For the first time in history, the composition of the ICC Court is based on a complete gender equality: out of 176 members, 88 are female and 88 are male. The composition of the Court is also diverse because of members’ origin: 13% of the members are from Africa, 26% from Asia, 39% from Europe, 4% from North America, 15% from Latin America and the Caribbean and 3% from Oceania. New member countries, whom have not been represented in previous years, are Kyrgyzstan, Uzbekistan, Ethiopia, Kenya, Libya and Tanzania. No country has more than two representing members.
Alexis Mourre was reappointed as the president of the ICC Court for the next three years. Mourre has filled that position since 2015.
ICC Court of Arbitration is the world’s most recognized arbitration institution. ICC receives nearly a thousand disputes to be resolved every year. Parties can submit their dispute to arbitration based on a mutual agreement. The arbitration procedure is characterized by greater flexibility in comparison with the court proceedings, greater control by the parties, quicker resolution of the dispute and confidentiality.
If you need more information about ICC arbitration or arbitration proceedings in general, contact NJORD’s partner Triinu Hiob.
