Arbitration Nominating Entity

 

In accordance with Article 6 of the Arbitration Regulations, the Center may act as the nominating entity of arbitrators in arbitrations that are not under its administration, when so agreed by the parties and when it is necessary to make the appointment of an arbitrator.

Acting as a nominating entity - Article 6

  • The Center may act as the nominating entity for arbitrators in arbitrations that are not under its administration, when so agreed by the parties.
  • The interested party must submit an application to the Center, attaching a copy of the arbitration agreement, and of the request made to the opposing party for the corresponding appointment to be made.
  • The Center shall forward the request to the other party for a period of ten (10) days for domestic arbitrations, or thirty (30) days in the case of international arbitration. Once this period has expired, with or without a response, the appointment of arbitrators shall proceed in accordance with Articles 9 to 13 of these Regulations.
  • The Center may request from the parties any additional information it deems necessary for the performance of its functions. It will also charge a fee for each appointment request, in accordance with its current fee schedule.
  • The Center will act in accordance with criteria that are conducive to the appointment of independent and impartial arbitrators and will also take into account the advisability of appointing an arbitrator of a nationality different from that of the parties.
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