All ICC Mediations are administered by the ICC International Centre for ADR and observe the ICC Mediation Rules. Just because the Court is the only physique empowered to administer proceedings under the ICC Rules of Arbitration, the Centre is the only physique entitled to manage proceedings under the ICC Mediation Rules. Mediation is a helpful approach when parties in dispute have an ongoing relationship that they wish to protect, corresponding to a joint venture or long-time period supply contract. With mediation, that is attainable whereas there's unlikely to be any authorized foundation for in search of such relief in arbitration or litigation. Mediation is a flexible and consensual method in which a impartial facility helps the events reach a negotiated settlement of their dispute.
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