As one of the world’s leading dispute resolution institutions,...

As one of the world’s leading dispute resolution institutions, the ICC Court is committed to handling cases in an efficient and prompt manner. Over the past three years, the ICC Court has implemented several new practices to enhance the punctuality of case proceedings. In particular, the ICC Expedited Procedure provides final awards for lower valued cases within six months of the case management conference, which has enhanced the ICC Court’s ability to handle cases in a timely and cost-efficient manner. Similarly, the ICC Court has introduced delay measures to ensure that cases are processed on time. The delay measures stipulate that the ICC Court may lower the arbitrators’ fees in cases where awards are submitted late, unless the delay is attributed to exceptional circumstances.