Abstract

The 2017 ICC Rules of Arbitration and the New ICC Expedited Procedure Provisions: A View from Inside the Institution

By José Ricardo Feris

English

On 1 March 2017, the newly revised ICC Rules of Arbitration entered into force. Their principal innovation is the provision of an expedited procedure for lower-value cases. In this article, the Deputy Secretary General of the ICC Court, who has been closely involved in establishing and implementing the expedited procedure, describes in detail how they will be put into practice by the ICC Court and its Secretariat and discusses the issues they are likely to raise in relation to such matters as the determination of the amount in dispute and the constitution of the arbitral tribunal, how such issues will be addressed, and the interplay between the new Expedited Procedure Provisions and existing provisions in the Rules. The 2017 revision also introduced some more limited, but nonetheless important, changes reflecting policy and practice developments designed to enhance efficiency and transparency. These changes are also covered in this article.