Founded in June 2005 in the State of Utah, United States, the Commission is now headquartered in Washington, D.C., the capital of the United States, and in Grand Lake, New Brunswick, Canada, and provides arbitration services to people around the world.
The Commission was founded in the State of Utah, USA, in June 2005; its current headquarters are in Washington, D.C., USA and in Grand Lake, New Brunswick, Canada. The Commission is an arbitral institution with independent legal personality established by the World Credit Organization (WCO). It fully complies with the ICE8000 International Integrity Standard System and the ICE8000 International Credit Dispute Arbitration Standard, and resolves credit disputes by arbitration, independently, neutrally and impartially.
A credit dispute is, in general, any dispute in which one side is alleged to have breached the principle of good faith. Any dispute covered by an arbitration agreement may be submitted to the Commission, wherever the parties are located.
Arbitration follows the principles of independence, neutrality, legality, reasonableness, fairness, justice, good faith, supervision and conciliation. To facilitate supervision and reduce cost, documentary proceedings are conducted through the ICE8000 integrity management software.
All arbitrators directly elect nine members who form the Arbitration Commission for a three-year term. The members elect one Chair and two Vice-Chairs; the Chair presides over the Commission's day-to-day work.
Arbitrators and tribunals handle cases on behalf of the Commission under the principle of independence. Neither the members, the Commission, the Chair, the Vice-Chairs nor anyone else may interfere with the independent conduct of a case.
Parties choose arbitrators from the Commission's panel. Where they fail to choose in time, the Chair of the Commission appoints.
Within 15 days of the respondent receiving the notice of arbitration (10 days under the summary procedure), the parties jointly select one sole arbitrator from the panel. If they cannot agree in time, the Chair immediately appoints a sole arbitrator to constitute the tribunal.
Within 15 days of receiving the notice, each party selects one arbitrator from the panel and both jointly select a third, who presides. If they cannot agree on the third, lots decide which party chooses; if a party fails to select in time, the Chair appoints.
The tribunal shall decide on the basis of the facts, in accordance with the universal values of humanity, the ICE8000 standards, international norms, international usage, the law of the place where the conduct occurred (or the law chosen by the parties) and the terms of the contract, following the principles of fairness and reasonableness, guided by justice and conscience, independently and impartially.ICE8000 International Credit Dispute Arbitration Standard, Article 4.42
The Commission is a not-for-profit corporation with independent legal personality. It was incorporated under the Canada Not-for-profit Corporations Act on February 3, 2021 (corporation number 1270588-5) and as a non-profit corporation in the District of Columbia, United States, effective January 17, 2024 (initial file No. N00007882484). The certificates of incorporation issued by the two governments are reproduced below.
Both certificates are public records of the issuing governments and are reproduced here for the convenience of the public.
Both registrations can be checked free of charge in the public government registries. Lookup paths may change over time; if a link no longer works, please let us know.
Open the Government of New Brunswick website, choose Corporate Registry → Search Corporate Registry, agree to the terms and search by the name “International Credit Dispute Arbitration Commission”.
Reference No. 722574 · Status: Active (A)
Open the DC government website, find “Verify an Existing Business License” (DLCP CorpOnline) and search by the name “International Credit Dispute Arbitration Commission”.
Initial File No. N00007882484
“International Credit Dispute Arbitration Commission” is registered as a service mark with the United States Patent and Trademark Office (USPTO) for arbitration services (International Class 45). The registration certificate is a public record of the USPTO and is reproduced here for the convenience of parties and the public.
The ICE8000 International Credit Dispute Arbitration Standard rests on the constitutional principle of freedom, the principle of public order and good morals, the principle of good faith, and the principle of freedom of contract, all recognised in the laws of most countries.
Acts performed in applying and enforcing the standard are deemed multi-party contractual acts concluded in the District of Columbia with the World Credit Organization (WCO) as certifying or supervising party, governed by and protected under the laws of the District of Columbia and United States federal law.
Three international conventions govern the recognition and enforcement of foreign arbitral awards: the Geneva Protocol on Arbitration Clauses of 1923, the Geneva Convention on the Execution of Foreign Arbitral Awards of 1927, and the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958. Parties may apply to a competent court for enforcement under them.
