First introduced in 1997, DOCDEX is a rapid, cost-effective dispute resolution system intended to desolve disputes involving ICC rules on documentary credits (UCP 500). Expanded in 2002 to cover the ICC Uniform Rules for Collections (URC) and the Uniform Rules for Demand Guarantees (URDG), DOCDEX has been used by practitioners worldwide who need quick decisions on outstanding conflicts.
How it works In the DOCDEX process, the parties (or one of them) present their arguments on a dispute, plus all documents relating to it, to the ICC International Center for expertise. The Center then appoints a panel of three experts to decide the issues in the case. The process normally takes 30-60 days, with most cases resolved within 30 days. As a result, lengthy and expensive court cases can often be avoided.
Now, for the first time, all of the DOCDEX decisions taken over a seven-year period have been collected in a single volume. This indexed volume of DOCDEX decisions gives the reader an insight into the thinking of ICC experts who must judge difficult cases involving ICC rules. As such, it’s an invaluable companion to the rules themselves.