November 01, 2018
Memo to: DRC Members
From: Fred Webber, President & CEO
Subject: NEW DISPUTE RESOLUTION RULES NOW IN EFFECT
To align our rules with the most progressive arbitration centres in the world, with the help of an internationally recognized arbitration expert in Canada, Professor Anthony Daimsis, DRC is proud to announce the implementation of our new Dispute Resolution Rules.
Effective today, November 01, 2018, the new Dispute Resolution Rules have replaced the Mediation and Arbitration Rules. The purpose of this change was to avoid repetition of some articles; update the language to reflect more common wording; add definitions to better protect the process and its participants; and, make our rules easier for members to read and understand. Although most are minor changes, here are some of the most significant ones:
Please note, all Statements of Claim received prior to the coming into force date of November 01, 2018 will follow the former Mediation and Arbitration Rules. If you require of copy of these Rules, please contact our office. All Statements of Claim submitted after November 01, 2018 will be subject to the new Dispute Resolution Rules.
For a copy of these Rules, please visit our website. We recommend that you become familiar with these rules and contact Jaime Bustamante, Trading Assistance Manager, if you have any questions at firstname.lastname@example.org.