The Miami International Arbitration Center (MIAC) provides administrative services for both domestic and international arbitrations across a wide range of specialized areas.
MIAC also promotes education, research, and professional development in arbitration, ADR, Dispute Boards, and international trade.
Through its global network, MIAC fosters collaboration among institutions and practitioners in the United States and worldwide.
Managment of proceeding with objetivity without interfering with the arbitrators’ decision-making function.
Respects to towards the parties agreements regarding applicable rules and the conduct of proceedings.
Promoting adaptable proceedings and an organized administration oriented towards a fast resolution of controversies.
Performans of all functions in accordance with recognized technical standards and best practices in arbitration.
If the parties intend for the MIAC Ordinary Arbitration Rules (“Rules” or “Regulations”) to apply to their disputes, they may consider including the following clause in their contracts:
“Any dispute, controversy, or claim arising out of or relating to this contract, including any question regarding its existence, validity, interpretation, performance, or termination, shall be finally settled by arbitration administered by the Miami International Arbitration Center (MIAC) of the Latin Chamber of Commerce of the United States (CAMACOL) —(MIAC CAMACOL)— in accordance with its Ordinary Arbitration Rules in force at the time the request for arbitration is filed.
The choice of MIAC-CAMACOL as the administering institution implies the acceptance and application of its Operational Rules, its Ordinary Arbitration Rules, their exhibits, and its Code of Ethics.”
Parties may consider using the following draft clause, regardless of the amount in dispute, in order to agree on the application of the Expedited Arbitration Proceeding Rules:
“Any controversy or claim arising out of or relating to this contract, or the breach thereof, shall be determined by arbitration administered by the Miami International Arbitration Center (MIAC-CAMACOL) in accordance with its Expedited Arbitration Proceeding Rules”.
