The ICC’s updated Arbitration Rules will take effect on 1 January 2021. The new rules aim to increase the efficiency and transparency of ICC arbitration proceedings in order to make them “even more attractive, both for large, complex arbitrations and for smaller cases”.1 As with the recent update to the LCIA Arbitration Rules (see our briefing here), the amendments reflect recent changes in dispute resolution practice and demand.
For the full New ICC Arbitration Rules Launch client alert click here
