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ARBITRATION; RULES, CLAUSES & COSTS

Rules
The LCIA Arbitration Rules are intended for use in the widest range of commercial disputes, domestic and international and under any system of law.

The Rules have been updated over the years to meet the changing needs of the international business community.

The Rules may be downloaded in all the languages indicated.

The LCIA Arbitration Court ("The Court")
The formation of the LCIA Arbitration Court in 1985 represented a major step towards the internationalisation of the LCIA.

The LCIA Court is made up of up to thirty five members, selected to provide and maintain a balance of leading practitioners in commercial arbitration, from the major trading areas of the world. UK membership of the LCIA Court is restricted to 25%. Other members are drawn from as far afield as Hungary and Australia, Nigeria and the United States, Tunisia and China. (Current LCIA Court membership is shown on a loose-leaf insert to this booklet.)

The LCIA Court is the final authority for the proper application of the LCIA Rules. Its principal functions are the appointment of tribunals, the determination of challenges to arbitrators, and the control of costs. The functions of the LCIA Court are performed, in the name of the LCIA Court, by the President, by a Vice President or by a Division of the LCIA Court of three or five members, of whom one will be the President or a Vice President, or, in the case of administrative functions, by the Registrar.

Clauses
Recommended clauses for arbitration, mediation, and a combination of both procedures, will be found at the end of the Rules, which can be accessed by clicking on the flags.