The new ICC rules: What is next for the Mainland arbitration community?
14 October 2011
This article examines some of the features of the new ICC Rules. Some of the features may be useful, but some may not be so useful. In any event, through an understanding of the features of the new Rules, the Mainland arbitration community, and indeed other arbitration communities, will be able to benefit by absorbing the experience of others in order to decide for itself the next steps to be taken.
The International Chamber of Commerce (ICC) recently published a new set of arbitration rules (Rules), which updates the version that has been in force since January 1 1998. The new Rules were launched in Paris on September 12 2011, and then subsequently in Hong Kong on October 10 to 11 2011, and in Singapore on October 12 2011. The new rules will come into force on January 1 2012.
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