Day 2 of Signature’s Slide Show series – The London Court of International Arbitration (LCIA) Rules have been modified

By Signature Litigation
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Signature Litigation

The institutions has decided to favour digitalisation.

The approach is different from that chosen by the ICC essentially since instructions to the arbitrators and parties are directly incorporated in the Rules.

The approach of both institutions should be approved since it allows to continue handling cases despite lockdowns and sanitary restrictions (or at least despite most of such restrictions, as do virtual hearings). A clear advantage compared to court litigation.

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