Procedure

THREE DAYS OF HEARINGS – TWO WRITTEN SUBMISSIONS

The procedure consists of three days of hearings and two written submissions.

On the first hearing day, the relevant issues in dispute are determined finally. Thereafter, the parties each submit a written statement.

On the second hearing day, witnesses and experts are examined and the issues in dispute are further developed. Afterwards, the parties have the opportunity to submit a last written statement.

After three months, the procedure ends with the third hearing day with oral arguments and a decision.

The new way

Like in mediation, the procedure begins with the identification and determination of the issues that are relevant to the decision.

The parties present the facts of the case and provide the legal reasons for their claims orally. There is no need for a prior time-consuming and costly exchange of written submissions. By listening attentively and asking specific questions, the arbitrators can focus on identifying and determining the relevant issues in dispute.

The parties submit the written statements on the identified issues in dispute simultaneously after the hearing and not consecutively.