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Revised ICDR Disputes Procedures to Take Effect May 1
Practical Law Legal Update 0-565-0845 (Approx. 3 pages)
Revised ICDR Disputes Procedures to Take Effect May 1
by Practical Law Litigation
| Published on 15 Apr 2014 • USA (National/Federal) |
The International Centre for Dispute Resolution (ICDR) has amended its International Dispute Resolution Procedures with changes that take effect on May 1, 2014.
The International Centre for Dispute Resolution (ICDR) announced revisions to the International Dispute Resolution Procedures that will take effect on May 1, 2014. A copy of the revised procedures is available here. Revisions include:
- New procedures to expedite lower-value matters, such as:
- automatically expediting claims worth less than US$250,000;
- deciding claims worth less than US$100,000 from written submissions alone;
- providing for an interparty conference call with the arbitrator to determine case procedure;
- instituting a one-day limit on oral hearings; and
- implementing a 30-day deadline for the final award.
- A requirement that final awards be made no later than 60 days after the close of proceedings.
- An emphasis on mediation, allowing:
- parties to agree to mediate at any point during the dispute; and
- mediation and arbitration to occur concurrently (with a separately appointed mediator) to reduce time and expense in each dispute.
- New provisions on the joinder of parties, including the ability:
- to join new parties by issuing a notice of arbitration; and
- to request a "consolidation arbitrator" who can consolidate two or more cases pending before the AAA or ICDR if the claims are made under the same arbitration agreement or arise from the same legal relationship.
- New rules requiring parties to disclose promptly any circumstances that may raise doubts about an arbitrator's neutrality. Failure to disclose will be read as a party's waiver of the right to challenge an arbitrator on those grounds.