The newly drafted Procedures take into account recent developments in international arbitration practice and procedure, and are aimed at better serving the needs of the businesses, institutions, pubic law entities and other users of LAC-administered arbitration.
The draft Procedures are intended for use by parties who seek the benefits of an administered arbitration while maintaining the flexibility afforded by the 1976 or 2010 version of the UNCITRAL Arbitration Rules (with or without paragraph 4 of Article 1 as introduced in 2013).
The Procedures are a supplemental tool for parties who agree to have their dispute arbitrated under the UNCITRAL Arbitration Rules, and wish that the arbitration be administered by the LAC. The administrative tasks of the LAC under the draft Procedures include:
- Appointment of arbitrators;
- Deciding challenges of arbitrators;
- Deciding and administering the costs of the arbitration and financial management of the arbitration; and
- Other administrative services.
The LAC greatly values feedback from its users (parties, counsels, arbitrators) about the quality and efficiency of LAC arbitration. The LAC encourages users to provide their comments on the draft Procedures.
The LAC invites all interested users and practitioners to review the draft Procedures and send in their comments during the consultation period (from 19 July to 1 September 2018). The LAC welcomes all suggestions on the contents of the draft Procedures, as well as any other issues and/or areas not already provided in the draft. The draft Procedures are available on the LAC website (click HERE) and comments may be sent to arbitraza.lj@gzs.si.
The LAC remains committed to meeting the highest standards of excellence that parties have come to expect, and to further improving the quality and efficiency of LAC-administered arbitrations.
For more information please contact:
Ljubljana Arbitration Centre at the Chamber of Commerce and Industry of Slovenia
Dimičeva ulica 13
1000 Ljubljana
T: +386 1 5898 180
F: +386 1 5898 400
E: arbitraza.lj@gzs.si