Panel of Mediators in Conciliation Proceedings at the Chamber of Commerce and Industry of the Russian Federation

When It Pays to Mediate

The parties go through a process of mediation when they are ready to, of their mutual free will.

Mediation is basically built of the principles of:

• free will;
• equality of the parties rights;
• confidentiality of the process; and
• neutrality of the mediator

Mediation can be initiated in the early life of a dispute before either party brings a statement of claim to a state court or an arbitration court, or after bringing a claim to either, including on the suggestion of the judge or arbitrator.

Mediation through the mediator starts when parties to a dispute approach the Panel with a joint application for a mediation to be initiated to resolve their dispute.

The application shall be accompanied by evidence of payment of the registration fee specified in the Fees Schedule of Mediation Fees and Costs of the Panel of Mediators at the Chamber of Commerce and Industry of the Russian Federation.

The so-called Dispute Resolution Agreement reached in writing in triplicate, each counterpart of which is entered into by persons participating in the mediation process, shall be deemed a positive outcome of reconciliation achieved through a mediator.