Key Takeaway
If you have received a Request for LCIA Arbitration, understanding the processes and procedures you must comply with is crucial.
As the Response to the Request requires a summary of the Respondent’s defence, it is important to act quickly and, if desired, seek legal advice without delay to ensure your response complies with the requirements of the chosen forum, addresses any jurisdictional challenges and is aligned with the broader commercial dispute resolution strategy.
What is an LCIA Request for Arbitration?
The Request for Arbitration represents the formal commencement of arbitration proceedings by the Claimant (or Claimants), against the Respondent (or Respondents), identified in the Request.