The 2021 International Chamber of Commerce Arbitration Rules Have Come into Force

The 2021 International Chamber of Commerce Arbitration Rules Have Come into Force

The 2021 Arbitration Rules of the International Chamber of Commerce (“ICC”) entered into force on 1 January 2021. The 2021 Rules aim to take a step towards greater efficiency, flexibility, and transparency in arbitration. These rules preserve the basic principles of the 2017 ICC Arbitration Rules while also introducing important amendments and innovations, some of which may be summarized as follows..

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