The Nikula Arbitration Process (NAP) is an alternative dispute resolution if you wish to settle the case outside the Court. The NAP is targeted to small and medium-sized enterprises. Also large businesses may benefit from the NAP.
The NAP is simple, fast and cost-efficient. If you are tired of business conflicts, lawyer’ fees … Just take the NAP!
There are several ways of doing it – and you name it!
If You wish to nominate a sole Arbitrator – agree with your business partners in advance.
Arbitration is speedy. The Nikula Arbitration Process takes about 2-3 months.
Arbitration is flexible. You and your partner agree on the Process.
In Arbitration, a competent legal professional will judge Your case.
Arbitration is confidential. Your case will be heard in the privacy.
An Arbitral award is final and binding of the Parties – if they have agreed so. It constitutes a legally enforceable decision
All disputes arising out of or in connection with the present contract shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce as applicable by Ma Anne NIKULA, the sole Arbitrator (Nikula Legal). The language used in the Arbitration shall be English.