
What is Ad Hoc Arbitration? | What is Ad Hoc? | Izmir Lawyer | Izmir Law Firm | Efes Law Firm
What is Ad Hoc?
"Ad hoc" is a Latin phrase meaning "for a specific purpose" or "for a particular intention." It is generally used to describe a temporary solution to a problem. Sometimes it is also used to highlight an inadequacy or a superficially implemented solution.
Examples of the ad hoc concept include temporarily established courts or investigative commissions.
What is arbitration?
Arbitration, an alternative dispute resolution method, differs from cases heard in local courts in that disputes are resolved before specially qualified experts called "arbitrators" instead of judges appointed by the state. Arbitration processes are gaining popularity because they are faster and less expensive than the average court process. Arbitration processes can be divided into two categories: national and international, as well as institutional arbitration and ad hoc arbitration.
In arbitration proceedings, the parties may also decide to conduct the arbitration process in accordance with the rules established by international organizations. To mention some of the most well-known of these:;
- International Chamber of Commerce Rules (“ICC”),
- Rules of the London International Arbitration Court (“LCIA”),
- Rules of the American Arbitration Association International Dispute Resolution Center (“ICDR”),
- Rules of the Singapore International Arbitration Centre (“SIAC”)
- Rules of the Hong Kong International Arbitration Centre (“HKIAC”)
- Rules of the International Centre for Settlement of Investment Disputes (“ICSID”)
- Rules of the United Nations Commission on the Law of International Trade (“UNCITRAL”)
- Stockholm Chamber of Commerce Rules (“SCC”).
What is Ad Hoc Arbitration?
In ad hoc arbitration, the arbitration proceedings are conducted by the parties themselves, or by an arbitrator or arbitration panel authorized by the parties, according to rules they have determined on their own initiative or by referring to predetermined rules or laws. Ad hoc arbitration is preferred due to certain negative concerns, such as the bureaucratic structure of institutional arbitration centers, which can cause delays in arbitration proceedings. In practice, ad hoc arbitration is frequently preferred in processes where states are parties.
Arbitration Centers
Arbitration processes are only recently gaining popularity in Türkiye and have not yet reached the level of recognition enjoyed in other countries. The law that came into effect in 2014... Law No. 6570 on the Istanbul Arbitration Center It was decided to establish the Istanbul Arbitration Center, which will operate internationally in Istanbul. In addition to the Istanbul Arbitration Center, the Istanbul Chamber of Commerce Arbitration and Mediation Center also operates in Istanbul.
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