International commercial arbitration is generally established at the national chambers of commerce, associations, unions, stock exchanges and acts on a permanent basis. These organizations do not take part directly in the settlement of disputes but provide consultancy, supervisory and administrative-technical services.
The institutional arbitration established under the auspices of such organizations have their own articles of association and procedural rules. In some cases the arbitrators are elected by the parties out of a permanent list of candidates, and BCH LAWYERS has in depth knowledge of such arbitrators through years of previous co-operation.
Institutional international arbitration is more preferable for the resolution of complex cases in courts related to the issues of applicable law, complex or difficult disputes.
Most relevant international arbitral institutions are: