The Use of Dispute Boards in International Disputes

The Chartered Institute of Arbitrators (CIArb) announced recently that it is planning to draft a set of international commercial dispute board rules that can be used on any medium- to long-term project, whether construction, IT, commercial or otherwise. If involved in the contract project from the outset, dispute boards are able to intervene early when issues arise and propose solutions before the parties positions have grown entrenched. Accordingly, dispute boards can be a useful tool for avoiding and resolving disputes.

In this article, LexisPSL Arbitration contributor Daniel Meagher provided an overview of the use of dispute boards in international disputes, and discuss the key components of dispute board procedure, the similarities to and differences from arbitration as well as the advantages and disadvantages of using dispute boards.

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