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LMAA Terms 2017

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Insight

Introduction of the LMAA 2017 Terms

Earlier this year, the LMAA published updated terms and procedures which it announced would come into effect for appointments made on or after 1 May 2017 (“the 2017 Terms”).

The update to the 2012 Terms is aimed at achieving efficiency and cost effectiveness in arbitration proceedings. They take on board suggested revisions received from the two Supporting Members’ Liaison Committees as well as from users of LMAA arbitration.

Authors

Cate Baddeley

Senior Associate

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