ICC releases report and guide to prevent disputes and preserve relationships for all businesses and states.

Article summary

The International Chamber of Commerce (ICC) Commission on Arbitration and ADR has released a Report on Facilitating Settlement to International Arbitration and a Guide on Effective Conflict Management, marking the centenary of the ICC International Court of Arbitration and delivering on a pledge laid out in the ICC Centenary Declaration on Dispute Resolution to drive thought leadership in dispute prevention and resolution through innovative services, best practices and standards that meet the changing needs of an ever-wider range of businesses and markets. The publications set out different dispute resolution techniques and how to facilitate settlement of disputes in international arbitration as well as proposing ways to enable resolution of disputes even once arbitration has commenced, thereby preserving business relationships. The publications are aimed at a wide range of businesses, including SMEs and multinational corporations, as well as states, external counsel using ICC dispute resolution services, alongside arbitrators, mediators and other ADR service providers.