AMINZ ARBITRATION APPEAL TRIBUNAL
Confidentiality of proceedings is one of the hallmarks and major advantages of arbitration. However, the practice to date has been for all arbitration appeals to go to the High Court and thus lose their confidentiality. The AMINZ Arbitration Appeal Tribunal provides for efficient, confidential and high quality resolution of appeals from arbitration awards on questions of law. It offers parties an alternative to taking an appeal to the High Court, and will thereby preserve confidentiality of arbitration proceedings.
A significant amount of work has gone into establishing the Tribunal including creating the AAT Rules, the Constitution of the AMINZ Arbitration Committee, a Schedule of Fees, Costs and Expenses of the AAT Tribunal and defining the admission criteria for Arbitration Appeal Panel members. The Rules were drafted by a Drafting Committee comprising Sir Ian Barker QC, Hon Robert Fisher QC, Sherwyn Williams and Derek Firth MNZM.