Arbitration is a technique for the resolution of disputes outside the courts, whereby the parties consent to refer it to a sole arbitrator or an arbitral tribunal for adjudication.
LAMC oversees the arbitration process and is responsible for:
Parties wishing to make reference to LAMC arbitration in their contracts should use the following standard clause:
“Any dispute, controversy or claim arising out of or relating to this contract, its interpretation, execution, the termination or invalidity thereof, shall be settled by arbitration in accordance with the Rules of Arbitration of the Lebanese Arbitration and Mediation Centre of the Beirut and Mount-Lebanon Chamber of Commerce, Industry and Agriculture”.
To begin an LAMC arbitration, original copies of the Request for Arbitration shall be filed with the Secretariat at its office in Beirut and by email at email@example.com, in accordance with Article 3 of the LAMC Rules of Arbitration.
No particular form is required for the filing of the Request for Arbitration, however, the requirements contained in Article 3 of the LAMC Rules of Arbitration must be observed.
Claimant shall provide the Secretariat with a number of original copies of the Request for Arbitration sufficient to provide one copy to each party, one copy to the Secretariat and one copy to each arbitrator, in accordance with Article 2.6 of the LAMC Rules of Arbitration.
The filing of the Request for Arbitration must be accompanied by a non-refundable registration fee of 1,000 USD, which will cover a portion of the administrative costs of the Center.
The filing fee may be paid by cash, by check addressed to the Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanonor by wire transfer to the following bank account:
Account Holder: Chamber of Commerce, Industry and Agriculture of Beirut & Mount Lebanon
Bank Name: BLOM BANK SAL
Bank Address: Sanayeh branch, Beirut, Lebanon
IBAN No. LB09 0014 0000 1002 3000 0600 3925
Account No. 010-02-300-0060039-2-5
SWIFT CODE: BLOMLBBX
The costs involved in LAMC arbitrations are as follows:
It should be noted that the administrative expenses and arbitrators' fees are calculated on the basis of the amount in dispute, in accordance with the Schedule of Fees. A costs calculator is provided to that effect.
The parties are normally requested to pay a provision for the costs of arbitration referred to above in equal shares (save for the registration fee of 1,000 USD) before the Secretariat transfers the case file to the Arbitral Tribunal. In multi-party arbitrations, the Court has discretion to require from the parties the payment of the provision in the manner it deems fit.
The Court will fix the actual costs of arbitration at the end of the case. If the actual costs of arbitration exceed the provision paid by the parties, the parties shall be requested to pay the outstanding amounts before thy can be notified a copy of the award. If there is any money left over, it will be reimbursed to the parties.