6. FAI Arb - REQUEST FOR ARBITRATION

FAI Arb
FAI Arbitration Rules (2024)

6.1 The party initiating arbitration (the “claimant”) shall submit a Request for Arbitration to the Institute in accordance with Article 4.1.

6.2 The arbitration shall be deemed to have commenced on the date on which the Request for Arbitration is received by the Institute.

6.3 The Request for Arbitration shall contain the following information:

(a) the names and contact details of the parties and of their counsel or other representatives;

(b) identification of and, where possible, a copy of the arbitration agreement under which the dispute is to be settled;

(c) identification of any contract, other legal instrument or relationship out of or in relation to which the dispute arises;

(d) a brief description of the nature and circumstances of the dispute giving rise to the claims;

(e) where claims are made under more than one arbitration agreement, identification of the arbitration agreement under which each claim is made;

(f) a preliminary statement of the relief sought, together with the amounts of any quantified claims and, to the extent possible, an estimate of the monetary value of any other claims;

(g) the claimant’s observations or proposals as to the number of arbitrators, the language, the seat of arbitration and the law or rules of law applicable to the substance of the dispute;

(h) if the arbitration agreement provides for three arbitrators, and the parties have not agreed otherwise, the name and contact details of the arbitrator nominated by the claimant;

(i) the claimant’s possible observations to the effect that the Expedited Rules would be more appropriate for the conduct of the arbitration than the Rules; and

(j) proof of payment of the Filing Fee referred to in Article 7.

6.4 The Request for Arbitration shall be submitted in the language of the arbitration as agreed by the parties. Failing such agreement, the Request for Arbitration shall be submitted in the language of the arbitration agreement.

6.5 Where the Request for Arbitration fails to fulfill the requirements set forth in Articles 6.3 and 6.4, the Institute may direct the claimant to remedy the defect within the time limit set by the Institute. If the claimant fails to comply, the Board may dismiss the Request for Arbitration and terminate the proceedings.

6.6 The Institute shall transmit the Request for Arbitration and the attached documents to the respondent once the claimant has paid the Filing Fee referred to in Article 7 and provided any copies that may have been requested in accordance with Article 4.5.

Quelle: FAI

Import: 19.11.2024

FAI Arb infoFAI Arbitration Rules (2024)info

FAI Arb
FAI Arbitration Rules (2024)