ARBITRATION PROCEDURES

    • This Institution provides with flexible, fast, confidential and moderately priced procedures to companies
    • It has set up several arbitration procedures that meet economic operators ‘ needs in their commercial or professional dispute resolution
    ORDINARY PROCEDURE:
    Unless the parties agree otherwise, CIAMA offers a single-tier proceeding. The procedure is simple and not formal but always contradictory.
    URGENT PROCEDURE :
    Procedure allows a case to be heard immediately by an arbitral tribunal composed of three arbitrators.
    FAST PROCEDURE :
    procedure applied for claims below 45.000$. The award will be made within three months. The procedure is conducted by a single arbitrator appointed by the President of CIAMA who will decide upon exhibits and in equity.
    ACCELERATED PROCEDURE :
    Procedure which facilitates the recovery of certain debts due and payable of an amount less than or equal to 150.000US$. The award will be rendered within 30 days.