The International Chamber of Commerce (the “ICC”) has now released the newest iteration of its arbitration rules, the 2026 ICC Arbitration Rules (the “2026 Rules”), which will enter into force on 1 June 2026. The 2026 Rules are evolutionary rather than revolutionary. The ICC has not fundamentally altered the structure of ICC arbitration, but it […]
New 2026 ICC Arbitration Rules
The International Chamber of Commerce (“ICC”) has approved a revised version of its Rules of Arbitration, which will enter into force on 1 June 2026 (“2026 ICC Rules”), replacing the 2021 Rules of Arbitration (“2021 ICC Rules”). The revisions are designed to improve efficiency, clarity and user-friendliness, ensuring ICC arbitration remains responsive to global user […]
Key Takeaways from 2024 LCIA and ICC Arbitration Statistics
The latest statistics from the London Court of International Arbitration (LCIA) and the International Chamber of Commerce (ICC) provide valuable insights into evolving trends in global dispute resolution. Both institutions continue to reflect the internationalisation of arbitration, growing involvement from emerging markets, increased attention to tribunal composition, and greater procedural efficiency in handling complex, high-value […]
Behind the Curtain: A Step-by-Step Guide to ICC Arbitration
For many parties, initiating ICC arbitration can seem like entering unfamiliar territory. The process is formal and structured, and the term arbitration itself may carry a sense of complexity, especially for those encountering it for the first time. While it is a well-established mechanism for resolving cross-border disputes, the procedural steps that follow the filing […]
What Are the Recoverable Costs in ICC Arbitration?
Costs are among the most important considerations for parties in international arbitration proceedings.[1] Therefore, it is crucial for them to know in advance the categories of recoverable costs at the end of the arbitral process. These costs can generally be recovered from the losing party. In this respect, Article 38 of the Arbitration Rules of […]