Comments on ICC DOCDEX
(Documentary Credit Dispute Expertise Rules)(07.05.1996)

Disclaimer

  1. The names of the parties, as well as the data and information in the cases stated below, have been sanitized in order to protect the identity of the parties involved. The complexities of the cases have also been simplified to facilitate easy understanding of the key issues involved.
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August 8, 1996

Mr. Carlos Velez-Rodriguez
ICC Headquarters

...

Our Comments on ICC DOCDEX Rules (07.05.1996)


1       Some disputes may not involve the D/C and some may not involve the UCP.

From my experience as a consultant in resolving disputes, some disputes ...


2       Use simple English to avoid confusions.

...


3       Binding power of the DOCDEX.

There are two solutions for the Centre to ascertain whether or not the parties agree to bind themselves with the DOCDEX Decision.

...


4       The DOCDEX should enjoy immunity in Court.

...


5       To allow splitting of the Fees amongst the parties.

From my experience in resolving international trade disputes, the parties ...


6       ICC to acknowledge contributions from parties.

Starting from 1995 ICC ...


7       Response to opinions from the Den Danske Bank.

...

Please click here to read the whole article

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