How it works
From initiation of the arbitration process through the award, COIA uses a proven arbitral process incorporating a streamlined procedure and trusted experts in dispute resolution, ex aequo et bono and diverse fields of law.The COIA process in four steps
COIA arbitration, including ex aequo et bono dispute resolution, can be added to contracts before signing through an arbitration clause. Employing COIA in a contract can settle issues such as applicable law and place of jurisdiction – issues that might deter parties from signing a contract. We recommend using the following standard arbitration clause in the contract:When drafting a contract
When a contractual dispute arises, arbitration before COIA can save time and money compared to other dispute resolution mechanisms on which the parties may have initially agreed upon in their contract. COIA’s efficiency becomes an even more important asset for proceedings with relatively low complexity and lower amounts in dispute.
If a dispute has already arisen, we recommend using the following standard arbitration agreement:
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