ICC Arbitration Rules

The ICC Arbitration Rules are a set of procedures established by the International Chamber of Commerce for resolving disputes outside of traditional court systems. These rules outline how parties can settle conflicts through arbitration, where an independent expert, called an arbitrator, makes a binding decision. The rules cover aspects like initiating arbitration, selecting arbitrators, conducting hearings, and issuing awards. They aim to provide a fair, efficient, and effective process for businesses and individuals involved in international transactions, ensuring that disputes are resolved quickly and with expertise, often in various languages and jurisdictions.