Arbitrating under the 2014 LCIA Rules. A User's Guide

This highly practical and user-friendly guide provides you with a thorough analysis of the 2014 London Court of International Arbitration (LCIA) Rules. You’ll find a comprehensive explanation of the basic principles governing LCIA arbitration, along with an in-depth analysis of complex issues that may arise in the course of LCIA proceedings.

The LCIA is the longest-established of all the major arbitral institutions, and so the publication of their new rules is an important event.

This book examines the key changes introduced by the 2014 rules and the key reasons for choosing an LCIA arbitration, and takes you through the stages of drafting an LCIA arbitration agreement. It examines the request for arbitration, the response, and the Tribunal’s jurisdiction.

It explains the rule about communications, and how the arbitral tribunal is formed. It looks at the challenge, removal and replacement of arbitrators, the language of arbitration, and includes a chapter dedicated to hearings, witnesses and experts. Separate chapters on awards, costs and deposits, confidentiality and limitation of liability will provide practical help to anyone working in this field.

You’ll find plenty of useful references to relevant national court judgments, statutory provisions, up-to-date statistics and bibliographical sources on LCIA arbitration.

Covering important aspects of LCIA practice and procedure, it includes:

• Key changes introduced by the 2014 Rule

• Drafting LCIA Arbitration Agreement

• Request for Arbitration and Response

• Formation of the Tribunal and challenges, removal and replacement of arbitrator

• Rules about communication, language and seat of the arbitration

• Standards of counsel and party conduct

• Multi-party arbitration, joinder of third parties and consolidation of proceedings

• Interim relief and Emergency Arbitrators

• Arbitral proceedings and hearings

• Awards and correction of awards

• Costs and deposits

• Confidentiality

The authors bring together a diverse and complementary outlook on LCIA arbitration, combining academic and practical perspectives, common law and civil law training and practice. Their professional and personal experience as counsel, arbitrator and former LCIA Deputy Registrar gives them a unique and in-depth insight into this important area.

Arbitrating under the 2014 LCIA Rules will be essential reading for business executives and corporate counsel working in this area, as well as to practitioners and scholars.