Revised UNCITRAL Arbitration Rules

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Revised UNCITRAL Arbitration Rules

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On 25 June 2010, UNCITRAL, the United Nations Commission on International Trade Law, adopted a long-awaited revision of its arbitration rules. The UNCITRAL Rules are intended to be used by parties for ad hoc international commercial arbitrations – i.e., arbitrations that are not administered by an arbitral institution and, usually, do not proceed under the rules of such an institution. The UNCITRAL Arbitration Rules may also be used in arbitrations between investors and States which proceed pursuant to a treaty, such as a bilateral investment treaty, where the treaty allows investors to pursue arbitration conducted under the UNCITRAL Rules.

Click on the PDF above to read our summary of the changes and their effects.

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