About the Paris Court of International Arbitration
At the forefront of international commercial dispute resolution, the PCIA offers streamlined, efficient, and unbiased administration of arbitration and alternative dispute resolution (ADR) services worldwide. Our arbitration and ADR services are structured to resolve disputes across all systems of law, including common law and civil code jurisdictions, as well as legal systems which apply religious law, customary law, or mixed/hybrid systems, ensuring accessibility and impartiality for parties in any jurisdiction.
PCIA arbitrators provide flexible, timely and cost-effective resolution of disputes, so that companies can get back to doing what they do best, running their businesses.
The Paris Court of International Arbitration (PCIA) stands as a preeminent global institution dedicated to the provision of alternative dispute resolution (ADR) services. Our core mission is to facilitate the resolution of even the most intricate and complex commercial disputes through highly efficient, equitable, and cost-effective mediation and arbitration processes.
The Paris Court of International Arbitration renders decisions in connection with cross-border business disputes between and among parties from diverse jurisdictions. PCIA Arbitration Awards are legally binding on both sides to a dispute, and are enforceable in federal and regional and local courts in 172 countries worldwide.
Parties often seek to resolve disputes through PCIA arbitration due to a number of advantages over judicial proceedings including:
• The parties’ ability to choose what substantive and procedural law governs the arbitration. This is often called the principle of ‘party autonomy’.
• In contrast to litigation, where one cannot “choose the judge”, arbitration allows the parties to choose their own tribunal, since it is the parties who appoint the arbitrators. This is especially useful when the subject matter of the dispute is highly technical, and arbitrators with an appropriate degree of expertise can be chosen.
• Arbitration is considerably faster than litigation.
• Arbitral proceedings (other than investor-state arbitration) and arbitral awards can be made confidential.
• In arbitral proceedings the language of arbitration may be chosen, whereas in judicial proceedings the official language of the country of the competent court will be automatically applied.
• Due to the provisions of the New York Convention of 1958, arbitration awards are more easily enforced in other nations than court verdicts.
• There are very limited avenues for appeal of an arbitral award, which is an advantage because it limits the duration of the dispute and any associated liability.