중재란?
중재란 분쟁 당사자 간의 합의로 중재 당사자들이 선정한 (단독 혹은 3인) 중재인으로 구성된 중재판정부를 통해 분쟁을 해결하는 절차를 말합니다. 중재를 이용하기 위해서는 분쟁당사자간의 계약서 혹은 혹은 별도의 합의서에 분쟁 발생시 이를 중재로 해결하겠다고 하는 중재조항이 포함되어 있어야 합니다. 대한상사중재원이 권장하는 표준중재조항 확인하기를 원하신다면, 여기를 클릭하십시오.
중재는 시간과 비용을 절약할 수 있는 단심제이며, 기업의 비밀을 보장해주는 비공개 심리로 진행됩니다. 또한, 각 분야의 전문가인 중재인에 의해 대법원 확정판결과 동일한 효력이 있는 중재판정이 이뤄지며, 중재판정은 해외 중재 판정의 승인 및 집행에 관한 뉴욕협약에 의해 전 세계 168 개 국가에서 집행력과 구속력을 갖습니다.
KCAB Arbitration Procedure
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Request for arbitration by Claimant and Respondent files an Answer
(1) Commencing the Arbitration
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Request for arbitration :
The Claimant files a Request for arbitration, paying a fixed filing fee. The Secretariat will notify the Respondent, who must file an Answer within 30 days of receiving the Request.
The Secretariat will then provide an estimation of the arbitral expenses, inclusive of both administrator and arbitrator fees, which the Parties shall pay in equal shares.
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Application for emergency interim relief :
Concurrently or following the submission of the Request, a party may apply for Emergency Measures.
The Secretariat shall appoint a sole, impartial Emergency Arbitrator whom may order Emergency Measures if deemed appropriate.
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Filing counter-claims : When submitting the Answer, the Respondent may also file a counter-claim.
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Multiple Contracts : Submission of claims arising from multiple contracts may be provided for within a single Request, subject to approval from the Secretariat.
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Formation of Tribunal (1-3 arbitrators)
(2) The Arbitral Tribunal
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Formation :
Depending on the Parties’ intentions, the amount in dispute, and the complexity of the dispute, either a sole arbitrator or three arbitrators will form the Arbitral Tribunal.
In the event of a sole arbitrator, the Parties shall jointly nominate an arbitrator.
In the event of three arbitrators, the Claimant and Respondent will each nominate an arbitrator, in addition to jointly nominating the third arbitrator,
who will act as Chair of the tribunal. If the Parties are unable to jointly appoint the sole or third arbitrator, the Secretariat will nominate.
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Tribunal establishes:
- timetable
- procedural rules
Tribunal may grant:
- interim measures
- partial awards
(3) Arbitral Proceedings
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Procedural Timetable :
The Arbitral Tribunal will hold a preliminary conference to discuss the arbitration proceedings, establishing a provisional timetable with the Parties.
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Joinder of Additional Parties :
An Additional Party may be allowed to join, subject to agreement from all Parties, where the Additional Party is also a party to the same arbitral agreement.
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Seat of Arbitration : In the absence of an agreement by the Parties, the seat of arbitration will be Seoul, Korea.
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Applicable Law : In the absence of an agreement by the Parties, the Arbitral Tribunal shall apply the substantive rules of law which it deems appropriate.
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Hearings : The Arbitral Tribunal will direct Parties to appear at the hearing(s).
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Proceedings and hearings take place
(3) Arbitral Proceedings
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Procedural Timetable :
The Arbitral Tribunal will hold a preliminary conference to discuss the arbitration proceedings, establishing a provisional timetable with the Parties.
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Joinder of Additional Parties :
An Additional Party may be allowed to join, subject to agreement from all Parties, where the Additional Party is also a party to the same arbitral agreement.
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Seat of Arbitration : In the absence of an agreement by the Parties, the seat of arbitration will be Seoul, Korea.
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Applicable Law : In the absence of an agreement by the Parties, the Arbitral Tribunal shall apply the substantive rules of law which it deems appropriate.
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Hearings : The Arbitral Tribunal will direct Parties to appear at the hearing(s).
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Final Award rendered
(4) The Award
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Final Award rendered :
On completion of the hearing(s), the Arbitral Tribunal will render the Arbitral Award, which shall be binding upon the Parties and put into effect without delay.