Arbitration is a confidential process in which an independent third-party is appointed to decide the outcome of a dispute between two or more parties.
The process may be conducted by a sole arbitrator or a panel of multiple arbitrators (often two or three), according to party requirements. The arbitration award is final and binding. Arbitration is often used where parties require a confidential process or where an arbitral award may be more easily enforced than a judgement from a foreign court.
To make a referral use complete this form and submit it to us.
CEDR acts as an administrating body and Appointing Authority, under The UNCITRAL Arbitration Rules (Articles 5-8).
- Provide a shortlist of arbitrators for the parties to choose from.
- Appoint arbitrators with the joint consent of the parties
- Provide assistance during the arbitration in the form of:
- Managing the exchange of documents
- Setting up hearings and sourcing venues
- Providing fundholding services
- Offering administrative and practical support
- Providing information on appropriate settlement techniques for use in the arbitration including on the use of a 'Mediation Window'
CEDR can only appoint arbitrators with the consent of all parties.
- CEDR charges an appointment fee of up to £3,000 depending on the claim value (normally split equally between the parties)
- Arbitrators charge between £250 and £750 per hour subject to the parties’ requirements
- Send the referral form by email to firstname.lastname@example.org.
- After receiving confirmation from both parties that they consent to proceeding with the arbitration, CEDR will invoice the parties.
- Upon receipt of payment, CEDR will send an appointment letter confirming the appointment of the chosen arbitrator.