Dating back to 1883, The London Court of International Arbitration (“LCIA”) is by far the oldest international arbitration institution in the world. It was originally set up to attend to the resolution trans-national commercial disputes arising within the ambit of the City of London.
The London Court of International Arbitration will arbitrate on the basis of any procedural rules specified by the parties in their arbitration agreement or the original contract. It will hear disputes and any awards made by it will be enforceable in any country which is a party to the New York Convention on the Recognition and Enforcement of Arbitral Awards. For this reason, the London Court of International Arbitration can provide an avenue for the neutral settlement of disputes arising under a contract which can be an essential element in the resolution of a dispute between two parties.
If you think that you may need to file a dispute in the LCIA or you have received a claim from the LCIA, please do not hesitate to contact us about the representation in relation to international commercial arbitration.