Starting in December 2018, international arbitration participants will have a new choice about rules governing these proceedings. The Prague Rules are set to be published in final form, and these rules are markedly different from the existing International Bar Association (IBA) Rules.
Womble Bond Dickinson attorneys Emily Doll (US) and Thomas McCall (UK) write about the Prague Rules for international arbitration in a new Law360 article. The new rules, which draw from civil law proceedings in continental Europe and the Middle East, rely less on document production and e-discovery compared to IBA Rules.
“The aim of the new rules, according to the drafters, is to ‘reduce the duration and costs of arbitrations’ and increase their efficiency by abandoning the need to disclose vast amounts of documents,” Doll and McCall write.
In addition, the Prague Rules place “a substantive burden” early in the proceedings in the form of a case management conference.
Doll and McCall explore these and other notable differences between the Prague Rules and the IBA rules in the Law360 article. Click here to read “From Russia with New Evidentiary Rules” at Law360.
Emily Doll focuses her practice on international arbitration. She has assisted in the representation of clients in all phases of arbitration, and has experience with investor-state and international commercial arbitrations under the rules of a variety of leading international institutions, including ICSID, PCA, SIAC, SCAI and UNCITRAL.
Thomas McCall focuses on commercial disputes both at the High Court and has acted in arbitrations under all of the major institutional rules, as well as ad hoc arbitrations primarily for insurers, reinsurers and financial institutions. His cases generally involve complex jurisdictional issues.