The Secretariat oversees the day-to-day administration of all cases referred to the LCIA, acts as administrator in cases under the UNCITRAL Rules and provides a mechanism for holding funds in other ad hoc proceedings. 12.1 If an arbitrator of a three-member arbitral tribunal refuses or persists in not participating in its deliberations, the other two arbitrators shall, upon written notice to the LCIA Tribunal, the parties and the third arbitrator, be entitled to continue the arbitration (including the award or award). notwithstanding the absence of the third arbitrator. The rules update and increase the previous fees included in the fee schedule. These include registration fees for initiating arbitration proceedings (increased from £1,750 to £1,950), general administrative costs of the institution (increased from 10% to 15%), urgent application fees (from £8,000 to £9,000), maximum hourly fees for arbitrators (from £450 to £500 per hour) and emergency arbitrator fees (from £20,000 to £22,000). It is important to note that the rules now include fees for the court secretary. The London Court of International Arbitration (LCIA) is a private, not-for-profit institution that resolves commercial disputes, administers arbitration, mediation and other alternative dispute resolution procedures. Although the LCIA is a London-based institution, less than 20% of the parties in pending LCIA cases are English nationals.1 names, addresses, telephone, fax, telex and e-mail numbers (if known) of the parties to the arbitration and their legal representatives; The LCIA has not adopted specific rules or procedures regarding investor-state disputes, and the institution`s core business remains trade disputes. Nevertheless, the LCIA Secretariat manages investment treaty disputes (for example, in accordance with the UNCITRAL Rules).5 Although the LCIA does not publish precise figures on contractual cases, the Institution is deemed to have registered, conducted and managed several disputes relating to investment contracts in accordance with the LCIA Rules.6 18.3 After the constitution of the arbitral tribunal, Any proposed modification or addition of its authorized representatives by a Party shall be promptly notified in writing to all. the other parties, the arbitral tribunal, the secretary of the tribunal (if any) and the registrar; and any proposed modification or addition shall not be valid in the arbitration proceedings unless the arbitral tribunal consents. 24.6 In the event that either party fails or refuses to make a payment based on the costs of arbitration in accordance with the LCIA Tribunal`s direction, the LCIA Tribunal may order the other party or parties to make another advance payment of costs in the same amount so that the arbitration may proceed (subject to an order or award on arbitration costs).
2.4 Failure to appoint or propose a candidate arbitrator within the time limit for submission of a response or such other period as the parties may agree shall constitute an irrevocable waiver of that party`s ability to appoint or propose a candidate arbitrator. Failure to provide a response or part of it in a timely manner or not at all does not prevent the respondent (per se) from rejecting a claim or filing a defense, counterclaim or counterclaim in arbitration. 9.2 Such request shall be made in writing to the Registrar by electronic means, together with a copy of the request (if from a claimant) or a copy of the response (if from a respondent) and shall be promptly delivered or communicated to all other parties to the arbitration. The request shall indicate the particular reasons for extraordinary urgency which require expedited formation of the arbitral tribunal. (i) consolidate the arbitration with one or more other arbitrations into a single arbitration in accordance with the LCIA Rules, if all parties to the arbitrations to be consolidated so agree in writing; 18.4 The arbitral tribunal may refuse to approve an amendment or proposed addition to the authorized representatives of a party if such modification or addition would affect the composition of the arbitral tribunal or the finality of an arbitral award (because of possible conflicts of interest or similar obstacles). In deciding whether to grant or refuse such leave, the arbitral tribunal shall take into account the circumstances, including: the general principle that a party may be represented by an authorized representative elected by that party, the stage at which the arbitration is located, the effectiveness resulting from maintaining the composition of the arbitral tribunal (in its composition throughout the arbitration) and any loss of costs or time resulting from such modification or addition.