The International Court of Arbitration is the worldās leading arbitral institution. Lawyers of the law firm āMadrocā have been helping to resolve difficulties in international commercial and business disputes to support trade and investment.
International Commercial Arbitration Court is an independent permanent arbitration institution (arbitration court), operating in accordance with the Law of the Russian Federation "On International Commercial Arbitration".
The court considers economic disputes: private parties; law firms; international organizations; foreign countries.
Dispute resolution by international commercial arbitration has certain specific features, which requires special qualifications and professionalism from representatives of the parties.
Lawyers of the āMadrocā law firm have deep practical knowledge in the field of arbitration. We have specialists who professionally know the rules of law.
We perform an essential role by providing individuals, businesses and governments alike with a variety of customisable services for every stage of their dispute.
By the agreement of the parties, the following may be transferred to the International Commercial Arbitration Court:
ā¢ disputes from contractual and other civil relations arising from the implementation of foreign trade and other types of international economic relations, if the place of business of at least one of the parties to the dispute is abroad;
ā¢ disputes between enterprises with foreign investments and international associations and organizations established on the territory of the Russian Federation, among themselves, disputes between their participants, as well as their disputes with other subjects of the law of the Russian Federation.
The International Court of Arbitration also adjudicates disputes within its jurisdiction.
Civil law relations, disputes of which may be submitted for resolution by the International Commercial Arbitration Court, include, inter alia, the relations of purchase and sale of goods, performance of works, provision of services, exchange of goods and services, transportation of goods and passengers, trade representation and mediation, leasing, scientific and technical exchange, exchange of other results of creative activity, construction of industrial and other objects, licensing operations, investments credit and settlement operations, insurance, joint business and other forms of industrial and business cooperation.
The law firm āMadrocā exercises judicial supervision of arbitration proceedings. Our responsibilities include:
ā¢ monitoring the arbitral process to make certain that it is performed properly and with the required speed and efficiency necessary;
ā¢ scrutinizing and approving all arbitral awards to reinforce quality and enforceability;
ā¢ overseeing emergency proceedings before the start of the arbitration.
The advantage of the arbitral court is that the decisions of the Court come into force from the moment they are made; decisions are not subject to challenge in higher instances; The term of consideration of cases from 2 to 30 days; closed sessions (information about cases and parties in court were not disclosed); by agreement of the parties, the territorial consideration of the case may be in any place.
The International Commercial Arbitration Court operates independently of the Russian judicial system. The key to successful resolution of a dispute is the correct choice of a representative who is deeply aware of the specifics of legal proceedings. The law firm āMadrocā offers high-quality protection, guarantees reliability, quality and results.