LCIA (2020)—arbitration under the LCIA Rules

Summary

This practice note gives information about the London Court of International Arbitration (LCIA), a prominent international commercial arbitration institution, which administers arbitrations under its own rules (known as 'LCIA arbitrations') and also provides various services, including acting as an appointing authority, in arbitrations under ad hoc arbitration rules. It begins by setting out the structure of the LCIA. The focus of the note is an outline of details of the LCIA Arbitration Rules 2014 (the LCIA Rules), including how to commence an arbitration, responding to a request for arbitration, forming the arbitral tribunal, conducting the proceedings, confidentiality and the content of LCIA arbitration awards. This note also covers information on the duration and costs of an LCIA arbitration following data published by the LCIA. Lexis PSL- United Kingdom