Amendments to the UNCITRAL Arbitration Rules: Are we there yet?
25 June 2010
For over 30 years, the UNCITRAL Arbitration Rules have provided commercial users with an easily accessible and understandable procedural framework for an arbitral process that is not tied to an institution, with the cost advantages and greater flexibility that this can bring.
Publication of an updated and substantially revised version of the Rules is now eagerly awaited by the international arbitration community. Although it remains to be seen precisely what form the revisions will take, the updated Rules are likely to include new provisions on joinder, arbitrators' fees, and the role of the "appointing authority".
In anticipation of the changes, Laurent Gouiffès, a partner in our Paris office who has followed the revision process closely over the past four years (including at the final Working Group session held in New York in February 2010), has prepared a paper tracing the development of the revisions. The article, which also examines the likely form and impact of the new rules, can be found here.
If you have any queries about the new rules or would like to discuss the matters raised in this article, please e-mail us.