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LCIA Arbitration Rules
(adopted to take effect from 1 January 1998, that is, for arbitrations commencing on or after 1 January 1998)

[Preamble]

Article 1 - The Request for Arbitration

Article 2 - The Response

Article 3 - The LCIA Court and Registrar

Article 4 - Notices and Periods of Time

Article 5 - Formation of the Arbitral Tribunal

Article 6 - Nationality of Arbitrators

Article 7 - Party and Other Nominations

Article 8 - Three or More Parties

Article 9 - Expedited Formation

Article 10 - Revocation of Arbitrator's Appointment

Article 11 - Nomination and Replacement of Arbitrators

Article 12 - Majority Power to Continue Proceedings

Article 13 - Communications between Parties and the Arbitral Tribunal

Article 14 - Conduct of the Proceedings

Article 15 - Submission of Written Statements and Documents

Article 16 - Seat of Arbitration and Place of Hearings

Article 17 - Language of Arbitration

Article 18 - Party Representation

Article 19 - Hearings

Article 20 - Witnesses

Article 21 - Experts to the Arbitral Tribunal

Article 22 - Additional Powers of the Arbitral Tribunal

Article 23 - Jurisdiction of the Arbitral Tribunal

Article 24 - Deposits

Article 25 - Interim and Conservatory Measures

Article 26 - The Award

Article 27 - Correction of Awards and Additional Awards

Article 28 - Arbitration and Legal Costs

Article 29 - Decisions by the LCIA Court

Article 30 - Confidentiality

Article 32 - General Rules

Article 31 - Exclusion of Liability

Recommended Arbitration Clauses

Future Disputes

Existing Disputes

Endnotes

Endnotes

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

LCIA Arbitration Rules - (adopted to take effect from 1 January 1998)

London Court of International Arbitration (LCIA)

copy @ Lex Mercatoria

LCIA Arbitration Rules
(adopted to take effect from 1 January 1998, that is, for arbitrations commencing on or after 1 January 1998)

Article 25 - Interim and Conservatory Measures

25.1 The Arbitral Tribunal shall have the power, unless otherwise agreed by the parties in writing, on the application of any party:

(a) to order any respondent party to a claim or counterclaim to provide security for all or part of the amount in dispute, by way of deposit or bank guarantee or in any other manner and upon such terms as the Arbitral Tribunal considers appropriate. Such terms may include the provision by the claiming or counterclaiming party of a cross-indemnity, itself secured in such manner as the Arbitral Tribunal considers appropriate, for any costs or losses incurred by such respondent in providing security. The amount of any costs and losses payable under such cross-indemnity may be determined by the Arbitral Tribunal in one or more awards:

(b) to order the preservation, storage, sale or other disposal of any property or thing under the control of any party and relating to the subject matter of the arbitration: and

(c) to order on a provisional basis, subject to final determination in an award, any relief which the Arbitral Tribunal would have power to grant in an award, including a provisional order for the payment of money or the disposition of property as between any parties.

25.2 The Arbitral Tribunal shall have the power, upon the application of a party, to order any claiming or counterclaiming 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 and upon such terms as the Arbitral Tribunal considers appropriate. Such terms may include the provision by that other party of a cross-indemnity, itself secured in such manner as the Arbitral Tribunal considers appropriate, for any costs and losses incurred by such claimant or counterclaimant in providing security. The amount of any costs and losses payable under such cross-indemnity may be determined by the Arbitral Tribunal in one or more awards. In the event that a claiming or counterclaiming party does not comply with any order to provide security , the Arbitral Tribunal may stay that party's claims or counterclaims or dismiss them in an award.

25.3 The power of the Arbitral Tribunal under Article 25.1 shall not prejudice howsoever any party's right to apply to any state court or other judicial authority for interim or conservatory measures before the formation of the Arbitral Tribunal and, in exceptional cases, thereafter. Any application and any order for such measures after the formation of the Arbitral Tribunal shall be promptly communicated by the applicant to the Arbitral Tribunal and all other parties. However, by agreeing to arbitration under these Rules, the parties shall be taken to have agreed not to apply to any state court or other judicial authority for any order for security for its legal or other costs available from the Arbitral Tribunal under Article 25.2.


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