Thẻ: #MaritimeArbitration

Foreword The 2025 SIAC Rules introduce significant refinements in arbitration procedures, particularly concerning Security for Costs and Security for Claims. Our analysis delves into these changes, explaining how they alter the tribunal’s powers and the procedural dynamics. By understanding these developments, parties can better navigate arbitration, ensuring that both their financial and procedural interests are… Continue reading [A SERIES OF ARBITRATION NOTES] EPISODE 7 | SIAC NEW RULES FOR 2025 | Security For Cost And Security For Claim

Foreword The amendment of the SIAC Rules officially commenced on 2 July 2020, with the objective of consistently ensuring the fairness of proceedings, enhancing the efficiency of arbitration proportionate to the amount and complexity of the dispute, and bolstering the enforceability of awards. After over four years of research and revision, on 9 December 2024,… Continue reading [A SERIES OF ARBITRATION NOTES] EPISODE 6 | SIAC NEW RULES FOR 2025 | The Preliminary Determination Procedure