International Arbitration - LCIA Guidance Notes

First Guidance Notes for Arbitrators, Parties and on Emergency Procedures

At the end of June 2015, the London Court of International Arbitration (the LCIA) issued three guidelines on arbitration - the LCIA Notes for Parties, the LCIA Notes for Arbitrators and the LCIA Notes on Emergency Procedures (the Notes). These are the first such guidance notes issued by the LCIA on the recent arbitration rules that came into effect on 1 October 2014.

The Notes facilitate the intention of amendments found in the LCIA Rules 2014 (the Rules) - efficient management and cost-effectiveness in arbitrations. In particular the guidelines are intended to facilitate the "diligent and timely conduct of arbitrations".  The three Notes will be of particular interest to those involved in, or considering the use of, arbitration to resolve disputes.