Jurisdiction(s):
United Kingdom

SIAC 2025 Arbitration Rules: pre‑commencement and ex parte emergency relief, streamlined/expedited procedures, multi‑case coordination, enhanced tribunal powers, and mandatory third‑party funding disclosure

Published on: 09 January 2025

Published by a LexisNexis Arbitration expert

Legal News

Article summary

Key features of the SIAC Rules 2025

The SIAC Rules 2025 present a wide array of procedural mechanisms that users can tailor to what best serves their particular dispute. These comprise:

Emergency arbitration to secure urgent interim or conservatory measures before the tribunal is formed, together with a newly introduced ability to seek a ‘protective preliminary order’ without prior notice to the other parties
Streamlined and expedited procedures for lower-value claims, employing a simplified arbitration process and a sole arbitrator
Options for consolidation of arbitrations and joinder of parties
A newly added facility to coordinate arbitrations, where the same tribunal is consolidated and there is a common question of law or fact

The tribunal is also vested with extensive powers to promote a fair, swift, and cost‑effective resolution of the dispute and to support the enforceability of the award...

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