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An insiders’ guide to the New LCIA Rules

Following the launch of the new LCIA Rules, LALIVE hosted an event to provide insight into the thinking behind the revision of the LCIA Rules and discussing its impact from a practical point of view. For that purpose, LALIVE was delighted to welcome the LCIA’s new Director General, Dr Jacomijn van Haersolte-van Hof, as well as one of the members of the LCIA Court’s drafting committee, Mr James Castello (partner at King & Spalding, Paris), as guest speakers.

An interactive discussion, moderated by LALIVE partner Domitille Baizeau,  followed, allowing a lively exchange between the speakers and the audience composed of over 50 leading arbitration practitioners from Switzerland and abroad.  Emphasis was given, in particular to:

  • the improvement of speed and efficiency of LCIA proceedings, by way of new requirements imposed on arbitrators (including the declaration of availability or the Tribunal’s obligation to inform the Parties and the LCIA as to the timing for the final award and the deliberations);
  • the new emergency arbitrator procedure;
  • the maintenance of London as the default seat;
  • the existing and new rules regulating multi-party and multi-contract arbitrations; and last but not least
  • the innovative but controversial self-regulatory rules about the appearance and conduct of the parties’ legal representatives.
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