Where trade and business take place, disputes may arise.
This is why ELArb European-Latinamerican Arbitration Association has founded the ELArb Arbitration Center which offers a platform for efficient solutions to international legal disputes.
ELArb European-Latinamerican Arbitration Association is meant to be an open platform for individuals, organizations and companies from all over the world. ELArb European-Latinamerican Arbitration Association was established as a non-profit organization in 2014 by Lateinamerika Verein (LAV) and Rechtsstandort Hamburg e.V. jointly with other institutions and individuals engaged in arbitration.
ELArb’s primary aim is to promote international commercial arbitration. This form of dispute resolution provides the opportunity to settle cross-border disputes in a quick and and cost-efficient way, because arbitration courts are not integrated in national jurisdictions and are thereby not bound by national procedural laws. Arbitration courts thus play an important role in strengthening the rights of the parties in international trade and commerce.
Historically Developed Expertise
Since their independence, most Latinamerican countries have maintained close commercial relations with European countries that have grown and intensified over the years on the basis of mutual trust. An essential part of the trade resulting thereof takes place via the port of the Free Hanseatic City of Hamburg.
As early as 1916, merchants and businessmen from Hamburg joined with business people from other parts of Germany and Latin America to form the LAV in order to exchange experiences, discuss different views and promote their common interests in a better way. The LAV is a non-profit organization located in Hamburg. The LAV supports companies from all sectors in establishing and developing business activities in Latin America and the Caribbean.
Tailor-made Legal Framework
Together with lawyers from Europe and Latin America, ELArb European-Latinamerican Arbitration Association has drafted rules of arbitration: ELArb Arbitration Rules. The ELArb Arbitration Rules form the basis for any arbitration proceeding within the ELArb Arbitration Center that is operated by the ELArb European Latinamerican Arbitration Center GmbH. On an administrative level, the ELArb Arbitration Center works together with the Hamburg Chamber of Commerce, established back in 1665, and with other Chambers of Commerce and other organizations, particularly from Latin America.
The ELArb Arbitration Center and the ELArb Arbitration Rules are open to parties world-wide, a connection with Europe and/or Latin America is not required. The parties are free to determine the place of arbitration.
The ELArb Arbitration Rules are based on the UNCITRAL Arbitration Rules (as revised in 2010) and the UNCITRAL Model Law, the latter forming the basis of or having significantly influenced the national arbitration laws of most Latinamerican countries. The ELArb Arbitration Rules therefore provide an instrument for the settlement of disputes taking into account the particularities of the Latinamerican legal systems.