Rules for Appointing an Emergency Arbitrator: Drafting the International Arbitration Clause, Part 3 of 4

Locke Lord LLP
Contact

It has long been the accepted norm in international arbitration that an arbitral tribunal has the jurisdiction to order interim measures relating to the subject matter of the dispute. It also has been long accepted that a party’s request for interim measures addressed to a judicial authority at the seat of the arbitration is neither incompatible with, nor a waiver of, the agreement to arbitrate. The 1976 U.N. Commission on International Trade Law (UNCITRAL) Arbitration Rules enshrined this principle, and all the leading arbitral institution rules contain similar, if not identical provisions.

Given the nature of international arbitration, a party often finds itself in a locale where the local courts, for whatever reason, are not a viable option. In those instances, a party is forced to wait until an arbitral tribunal is in place before seeking interim relief. There is often an urgency component, so waiting is often less than satisfactory. Recognizing this dilemma, the International Centre for Dispute Resolution (ICDR) was the first arbitral institution to provide for the appointment of an emergency arbitrator, and other institutions have followed.

Originally published in Corporate Counsel on July 16, 2015.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Locke Lord LLP | Attorney Advertising

Written by:

Locke Lord LLP
Contact
more
less

Locke Lord LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide