Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

ICC - International Chamber of Commerce : ICC hosts conference to mark world-wide launch of new Mediation Rules

09/20/2013 | 03:39pm US/Eastern

Just one month before its new Rules of Mediation come into effect, ICC will host a launch conference to unveil the Rules, offering a comprehensive overview of the main provisions and presenting future users with an opportunity to engage directly with members of the task force which drafted the new Rules.

Appealing to business users, in-house counsel, mediators and other dispute resolution specialists, the half-day international conference will take place on 4 December 2013 at the historic Hotel de Talleyrand in central Paris.

During the conference participants will learn about important changes to the Rules which enter into force on 1 January 2014. They include amendments to the confidentiality provision, the standard ICC model clauses and the role of the ICC International Centre for ADR - the administrative body within ICC responsible for supervising the cases filed under the Rules. Speakers include members of the Rules Task Force, in-house counsel, experienced international mediators and representatives of ICC.

"We look forward to acquainting participants with the new ICC Mediation Rules which have been produced under the auspices of the ICC Commission on Arbitration and ADR, by an international task force comprising mediation and dispute resolution specialists, including in-house counsel, from 29 countries," said Hannah Tuempel, Manager of the ICC International Centre for ADR.

Consolidating the process under one flexible settlement technique, the new Mediation Rules are set to replace ICC's current ADR Rules first introduced in July 2001, adapting to today's business needs while ensuring continued efficiency, transparency and fairness in the dispute resolution process.

Peter Wolrich, Managing Partner, Curtis Mallet-Prevost, Colt & Mosle, France and Chairman of the ICC Commission on Arbitration and ADR said: "The New ICC Mediation Rules have been designed in response to the comments and suggestions of our users. I am confident that they will give good service long into the future."

Compared to other dispute resolution procedures mediation is a rapid and low-cost procedure, which usually enables parties to resolve even complex, international disputes within one or two mediation meetings. The involvement of a trained mediator enables the parties to overcome stale mates they often encounter in direct negotiations. It is a voluntary procedure that allows parties to decide on the exact terms of their settlement ensuring that their business interests are taken into account and that they achieve an outcome which respects their financial, legal, reputational and future-business interests.

Companies in all regions of the world and all sectors opt for ICC dispute resolution to resolve their domestic and international disputes. ICC's mediation services are renowned as being especially appropriate for complex, international disputes due to the clear set of Rules, the close supervision of the proceedings by the Centre and ICC's specific experience in dealing with international disputes.

The ICC Mediation Rules will be made available in December in Arabic, Chinese, English, French, German, Italian, Portuguese, Russian and Spanish with Dutch, Japanese, Polish and Ukrainian versions to be made available at a later date.

To view the full conference programme and to register visit the ICC Mediation Rules Launch

distributed by
Latest news
Date Title
9m ago NETCOMM WIRELESS : T-Mobile, MetroPCS, Berg Insight, U.S. Cellular, NetComm
9m ago FRONTIER COMMUNICATIONS : AT&T Completes Sale of Connecticut Wireline Operations to Frontier Communications
9m ago UCO BANK : India Ratings upgrades Uco Bank's bond ratings
9m ago WILLIAMS PARTNERS : Drilling into a proposed bill that would pay impact fee to municipalities for new pipelines
9m ago PETROCHINA : How China is scoring cheap oil 14,000 miles away as the global glut deepens
9m ago iShares U.S. Home Construction (ITB) Shares Cross Above 200 DMA
9m ago LyondellBasell profits climb 48 percent
9m ago MURPHY OIL : Construction Continues in El Dorado for New Murphy Oil Building
9m ago Hinsdale, TransCanada reach valuation settlement
10m ago OFFICE DEPOT : Real Estate Notebook: Senior housing project opens in West Palm Beach
Latest news
Advertisement
Hot News 
DIGITAL RIVER : Announces Agreement to be Acquired by Investor Group Led by Siris Capital Group for $26.00 per Share in Cash
EDREAMS ODIGEO : Statement responding to BA and Iberia statement
4IMPRINT : Full Year Expectations Underpinned By Strong Third Quarter
ATLANTIS RESOURCES : Raises GBP5.0 Million In Discounted Placing (ALLISS)
MERIT MEDICAL SYSTEMS : posts 3Q profit
Most Read News
1d ago MATSON : Shipping company pleads guilty in molasses spill
1d ago APPLE : Time for all Apple products to enter China
1d ago HEARTLAND EXPRESS : 2014 Q3 Earnings Release
15h ago PFIZER : Reports Vaccine Candidate Data
4h ago Deutsche Bank lawyer found dead by suicide in New York
Most recommended articles
4h ago Deutsche Bank lawyer found dead by suicide in New York
6h agoDJTHYSSENKRUPP : Denies in Talks to Sell Marine Systems to Rheinmetall
11h ago Russian government approves law to clamp down on offshore tax sheltering
11h ago Greybull Capital buys UK's Monarch
12h ago Areva-Siemens raises claim to $4.4 billion over Finnish reactor delays
Dynamic quotes  
ON
| OFF