The newly drafted 2023 Ljubljana arbitration rules are intended to replace the existing 2014 Ljubljana arbitration rules and take into account most recent developments in international arbitration practice and procedure, and are aimed at better serving the needs of the businesses, counsel, institutions, pubic law entities and other users of LAC-administered arbitration.
Main novelties include inter alia * an obligation to disclosure third-party funding in order to assist the arbitrators in complying with impartiality and independence requirements; * appointment of the administrative secretary of the arbitration tribunal; * introduction of a mandatory case management conference; * introduction of the possibility of organizing oral hearings remotely; * stressing the significance of the principle of good faith in the arbitral tribunal’s decisions of on the costs; * more comprehensive regulation of confidentiality of the proceedings; * cost-related incentives for using the “mediation window” within the arbitration proceedings and for using multitier dispute resolution services pursuant to Ljubljana mediation Rules and Ljubljana arbitration Rules; * flexibilization of the time limits set by the LAC Secretariat, also for the answer to the request for arbitration and the appointment of the chairperson of the arbitral tribunal; * the authority of the LAC Board to decide on the number of arbitrators in the absence of an agreement between the parties; * division of competence between the LAC Secretariat and the LAC Board in deciding on the confirmation of arbitrators, etc. The newly drafted 2023 Ljubljana arbitration rules also include necessary procedural and functional improvements, which serve to ensure greater efficiency of proceedings. The amounts of administrative fees and arbitrators’ fees (tables A and B of the Schedule of costs) are not subject to change.
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 2023 Ljubljana arbitration rules.
The LAC invites all interested users and practitioners to review the draft 2023 Ljubljana arbitration rules and send in their comments during the consultation period (until 1 March 2023). The LAC welcomes all suggestions on the contents of the draft Rules, as well as any other issues and/or areas not already provided in the draft. The draft 2023 Ljubljana arbitration rules 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
E: arbitraza.lj@gzs.si
W: www.sloarbitration.eu