Chile has a strong tradition of arbitration, as it is generally the preferred dispute resolution method for many commercial entities in the country. It has distinct legal regimes for domestic and international arbitration, with the latter governed by Law No 19971 on International Commercial Arbitration. This law was drafted based on the 1985 UNCITRAL Model Law on International Commercial Arbitration.<\/p>\n
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Notably, the Centre for Arbitration and Mediation (\u201cCAM\u201d<\/strong>), established by the Santiago Chamber of Commerce in 1992, has become a reference point in arbitration matters in the country with over 5000 cases administered and their own set of rules. Starting in 2017, the International Chamber of Commerce (\u201cICC\u201d<\/strong>) established a national committee in Santiago, collaborating with CAM Santiago to administer mediations and arbitrations in Chile under the ICC Rules of Arbitration.<\/p>\n","protected":false},"excerpt":{"rendered":" Chile has a strong tradition of arbitration, as it is generally the preferred dispute resolution method for many commercial entities in the country. It has distinct legal regimes for domestic and international arbitration, with the latter governed by Law No 19971 on International Commercial Arbitration. This law was drafted based on the 1985 UNCITRAL Model […]<\/p>\n","protected":false},"author":21,"featured_media":14092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[166],"tags":[],"class_list":["post-15848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law"],"acf":[],"yoast_head":"\n