Powered by Lexis+®
Jurisdiction(s):
United Kingdom

LCIA Arbitration Rules 2020: Practical guidance on drafting and operating a bespoke fast-track arbitration, including clause design, tribunal appointment, pleadings limits, evidence, time limits, costs caps and award deadlines

Practice notes
imgtext

This Practice Note examines the use of expedited (or fast-track) arbitration procedures pursuant to the London Court of International Arbitration (LCIA) Arbitration Rules 2020 (the LCIA Rules), effective from 1 October 2020. The LCIA does not presently provide a fast-track variant within the LCIA Arbitration Rules. Even so, parties are free to embed a bespoke fast-track process in (i) an arbitration clause; or (ii) a submission agreement concluded before, or upon, commencing an LCIA arbitration. For practical guidance on arbitrations conducted pursuant to the LCIA Rules 2020 and 2014, please refer to the relevant Practice Notes here: LCIA arbitration—overview. For guidance on the general subject of expedited (aka fast-track) arbitration, see Practice Note: Expedited (aka fast-track) arbitration.

Fast-track arbitration procedure under the LCIA Rules

Expedited arbitration regimes typically supply users with a non-exhaustive suite of procedural tools aimed at ensuring the arbitration is determined without undue delay...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
Web page updated on 22/05/2026

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow