LCIA publishes new arbitration rules

A summary of the new LCIA arbitration rules published on July 25 2014, to come into effect on October 1st, highlighting the important modifications and additions.

These modifications have been broken down into four main categories; rules to streamline and ensure greater efficiency of arbitral proceedings; the introduction of new rules applicable to multi-party disputes; the introduction of an "Emergency Arbitrator" provision; and the introduction of ethical guidelines for counsel.

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