The methods offered are arbitration, fast-track arbitration and mediation, as well as expert assistance to prevent disputes from arising. We also offer advice on the use of arbitration and dispute resolution clauses when contracts are entered into.
Professor Giuditta Cordero-Moss, dr. When arbitration is used, the parties leave the decision concerning a dispute over which they have complete discretion to a private tribunal. Please note that an agreement to resolve disputes through arbitration precludes normal litigation of the same question through the courts, and arbitration decisions cannot be appealed. Fast-track arbitration is suitable for less complex cases than a normal arbitration case. It differs from normal arbitration in that:.
The objective of mediation is to resolve a dispute without recourse to litigation, in that the parties, with the help of an appointed mediator, seek to settle the dispute amicably. Any dispute, controversy or claim arising out of or in connection with this contract, or the breach, termination or invalidity thereof, shall be finally settled by arbitration in accordance with the Rules of the Arbitration and Dispute Resolution Institute of the Oslo Chamber of Commerce in force at any time.
The rules for fast-track arbitration shall apply where the amount in dispute does not exceed NOK 2,, The amount in dispute includes the claims made in the request for arbitration and any counterclaims made in the response to the request for arbitration.
Any dispute, controversy or claim arising out of or in connection with this contract, or the breach, termination or invalidity thereof, shall first be referred to mediation in accordance with the Rules of the Arbitration and Dispute Resolution Institute of the Oslo Chamber of Commerce in force at any time. If one of the parties objects to mediation or if the mediation is terminated, the dispute shall be finally resolved by arbitration in accordance with the Rules of the Arbitration and Dispute Resolution Institute of the Oslo Chamber of Commerce in force at any time.
