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LCIA Arbitration Rules
(adopted to take effect from 1 January 1985)

Rules

Article 1 - Request for Arbitration

Article 2 - Response by Respondent

Article 3 - The Arbitral Tribunal

Article 4 - Communications Between Parties and the Tribunal

Article 5 - Conduct of the Proceedings

Article 6 - Submission of Written Statements and Documents

Article 7 - Place of Arbitration

Article 8 - Language Of Arbitration

Article 9 - Party Representatives

Article 10 - Hearings

Article 11 - Witnesses

Article 12 - Experts Appointed by the Tribunal

Article 13 - Additional Powers of the Tribunal

Article 14 - Jurisdiction of the Tribunal

Article 15 - Deposits and Security

Article 16 - The Award

Article 17 - Correction of Awards and Additional Awards

Article 18 - Costs

Article 19 - Exclusion of Liability

Article 20 - General Rules

Schedule of Costs (effective I January 1985)

Administrative Costs

Costs of the Tribunal

Notes

Recommended Arbitration Clauses

Future disputes

Existing disputes

The London Court of International Arbitration (LCIA)

Background

Endnotes

Endnotes

Endnotes

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

LCIA Arbitration Rules - (adopted to take effect from 1 January 1985)

London Court of International Arbitration (LCIA)

copy @ Lex Mercatoria

LCIA Arbitration Rules
(adopted to take effect from 1 January 1985)

Article 15 - Deposits and Security

15.1 The Tribunal may direct the parties in such proportions as it deems just and subject to the confirmation of the Court that the amounts are in conformity with the Schedule of Costs, to make one or several interim or final payments on account of the costs of the arbitration. Such deposits shall be made to and held by the Court to the order of the Chairman of the Tribunal or sole arbitrator and may be drawn from as require l by the Tribunal Interest on sums deposited if any shall be accumulated to the deposits

15.2 The Tribunal shall have the power to order any party to provide security for the legal or other costs of any other party by way of deposit or bank guarantee or in any other manner the Tribunal thinks fit.

15.3 By agreeing to arbitration under these Rules the parties shall be taken to have agreed to apply only to the Tribunal and not to any court of law or other judicial authority for an order under Article 15.1 or for an order for security for costs under Article 15.2.

15.4 Without prejudice to the right of any party to apply to a competent court for pre-award conservatory measures (except those referred to in Articles 15.1 and 15.2) the Tribunal shall also have the power to order any party to provide security for ail or part of any amount in dispute in the arbitration.

15.5 In the event that orders under paragraphs 1, 2 and 4 of this Article are not complied with the Tribunal may disregard claims or counterclaims by the non-complying party although it may proceed to determine claims or counterclaims by complying parties.


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Lex Mercatoria