Efficient Dispute Resolution - WIPO Alternative Dispute Resolution ...
Efficient Dispute Resolution - WIPO Alternative Dispute Resolution ...
Efficient Dispute Resolution - WIPO Alternative Dispute Resolution ...
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15<br />
<strong>WIPO</strong> Mediation in the Automotive Sector (II)<br />
Two-day hearing in August (June) in Geneva, <strong>WIPO</strong><br />
Mediator gave introduction, explained rules of the hearing (e.g.<br />
confidentiality, caucus) and his role<br />
Early agreement on framework for royalty payments<br />
Further discussions on business aspects<br />
Settlement in the afternoon of second day:<br />
« Term sheet » down-payment, annual instalments, net<br />
sales based royalty<br />
Re-drafted d original i licensing i agreement, final agreement<br />
until September 2009<br />
End of 2-years dispute within 5 months, parties avoided U.S. arbitration/<br />
high costs, further collaboration possible<br />
Judith Schallnau, <strong>WIPO</strong> Arbitration and Mediation Center, Barcelona, November 28, 2011
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