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Blog Archives
New LCIA Arbitration Rules: In force on 1 October 2020
(1) Case Management Powers Enabling Expedition The 2014 version of the LCIA Arbitration Rules made clear that the tribunal has “the widest discretion to discharge [its] general duties” and that “the Arbitral Tribunal may, subject to the LCIA Rules, make …
DOUBLE HATTING: DUTY TO DISCLOSE TIES BETWEEN ARBITRATORS AND EXPERTS IN INTERNATIONAL ARBITRATION
Introduction An arbitrator’s failure to disclose a professional relationship with an expert witness led an ICSID ad hoc committee (the “Annulment Committee”) on 11 June 2020 to issue a unanimous decision to annul a €128 million award against Spain in …
The 2019 LCIA Casework Report: Record Number of New Cases
On 19 May 2020, the London Court of International Arbitration (“the LCIA”) released its Annual Casework Report for 2019 (“the Report”) revealing that it received the greatest ever number of arbitrations in 2019. Of note, the statistics reveal that the …