Arbitration is the administration of justice by arbitrators. The Netherlands Arbitration Institute offers fast, effective arbitral proceedings. Average NAI arbitration takes approximately nine months from request to final award. Awards are binding on all parties. Arbitration replaces proceedings before the court.
The NAI’s lawyers specialise in the fields of national and international arbitration law. Independence and confidentiality are important factors. For example, the NAI, as an independent administering body, would never discuss the content of a case.
NAI awards are not made available to third parties for inspection, nor does the NAI provide third parties with information on pending or formerly pending arbitrations. A number of awards are published anonymously in the Tijdschrift voor Arbitrage arbitration journal, provided that the parties do not object.
The NAI and AiA shall be authorised to have the award published without stating the names of the parties and leaving out all other information that might reveal the parties’ identities, unless a party objects to such publication with the administrator within two months of the date of the award. The name or identity of the art object in question may be revealed.