A new online dispute resolution platform being launched today aims to provide a digital alternative to the traditional courts system where a backlog of cases has built up as a result of the pandemic restrictions on hearings.
The online arbitration service is being launched by the Irish start-up, Armistice.
It says it will provide access to binding decisions from nine legal professionals, drawn from the ranks of Senior Counsel, who specialise in the resolution of commercial disputes.
The platform was founded by Setanta Landers, a litigator and Partner at Hatstone (Ireland) LLP Solicitors.
"Parties to a dispute simply register with Armistice, upload their submissions, arrange for directions and a hearing (if necessary), and ultimately have access to a binding determination within a timeframe of weeks," the company said in a statement.
Prices for the service range from €5,000 to €40,000 per party depending on the value of the dispute.
"A typical High Court case can cost hundreds of thousands of euro per party and take years to resolve. With Armistice, we are offering remarkable transparency and certainty on the fees, time frame and quality of experience, making us absolutely unique in Ireland today," Armistice Founder Setanta Landers said.
"The pandemic has required us to embrace new technologies and practices to support court hearings while we adhere to public health guidelines. As part of our ongoing efforts to ease the current backlog and strengthen digital security, Armistice provides a further alternative to existing platforms on the market that can cater for a broad range of needs," Mr Justice Barniville, Head of the Commercial Division of the High Court and the Arbitration Judge said.
The expert panel includes some Emily Egan, Martin Hayden, Aidan McRedmond, Gavin Mooney, Patrick F. O'Reilly, Thomas P. Hogan and Gary D.P. McCarthy, as well as retired Justice Michael Peart, the first solicitor-appointed judge.