The VenAmChan Themed Contest is designed to promote the use of blockchain in future editions

VenAmCham’s CEDCA Business Conciliation and Arbitration Center announced the launch of the first edition of the “International Simulation of Mediation and Arbitration (SIDMA)”. It is a competition in which law students and related programs can train and learn about alternative conflict resolution mechanisms.

SIDMA is a competition launched by the Arbitration and Arbitration Business Center (CEDCA) in Caracas, Venezuela. All of this serves to promote knowledge, research and practice related to negotiation, mediation and arbitration among students in these careers.

One of the main features of the activity is that it is a thematic competition, which is why different issues such as blockchain technology will be dealt with in future editionsas well as fashion law, environmental law, maritime law, insurance, construction etc.

The VenAmChan Themed Contest is designed to promote the use of blockchain in future editions
The VenAmChan Themed Contest is designed to promote the use of blockchain in future editions

But always framed in the commercial area. What can be resolved through mediation or arbitration even if the mechanisms are used gradually.

What is CEDCA?

Now CEDCA is a nonprofit civil society founded in 1999. Its goal is to promote arbitration and arbitration as alternative methods of economically and effectively resolving trade disputes. within the framework of the national and international legal system.

Likewise, CEDCA is an independent center connected to the Venezuelan-American Chamber of Commerce and Industry (VenAmCham) that natural or legal persons, public or private, can go to to resolve their trade conflicts.

This competition mentioned above aims to ensure that participants carry out work that involves a legal analysis and is particularly practical. In this way, they enable them to develop conflict resolution skills in various areas, but especially in the commercial area.

SIDMA arbitration

In this context, the simulation is developed around a fictitious case and is divided into three phases: The first is the writing of a brief to clarify doubts about the case. The second is the drafting of a brief that expresses the allegations and claims of each party involved in the case, that is, the plaintiff and the accused. And third, participation in oral hearings where teams have to defend the content of their writings.

The way in which the simulation is developed, the date of delivery of the pleadings and the conduct of the hearings will be announced electronically, which will be taken into account by CEDCA, e.g. B .: The website and the social networks of the competition.

Teams and members

The teams wishing to participate in this simulation competition must belong to lawyers or faculties and their members must be students. On its website it is described in detail that no more than one team from the same faculty may participate.

If you belong to a university with several geographic locations, you can have one team per geographic location. The team must also consist of at least two people.

How can I take part in this competition?

At the end In order to be able to participate in the competition, the interested teams must fill out the registration form on the page during the registration period. You must also send an email with the documents specified on the form. As well as paying the registration fee.

It was also known that the teams may have a consultant to assist them during the process and could only advise the team to guide them on the right path.

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