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CLASSIC ARBITRATION
- The claimant starts a procedure of arbitration while informing the inimical part (defendant) by advisable letter (notification).
- Then the claimant consignment a request of arbitration to the institute of arbitration.
- In principle the procedure is in writing, but the parts can always ask for an audience.
- The parts receive by advisable the composition of the Arbitral Court.
- After exchange of their findings, the parts get in the 6 months an award that is sent them.
- According to the Standard Dispute Rules each part has the right to an appeal level. The procedure of call is also enclosed in 6 months and the stop is pronounced by a college of three arbitrators.
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