"The system enables us to receive, store, and verify all digital data"
The Nordic Arbitration Centre and Justikal have reached an agreement to implement Justikal's eCourt system for all arbitration cases.
The Nordic Arbitration Centre offers a dispute resolution mechanism that enables parties to efficiently and securely resolve their disputes. The court's rules mandate a final resolution within six months, unless the parties mutually agree otherwise. Confidentiality is maintained throughout the proceedings, and the court's rulings are not made public.
In today's digital era, an increasing number of documents exist solely in electronic form, such as those with electronic signatures or seals. These documents cannot be printed, as it would compromise the validation of the electronic signatures or seals. This step enables NAC to better meet their legal obligation to acknowledge electronic documents their legal effect equivalent to paper as EU Regulation No. 910/2014 (eIDAS) stipulates.
With the implementation of Justikal's eCourt system, this issue is resolved, allowing NAC to offer parties an enhanced service with maximum security. Parties can now submit all their documents electronically to the courts, and the system supports all document formats, including audio and video records. Furthermore, clients have real-time access to monitor the progress of their cases through the system, providing them with improved convenience and efficiency.
Agla Eir Vilhjálmsdóttir, General Counsel at The Iceland Chamber of Commerce and managing director of NAC:
"We are very pleased about our collaboration with Justikal, and with the introduction of the eCourt system, we are now able to provide our clients with exceptional service that aligns with current standards. The system enables us to receive, store, and verify all digital data."
Margrét Anna Einarsdóttir, founder and CEO of Justikal:
"We are very proud to have The Nordic Arbitration Centre onboard. Justikal is already being utilised by all district courts in Iceland. Our goals are in perfect alignment with those of the Arbitration Court, particularly in providing outstanding service that adheres to modern standards, with a strong focus on ensuring maximum data security."