Meeting – 25.09.2012 – International issues – what do we need to know about the new ICC Rules?
Meeting – 25.09.2012
International issues – what do we need to know about the new ICC Rules?
Special guest: Anne Marie Whitesell, of counsel in the law firm Dechert LLP
During the meeting, Anne Marie presented the amendments to the Rules of the International Court of Arbitration at the ICC as of 1 January 2012. The most important amendments introduced after 1 January 2012 can be divided into three categories: (i) amendments introduced to improve the efficiency of proceedings and lower their costs; (ii) amendments concerning complicated arbitration proceedings, including merging cases for joint consideration and summoning a third party to take part in a case; and (iii) the institution of “emergency arbitrators”, to decide cases involving securing of claims. At the end of the meeting, Anne Marie and the other participants discussed practical hints on how to build a career in international arbitration.