Jurisdiction(s):
United Kingdom

Key definition

Arbitration rules definition

What does Arbitration rules mean? arbitration rules are the procedural framework that governs how an arbitration is run, including commencement, appointment and challenge of arbitrators, case management, evidence, confidentiality, hearings, interim (and often emergency) relief, awards and costs. In practice they come from two sources: (1) the mandatory and default provisions of the law of the seat (lex arbitri); and (2) any institutional or ad hoc rules the parties select (for example, the LCIA Rules, ICC Rules, HKIAC Rules, SIAC Rules or the UNCITRAL Arbitration Rules). The expression is descriptive and not a defined statutory term. Usage is consistent across the UK...

Expedited Proceedings under the P.R.I.M.E. Finance Arbitration Rules 2022 (Article 17): Eligibility, Procedure and Deadlines

Published by a LexisNexis Arbitration expert

Practice notes

Updated in 2021, the P.R.I.M.E. Finance Arbitration rules’ 2022 version took effect on 1 January 2022, governing arbitrations begun on or after that day (the P.R.I.M.E. Finance Rules; the Rules).

The Rules also contain model clauses as well as a model submission agreement.

This Practice Note examines expediting arbitration proceedings under the P.R.I.M.E. Finance Rules. Under Article 17 of the Rules, the P.R.I.M.E. Finance Rules make available expedited proceedings.

Expedited proceedings can be commenced if the sum in dispute does not exceed €4,000,000 at the time the response to the notice of arbitration under Article 17

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Web page updated on 22/05/2026

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