Expedited arbitration procedure
THESE SPECIAL RULES SHALL APPLY
- IN CASES WHERE THE AMOUNT IN DISPUTE DOES NOT EXCEED EUR 50,000, UNLESS THE PARTIES AGREED OTHERWISE
- IN CASES WHERE THE AMOUNT IN DISPUTE EXCEEDS EUR 50,000 IF THE PARTIES AGREED THAT THE PROCEEDING SHALL BE SUBJECT TO THE RULES ON EXPEDITED ARBITRATION
- SHALL BE CONDUCTED BY A SOLE ARBITRATOR
STEP 1 - APPOINTMENT OF SOLE ARBITRATOR
PARTIES
- SHALL APPOINT THE SOLE ARBITRATOR BY MUTUAL CONSENT WITHIN 15 DAYS
PRESIDENT OF ARBITRATION
- APPOINTS THE SOLE ARBITRATOR IF THE PARTIES FAIL TO DO SO, WITHIN FURTHER 8 DAYS
STEP 2 - PROCEEDING
CLAIMANT
- SUBMITS STATEMENT OF CLAIM
- FOLLOWING SECRETARIAT'S REQUEST CLAIMANT SHALL PAY:
- REGISTRATION FEE (IN THE AMOUNT OF 200 EUR)
- THE COSTS OF ARBITRATION
- TIME LIMIT FOR THIS PAYMENT IS TWO MONTHS
- IF THE CLAIMANT FAILS TO PAY THE COSTS, THE CLAIM SHALL BE DEEMED WITHDRAWN
RESPONDENT
- SUBMITTS AN ANSWER TO THE STATEMENT OF CLAIM WITHIN 15 DAYS FROM THE DATE OF RECEIPT
CLAIMANT
- MAY STATE ITS POSITION REGARDING THE ANSWER TO THE STATEMENT OF CLAIM WITHIN 15 DAYS FROM THE DATE OF RECEIPT
RESPONDENT
- MAY STATE ITS POSITION REGARDING WRITTEN SUBMISSION OF THE CLAIMANT WITHIN 15 DAYS
STEP 3 - HEARING
ORAL HEARING
- AS A RULE, ONLY ONE HEARING SHALL BE HELD
- IF THE SOLE ARBITRATOR DETERMINES THAT THE WRITTEN SUBMISSIONS AND EVIDENCE ARE SUFFICIENT FOR MAKING THE AWARD WITHOUT HOLDING A HEARING, AND IF NONE OF THE PARTIES REQUEST A HEARING TO BE HELD, THE SOLE ARBITRATOR SHALL MAKE THE AWARD WITHOUT HOLDING A HEARING, ON THE BASIS OF THE SUBMITTED EVIDENCE
STEP 4 - MAKING OF THE AWARD
THE ARBITRAL AWARD
- THE SOLE ARBITRATOR SHALL MAKE THE ARBITRAL AWARD WITHIN 15 DAYS FROM THE DAY ON WHICH THE HEARING WAS HELD OR WITHIN 15 DAYS FROM THE DAY ON WHICH THE CONDITIONS FOR MAKING THE AWARD WITHOUT HOLDING A HEARING WERE FULFILLED
- CONTAINS THE SUMMARY OF THE REASONS ON WHICH THE AWARD IS BASED, UNLESS THE PARTIES AGREED THAT THE REASONS SHOULD NOT BE STATED