Founded in 1926, the AAA is the main body for the administration of arbitration cases in the U.S. The AAA also manages international arbitration cases through its International Centre for Dispute Resolution (ICDR).
Arbitral Institutions And Courts.
New arbitration institutions are being created on a monthly basis on each continent, in a reflection of an increasingly globalized world requiring neutral, but effective, dispute resolution mechanisms. Only some arbitral institutions are well-established and have a significant track record, however, such as the ICC in Paris, where modern international arbitration practice was created by the ICC’s International Court of Arbitration, founded in Paris in 1923. The ICC, which prepared the first draft of the New York Convention, is frequently referred to as the “Rolls-Royce” of international arbitration for its prestige, quality and history.
Below, you may access (I) the leading arbitration institutions, as well as (II) regional, specialist and lesser-known generalist arbitration centres, whether it concerns a specialized subject matter (such as FINRA securities arbitration or CAS sports arbitration), or whether it has been created for infra-regional disputes. If you see an arbitration institution that is not listed below, we would be grateful if you contacted us so that it may be included.
I. Leading Arbitration Institutions and Centres (alphabetical order)
Headquartered in Abidjan, the Ivory Coast, the Common Court of Justice and Arbitration is a leading arbitral institution for supervising regional disputes in members of the OHADA zone, which is predominantly composed of French-speaking West African States.
Founded in 1966, ICSID is an international arbitral body established under the “Convention on the Settlement of Investment Disputes between States and Nationals of Other States”. Based in Washington, it is the leading international arbitration institution managing investor-State disputes.
Founded in 1923 and located in Paris, the Arbitration Court of the ICC is the leading and most renowned institution for administering international commercial arbitration cases in France, as well as Europe as a whole. It led the movement that resulted in the adoption of the New York Convention, which is the most important multilateral treaty on international arbitration to have ever been ratified. It is also increasingly being used as a forum for investor-State disputes.
Established in 1899 by the “Convention for the Pacific Settlement of International Disputes”, the PCA is a multinational organization based in the Hague. It administers private, intergovernmental and interstate arbitrations. When parties have not elected an institution to administer their dispute, that it is to say, when the arbitration is “ad hoc”, the PCA may, under the UNCITRAL rules and depending on the parties’ directions, appoint arbitrators or designate an appointing authority. The PCA can also host ad hoc arbitrations.
UNCITRAL itself does not administer arbitration cases, but due to its importance it has been included on this list. UNCITRAL is a United Nations body responsible for drafting international law and rules. Its body of arbitration rules, the UNCITRAL rules, are widely used in ad hoc arbitrations and were revised in 2010. The PCA may, under the UNCITRAL rules and depending on the parties’ directions, appoint arbitrators or designate an appointing authority.
II. Other Arbitral Institutions (in alphabetical order)
Many other arbitral institutions exist, which are often regional and/or specialize in disputes in specific industries. They may be appropriate to use in certain circumstances. They include (in alphabetical order):