MJIEL Vol 16 Issue 1 2019 - Practitioner Perspectives 3

The Nordic Investment Bank’s Experience of Amicable and Alternative Dispute Resolution: Is there a Nordic Approach?
Heikki Cantell
Introduction
Notwithstanding what at first sight seems relatively standard provisions in relation to disputes, Nordic Investment Bank (NIB) enjoys a low level of uptake of formal dispute procedures. This is particularly marked in the areas of personnel disputes and disputes with suppliers where all disputes have been resolved in recent years without recourse to any formal procedures (other than mediation).

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