Following the great success of the Basketball Arbitral Tribunal (BAT) with more than 750 cases to-date, with parties from around the globe, and an ongoing approx. 150 new requests for arbitration per year, Martens Rechtsanwälte is transferring the concept into the world of Commercial arbitration.
The BAT consistently sees large, multi-million Euro or USD claims as well as extremely small, four-digit claims. This result is largely due to the special features of BAT procedure (sole arbitrator, English language proceedings, short time limits, hearings not in every case). The single most important factor is the fact that BAT arbitrators decide disputes ex aequo et bono unless agreed otherwise by the parties (which very rarely happens).
This success story triggered the idea to apply the above principles to the commercial arbitration world, albeit with certain amendments to the rules in order to respond to the needs of the wider commercial community.
For further information go to our website under Laboratory and to the COIA Website.
