Meaning
Standardized procedures from the International Chamber of Commerce provide a voluntary framework for resolving commercial disagreements with the aid of a neutral mediator. The icc mediation rules cover the entire process from the filing of the request to the termination of the proceedings. These rules are frequently used as a preliminary step in large scale construction or infrastructure disputes.
Process Framework
The mediation begins when a party submits a request to the icc international centre for adr. Under the icc mediation rules, the mediator does not have the power to impose a decision but helps the parties find their own solution. This process is flexible and can be adapted to the specific needs of the industrial sector involved.
Neutral Appointment
The centre assists the parties in selecting a mediator with the right technical and legal expertise. If the parties cannot agree, the icc mediation rules provide a default method for the centre to make the appointment. This ensures that the process can start quickly without a lengthy debate over the choice of the neutral person.
Confidentiality Duty
All information exchanged during the sessions is protected and cannot be used in any future arbitration or court case. The icc mediation rules ensure that the parties can speak openly about their commercial interests and potential compromises. This protection is a primary reason why many businesses choose this institutional framework over private negotiations.