Dear colleagues,
We inform you that the LCIA Arbitration Rules 2020 came into force on 1 October 2020 and shall apply to any LCIA arbitration commenced from that date. The amendments are due to both the spread of COVID-19 and the intention to modernize and improve the arbitration procedure in the LCIA.
A lot of our clients include LCIA arbitration clause in their commercial agreements, so we have made this review of the most, in our opinion, important amendments to the LCIA Arbitration Rules.
We hope that our recommendations will be useful to you.
Kind regards,
TA Legal Consulting
