Arbitration administered by CAM distinguishes itself by several factors reflected in the quality and efficiency of its proceedings.
Important characteristics that distinguish and optimize arbitration by CAM are the following:
- Professional attention and prompt follow-up in the administration of the process (personal attention to every issue);
- Shorter time limits than similar regulations (e.g. concerning time limit for the Terms of Reference and rendering of the award);
- Better control of procedure times (reasonable extensions depending on the specific circumstances of the case, quick and opportune performance by the General Council);
- Much lower fees than the costs of other international institutions.
Additionally, CAM’s Arbitration is distinguished by:
- Prima facie revision of the existence of an arbitral agreement as referring to by the Rules of Arbitration of CAM, in cases in which the defendant does not reply to the request for arbitration or opposes exceptions regarding the existence, validity or applicability of the arbitral agreement. The revision does not include judgment on the admittance or the foundation of such exception as the Arbitral Tribunal decides on its own competence. (arts. 12(3) and 12(4));
- Requirement to develop Terms of Reference that precise the mission of the Arbitral Tribunal according to the claims of the parties (art. 24); and
- Quality control of the day-to-day administration of the arbitral proceedings that culminates in a previous examination or revision of the arbitral award dictated by the arbitral tribunal in order to make it susceptible to legal execution, incising in the principle of efficiency. (arts. 33, 34).