International arbitration News, analytics and practice

25Jul/140

New LCIA Arbitration Rules, effective 1 October 2014

The London Court of International Arbitration (LCIA) is pleased to announce that the new LCIA Arbitration Rules have been formally adopted by the LCIA Court and the LCIA Board of Directors. The Rules will come into effect on 1 October 2014.

The new Rules ensure an effective, efficient and fair process. Notable changes in the Rules include provisions on consolidation and on conduct of legal representatives and parties, as well as expanded provisions on emergency relief.

The LCIA’s new Director General, Dr Jacomijn van Haersolte-van Hof expresses thanks to those who have contributed to the meticulous and thoughtful drafting process, which has led to a balanced set of Rules.

Sarah Lancaster, Registrar of the LCIA Secretariat, welcomes the adoption of the new Rules, which modernise and improve upon the existing version, reinforcing the LCIA’s position as one of the world’s leading providers of efficient international arbitration services.

A series of events will be organised to launch the Rules to the international legal community, which will offer participants the opportunity to acquire a comprehensive overview of the latest developments.

The new Rules are available on the LCIA website at www.lcia.org. Schedules of Costs, Notes for Arbitrators, translations of the Rules, and other related resources will be available from the LCIA website in due course.

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