International Arbitration "IUS"

Resolves economic disputes since 1992.
Over the years of the existence of the Arbitration, more than 2500 cases have been considered

To apply to the Arbitration, the parties must conclude an arbitration agreement with the following content:
“All disputes, disagreements, claims arising in connection with the contract or concerning its violation, termination, invalidity, are subject to resolution in the International Arbitration” IUS “, in accordance with its current regulations. The IUS International Arbitration Award is final. “

Benefits of Arbitration

The dispute is resolved within 30 days.
The arbitration fees are lower than the state fee and significantly lower than the arbitration fees charged by other international arbitration tribunals.
Arbitration ensures objectivity, professionalism and impartiality in the consideration of disputes.

Regulations

Basic concepts

The International Arbitration «IUS» which is a permanently acting arbitration. The International Arbitration «IUS» was founded in 1992 and before 1st February the Arbitration had been named the International Arbitration Court «IUS». The names the International Arbitration Court «IUS», the International Arbitration Court of the Juridical Center «IUS» and other names, derived from these, are the names for the same Arbitration. The terms and phrases such as arbitration, the tribunal, the arbitral tribunal, etc. are synonymous if they are used in the text of any arbitration agreement, in an arbitration clause or for naming of the International Arbitration «IUS». The main term in the title of the Arbitration is the term – «IUS». For the naming of the Arbitration by the parties in any arbitration agreement the use of terms «JUS», «ЮС» is permissible. In such cases, any of these terms refer to the International Arbitration «IUS». The meaning of terms «IUS», «JUS», «ЮС» is the same, because they are cognates of such words as «justice» and other terms. «Arbitration Agreement» – is any written arbitration agreement of the parties to submit a dispute to the International Arbitration «IUS». An Arbitration Agreement could be incorporated in the contract (an arbitration clause) or any other document, legal act or an arbitration agreement could be concluded by way of signing a separate document, by way of exchanging letters or by any other means accepted by the law or by these Arbitration Rules. All arbitration agreements on settling disputes by the International Arbitration Court «IUS» or by the International Arbitration Court of the Juridical Center «IUS», the arbitration agreements which use any other word combinations, which allow the establishment of jurisdiction of the International Arbitration «IUS», have equal legal effect.

Is any written arbitration agreement of the parties to submit a dispute to the International Arbitration «IUS». An Arbitration Agreement could be incorporated in the contract (an arbitration clause) or any other document, legal act or an arbitration agreement could be concluded by way of signing a separate document, by way of exchanging letters or by any other means accepted by the law or by these Arbitration Rules. All arbitration agreements on settling disputes by the International Arbitration Court «IUS» or by the International Arbitration Court of the Juridical Center «IUS», the arbitration agreements which use any other word combinations, which allow the establishment of jurisdiction of the International Arbitration «IUS», have equal legal effect.

Shall mean the procedural law applicable to the dispute which is settled by the Arbitration. The procedural law which will be applied to the particular dispute is settled by the Arbitral tribunal or the Arbitration.

A state court that has jurisdiction of enforcing arbitration awards of the Arbitration, as well as providing assistance in getting the evidence and in taking interim measures.

A sole arbitrator or a board of arbitrators selected or appointed by the Arbitration to settle a particular dispute.

Is the act which provides a set of procedural rules upon which parties agree on the conduct of arbitral proceedings by the International Arbitration «IUS». The Rules cover main aspects of the arbitral process and is the act of the International Arbitration «IUS». The English text of the Arbitration Rules will be official for all arbitral proceedings which are conducted in English.

The Board of Trustees of the Public Foundation for Support of Legal Reform «The Juridical Center «IUS» is the Supreme Body of the International Arbitration "IUS".

Is a special advisory body of the Arbitration in whose task it is to make the expertly grounded recommendations on the main issues of arbitration practice. The composition of the Expert-advisory Council of the International Arbitration "IUS" is approved by the Board of Trustees of the Public Fund of Support of Legal Reform «The Juridical Center «IUS» and including of: chairman, secretary, council members who are jurists, arbitrators, lawyers.

The main list of arbitrators. Any arbitrator is selected by the parties or is appointed from the panel of arbitrators by the Arbitration to settle a particular dispute. As a rule, arbitrators should have special knowledge and professional experience.

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Arbitration Fees Statement

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1. Definitions

This Regulation accepted on 12 December 2016

1.1. Registration Fee – the fee which the claimant shall pay at the same time as the claim is filed or at filing of a request for interim measures which covers a part of the specific costs arising prior to the commencement of the arbitration proceeding.

1.2. Arbitration Fee – the fee covering the costs related to arbitral proceedings.

1.3. Additional Fees – fees covering additional charges to the arbitration proceedings which are connected to settlement of particular dispute (for example, cost of examination and translation of documents; compensation to the experts and translators; reimbursement to witnesses of travel and accommodation expenses, etc.).

1.4. Arbitrators’ Fee – amount payable to arbitrator for settlement of the dispute. Chairperson, Deputy Chairperson of the Arbitration determines the fees of the arbitrator in each case, taking into account the statement of value of the claim, the complexity of the dispute, the time spent by arbitrators onto the arbitration proceedings, and any other relevant circumstances.

2. Registration Fee

2.1. Upon lodging the claim to the Arbitration, the claimant shall pay the Registration Fee of an amount 990 US dollars. The currency of the payment (Kazakhstan’s tenge, Russian rubles, US dollars, euro or other monetary units) shall be determined by the Chairperson or Deputy Chairperson of the Arbitration.

2.2. The Registration Fee is non-refundable but is taken in account of the Arbitral Tribunal while taking the arbitration award and apportionment of the arbitration fees and expenses.

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Competence of Arbitration

International Arbitration “IUS” considers civil law, including corporate disputes, arising between any subjects of law (organizations, citizens), subject to the agreement of the parties.

Arbitration has 30 years of experience in resolving disputes arising from contracts for the international sale of goods, supply, lease, leasing, contracting, transportation, factoring, from production sharing agreements, corporate contracts, as well as investment disputes. One of the specializations of Arbitration is the resolution of banking disputes arising from credit legal relations, pledge agreements, guarantees, sureties and others.

In addition, the International Arbitration “IUS” considers disputes related to the results of intellectual activity and with equivalent means of individualization of legal entities, goods, works, services; disputes arising from the development and sale of medicines and their components.

A separate category is made up of sports disputes, as well as disputes between advertising agencies and mass media. Disputes are considered according to the norms of Kazakhstani, Russian legislation or the law of any other state.

The place of consideration of disputes can be any office of the Arbitration or any other place (country, city) at the choice of the parties.