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The ICC Launches New Expedited Procedure Rules

Overview

On 1 March 2017, the revised International Chamber of Commerce Arbitration Rules (the ICC Rules) entered into force. Following a trend set by other leading arbitration institutions such as the Stockholm Chamber of Commerce (SCC), the Singapore International Arbitration Centre (SIAC), and the International Centre of Dispute Resolution (ICDR), the ICC Rules introduce an expedited procedure (the Expedited Procedure) for smaller claims.

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