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The Court administers arbitral proceedings in accordance with its Rules, wherein all the stages of the arbitral process are defined and may be summarised as follows:
- The Court accepts the arbitration.
- Written statements of claim and defense.
- The arbitrator holds a hearing to ascertain the positions of the parties and set the arbitral proceedings, having regard to the circumstances of the dispute.
- Discovery period
- Closure of hearings.
Arbitrations may be international and the proceedings and settlement may be in the language or languages that the parties agree upon. Disputes regarding testamentary execution may also be referred to arbitration in order to settle differences relating to the distribution or administration of an estate between those who are not legal beneficiaries and legatees.
Equity arbitration can be applied to dispute proceedings if the parties have expressly authorised it, and its proceedings are usually simpler and more flexible than arbitration of law proceedings.
It is important to note that the Court will provide administrative help for processing the arbitration.
The Court Secretary will act as secretary for the arbitral proceedings and the Court also has expert witnesses and non-legal experts available to facilitate arbitration. A large, nation-wide network of collaborating partners facilitates the execution of procedures undertaken away from the arbitration's head office.
Cima Corte Civil y Mercantil de Arbitraje · C/ Hermosilla, 8 - 2º dcha. · 28001 Madrid · Tel.: +34 91 431 76 90 · Fax: +34 91 431 61 38