Commentary on the LCIA Rules 2nd Edition

A Commentary on the LCIA Arbitration Rules, 2nd edition expands on the First Edition, which was the first full length book on the 2014 LCIA Rules. The second edition provides a thorough assessment of the current Rules and their operation in practice, as well as their legal and historical context. It also provides advice on areas for consideration when choosing the LCIA Rules or conducting an arbitration under them, and highlights the differences and innovations in the Rules and their implications. The commentary extends to the Annex, containing Guidelines for legal representatives, the Schedule of Costs, and to the LCIA’s Guidance Notes. The book also provides practitioners with a substantial set of invaluable reference materials for use in conjunction with the Rules – new reference materials to this edition including the LCIA Guidance Notes.

Key features:

PART I—INTRODUCTION       

 

Article 1 – Request for Arbitration       

Article 2 – Response        

Article 3 – LCIA Court and Registrar     

Article 4 – Written Communications and Periods of Time   

Article 5 – Formation of  Arbitral Tribunal     

Article 6 – Nationality of Arbitrators     

Article 7 – Party and Other Nominations      

Article 8 – Three or More Parties      

Articles 9A, 9B and 9C       

Article 9A - Expedited Formation of Arbitral Tribunal   

Article 9B - Emergency Arbitrator      

Article 9C - Expedited Appointment of Replacement Arbitrator   

Article 10 – Revocation and Challenges      

Article 11 – Nomination and Replacement     

Article 12 – Majority Power to Continue Deliberations    

Article 13 – Communications Between Parties and  Arbitral Tribunal  

Article 14 – Conduct of Proceedings      

Article 15 – Written Statements       

Article 16 – Seat(s) of Arbitration and Place(s) of Hearing   

Article 17 – Language(s) of Arbitration      

Article 18 – Legal Representatives      

Article 19 – Oral Hearings       

Article 20 – Witness(es)        

Article 21 – Expert(s) to Arbitral Tribunal     

Article 22 – Additional Powers       

Article 23 – Jurisdiction and Authority      

Article 24 – Deposits        

Article 25 – Interim and Conservatory Measures    

Article 26 – Award(s)       

Article 27 – Correction of Award(s) and Additional Award(s)   

Article 28 – Arbitration Costs and Legal Costs     

Article 29 – Determinations and Decisions by LCIA Court  

Article 30 – Confidentiality      

Article 31 – Limitation of Liability         

Article 32 – General Rules      

         

Annex to the LCIA Rules General Guidelines for the Parties’ Legal Representatives (Articles 18.5 and 18.6 of the LCIA Rules)     

Schedule of Arbitration Costs (LCIA)     

 

PART III—COMMENTARY ON THE LCIA RECOMMENDED CLAUSES       

Introduction 

Future disputes        

Existing disputes

 

PART IV—DIFC-LCIA ARBITRATION CENTRE by Robert Karrar-Lewsley

Introduction         

Background         

The DIFC-LCIA and its Rules