s leading arbitral institution"},"content":{"rendered":"<p><strong>The\u00a0International Court of Arbitration\u00ae is the world\u2019s leading arbitral institution. Since 1923, we have been helping to resolve difficulties in international commercial and business disputes to support trade and investment.<\/strong><\/p>\n<p>We perform an essential role by providing individuals, businesses and governments alike with a variety of customisable services for every stage of their dispute.<\/p>\n<p>Although we are called a court in name, we do not make formal judgments on disputed matters.\u00a0 Instead, we exercise judicial supervision of arbitration proceedings. Our responsibilities include:<\/p>\n<ul>\n<li>confirming, appointing and replacing arbitrators, as well as deciding on any challenges made against them<\/li>\n<\/ul>\n<ul>\n<li>monitoring the arbitral process to make certain that it is performed properly and with the required speed and efficiency necessary<\/li>\n<\/ul>\n<ul>\n<li>scrutinising and approving all arbitral awards to reinforce quality and enforceability<\/li>\n<\/ul>\n<ul>\n<li>setting, managing and \u2014 if necessary \u2014 adjusting fees and advances<\/li>\n<\/ul>\n<ul>\n<li>overseeing emergency proceedings before the start of the arbitration<\/li>\n<\/ul>\n<p>Our purpose is to ensure proper application of the ICC Rules, as well as assist parties and arbitrators in overcoming procedural obstacles. These efforts are supported by the Court\u2019s Secretariat, which is made up of more than 80 lawyers and support personnel.<\/p>\n<p>English and French are the Court\u2019s official working languages. However, we can administer cases in any language and communicate in all major languages, including Arabic, Chinese, German, Italian, Portuguese, Russian and Spanish.<\/p>\n<p>We continuously seek to improve efficiency, control time and costs and aid enforcement and confidentiality by introducing innovative new arbitration tools and procedures. This ongoing focus makes certain that we are always in touch with the concerns and interests of trading partners throughout the world.<\/p>\n<p><strong><a class=\"lightview\" href=\"https:\/\/iccwbo.org\/dispute-resolution-services\/arbitration\/rules-of-arbitration\/\" data-lightview-type=\"iframe\" data-lightview-options=\"width:800, height:700\">ICC Rules of Arbitration<\/a><\/strong><\/p>\n<p><strong><a class=\"lightview\" href=\"https:\/\/iccwbo.org\/dispute-resolution-services\/arbitration\/icc-international-court-arbitration\/\" data-lightview-type=\"iframe\" data-lightview-options=\"width:800, height:700\">For more detailed information<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-14105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.8 - 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