El Nuevo Reglamento de Arbitraje de la CCI: Hacia un arbitraje más eficiente y menos costoso - Iurgium [previously Spain Arbitration Review] View El Nuevo Reglamento de Arbitraje de la CCI: Hacia un arbitraje más eficiente y menos costoso by - Iurgium [previously Spain Arbitration Review] El Nuevo Reglamento de Arbitraje de la CCI: Hacia un arbitraje más eficiente y menos costoso 2012 13

The New ICC Rules of Arbitration have been received with considerable interest by members of the international business community. This is particularly true regarding the issue on how the Rules will deal with two of the prime subjects of dissatisfaction in international arbitration: the escalation of costs and excessive delays.

Over the last decades, the ICC has made significant efforts to implement provisions to strive to make arbitration less time consuming and less over-litigated. In other words, implement a cheaper and faster arbitration. This article analyses from a practical perspective the new pertinent provisions of the ICC that came into force on 1 January 2012 and whether they are likely to contribute to achieving the ICC’s goal of increasing efficiency in arbitration.

Iurgium [previously Spain Arbitration Review]