2021 ICC Arbitration Rules Come Into Force
2021 ICC Arbitration Rules Come Into Force Friday, January 8, 2021 ICC”) launched the Revised Rules of Arbitration (“ 2021 ICC Rules”), on 1 December 2020. 1 The 2021 ICC Rules enter into force on January 1, 2021. The ICC Arbitration Rules 2017 (“ 2017 ICC Rules”) will continue to apply to cases registered prior to January 1, 2021. 2 The amendments in the 2021 ICC Rules are a step towards greater efficiency, flexibility and transparency in ICC arbitrations. 3 Joinder of Parties and Consolidation of Proceedings; Disclosure of Third-Party Funding; Provisions for Investmen...
Source: natlawreview.com