Resolving business conflicts under arbitration procedures at the International Chamber of Commerce

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Abstract

The International Court of Arbitration, as an autonomous body within the framework of the International Chamber of Commerce, ICC (Angeon & Callois, 2005), stands as a stalwart institution in resolving disputes arising from international trade contracts (Diemer, 2014). The study aims to delve into the intricate legal framework governing arbitral proceedings under the purview of the ICC, addressing key legal issues that emerge within this domain. The research scrutinizes the procedural mechanisms employed by the arbitral tribunal from the initiation of arbitration proceedings to the issuance of awards, elucidating their function and impacts. This research contributes to a deeper understanding of the legal intricacies surrounding arbitration within the ICC, thereby facilitating decision-making, and fostering greater confidence in the dispute-resolution process of international trade. The study, by integrating theoretical frameworks and qualitative analysis of data, found that the ICC achieved more procedural integrity, and cultivated a dependable repository of information for addressing corporate conflicts. Thus, promoting a more precise comprehension of corporate dispute resolution processes.

Keywords: Arbitration, Business Conflicts, Procedures at International Chamber of Commerce

Authors’ individual contribution: Conceptualization — H.M.A. and M.I.; Methodology — M.I.; Validation — H.M.A.; Formal Analysis — M.I.; Resources — H.M.A.; Writing — Original Draft — H.M.A.; Writing — Review & Editing — M.I.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: H11, K40, K49

Received: 01.07.2023
Accepted: 03.06.2024
Published online: 07.06.2024

How to cite this paper: Almansour, H. M., & Ismail, M. (2024). Resolving business conflicts under arbitration procedures at the International Chamber of Commerce. Corporate Law & Governance Review, 6(2), 64–73. https://doi.org/10.22495/clgrv6i2p6