NEWSLETTER-2020-metin

203 ARBITRATION LAW LCIA Rules 2020* Att. Melissa Balıkçı Sezen Introduction On 11 August 2020, the London Court of International Arbitra- tion (“LCIA”) has announced the changes made to the LCIA arbitra- tion rules 1 (“LCIA Rules 2020” or “LCIA Rules”) that will become effective on 1 October 2020. The LCIA Rules 2020 will apply to any arbitration commenced under the rules on or after this date, provided that there is no express agreement between the parties providing that an earlier version of the rules should apply. The latest revision to the rules was made in 2014 and, with this update, the LCIA aims to ensure that the rules continue to reflect best practice, and aims to “ make the arbitration and mediation processes even more streamlined and clear for arbitrators, mediators and par- ties alike ” 2 . As stated by Paula Hodges, QC, (President of the LCIA), the changes were attempted to be done with a “ light touch, ” 3 and some important issues were clarified. This article aims to provide a brief summary of the amendments made to the LCIA Rules 2020. It should be noted that amendments have also been made to the mediation rules, but those are not within the scope of this article. * Article of August, 2020 1 The LCIA Rules 2020 are accessible at: https://www.lcia.org/Dispute_Resolu- tion_Services/lcia-arbitration-rules-2020.aspx#Article%204 2 For the update announced in the LCIA website, please see: https://www.lcia.org/ lcia-rules-update-2020.aspx 3 For the update announced in the LCIA website, please see: https://www.lcia.org/ lcia-rules-update-2020.aspx