| Article | The New International Chamber of Commerce (ICC) Arbitration Rules |
|---|---|
| Authors | Nowachyk P., Kakoliecki A. |
| Name of magazine | Scientific-practical legal journal «Alternative Dispute Resolution» (1 half of the year – in Ukrainian, 2 half of the year – in Russian) |
| Issue | 1 / 2013 |
| Pages | 76 - 89 |
| Annotation | This article gives an overview of the new Arbitration Rules of the International Chamber of Commerce (ICC) as well as Appendices I–V thereto. The article notes that the new Rules are intended to better serve the needs of businesses and governments engaged in international trade and investment. In particular, the article analyses the following new features introduced in 2012: the status and powers of the ICC Court and the Secretariat, the exchange of information between the parties, the necessary elements of the request for arbitration, and the requirements for statement of defence, changes to the determination of the arbitral tribunal’s jurisdiction, conduct of proceedings in disputes involving multiple parties and multiple contracts, consolidation of proceedings and the accession of additional parties to the arbitration, the status of the arbitrators and the composition of the arbitral tribunal, obligation of the tribunal and the parties to make every effort to conduct the arbitration in an expeditious and cost-effective manner, the authority of the tribunal to make orders concerning the confidentiality of the arbitration proceedings or of any other matters in connection with the arbitration and take measures for protecting state secrets and confidential information, duties of the tribunal to proceed within as short a time as possible to establish the facts of the case by all appropriate means, the status and powers of the emergency arbitrator. |
| Keywords | International Chamber of Commerce, ICC Arbitration Rules, jurisdiction of the arbitral tribunal, multi-party arbitration, multi-contract arbitration |
| References | |
| Electronic version | Download |