NOTES

(7+,&6,1,17(51$7,21$/$5%,75$7,21$&5,7,&$/
(;$0,1$7,212)7+(/&,$*(1(5$/*8,'(/,1(6)257+(
3$57,(6’/(*$/5(35(6(17$7,9(6
9LQFHQW6'DWWLOR 

7$%/(2)&217(176

, ,1752'8&7,21

,, %$&.*5281'
$ 'HYHORSPHQWRI,QWHUQDWLRQDO$UELWUDWLRQ
% (WKLFDO6WDQGDUGVLQ,QWHUQDWLRQDO$UELWUDWLRQ
& 7KH/RQGRQ&RXUWRI,QWHUQDWLRQDO$UELWUDWLRQ

,,, $1$/<6,6
$ $UHWKH/&,$*XLGHOLQHVWRR1DUURZ"
% 7KH,QVWLWXWLRQDOYV8QLIRUP,QWHUQDWLRQDO$SSURDFK
& 7KH+\EULG$SSURDFK

,9 &21&/86,21





 


 -'8QLYHUVLW\RI*HRUJLD



 *$-,17’/ &203/ >9RO

,,1752'8&7,21

,Q PRGHUQ LQWHUQDWLRQDO FRPPHUFLDO EXVLQHVV SUDFWLFH WKH SURFHVV RI

LQWHUQDWLRQDO DUELWUDWLRQ LV EHFRPLQJ WKH SUHIHUUHG PHWKRG RI GLVSXWH
UHVROXWLRQ  ,Q LWV VLPSOHVW IRUP DUELWUDWLRQ LV D SURFHVV IRU UHVROYLQJ
GLVSXWHVEHWZHHQSDUWLHVZLWKRXWXVLQJDIRUPDOFRXUWV\VWHP,QDUELWUDWLRQ
SURFHHGLQJV WKH GLVSXWLQJ SDUWLHV YROXQWDULO\ DJUHH WR KDYH WKHLU GLVSXWH
VHWWOHGE\DQHXWUDOWKLUGSDUW\ZKRUHQGHUVDILQDODQGELQGLQJGHFLVLRQRQ
WKHPDWWHU7KHGHFLVLRQPDNHULQWKHVHSURFHHGLQJVLVFDOOHGDQDUELWUDWRU
RUDQDUELWUDWLRQWULEXQDOWKDWFDQEHPDGHXSRIPRUHWKDQRQHDUELWUDWRUDQG
LV DSSRLQWHG E\ PXWXDO DJUHHPHQW RI WKH SDUWLHV LQ GLVSXWH  7KH GHFLVLRQ
PDGHE\WKHWULEXQDONQRZQDVDQDZDUGLVILQDOELQGLQJDQGXVXDOO\QRW
VXEMHFWWRDSSHDO$UELWUDWLRQLVHVSHFLDOO\XVHIXOLQLQWHUQDWLRQDOEXVLQHVV
GLVSXWHV EHFDXVH SDUWLHV IURP GLIIHUHQW FRXQWULHV DUH RIWHQ XQIDPLOLDU ZLWK
IRUHLJQ OHJDO V\VWHPV  :KHQ SDUWLHV IURP WZR GLIIHUHQW FRXQWULHV GR
EXVLQHVV WRJHWKHU WKH\ ZLOO OLNHO\ LQFOXGH DQ DUELWUDWLRQ FODXVH LQ WKHLU
FRQWUDFWWKDWGHWHUPLQHVWKHVWUXFWXUHIRUPDWVLWHDQGVFRSHRIDUELWUDWLRQWR
EH XWLOL]HG VKRXOG D GLVSXWH DULVH  $UELWUDWLRQ DOORZV WKH SDUWLHV JUHDWHU
IOH[LELOLW\ WKDQ D FRXUW SURFHHGLQJ DQG JLYHV WKH SDUWLHV PRUH FRQWURO RYHU
KRZWKH\UHVROYHWKHLUGLVSXWHV
5HJXODWLQJHWKLFVLQLQWHUQDWLRQDODUELWUDWLRQLVDFRPSOH[LVVXHSULPDULO\
EHFDXVH WKH ODZ\HUV LQYROYHG LQ DQ DUELWUDWLRQ WDNLQJ SODFH LQ D IRUHLJQ
MXULVGLFWLRQPD\EHVXEMHFWWRPRUHWKDQRQHVHWRIHWKLFDOUXOHV4XHVWLRQV
RIwhich body of law dictates the ethical standards applicable to each party’s
FRXQFLO LQ WKH DUELWUDWLRQ DULVH EHFDXVH DW PLQLPXP WKUHH SRVVLEOH
MXULVGLFWLRQV PD\ KDYH DSSOLFDEOH UXOHV WKH KRPH MXULVGLFWLRQ RI HDFK

  -867,1 / +($7+(5$1 ,1752'8&7,21 72 ,17(51$7,21$/ $5%,75$7,21 $%$6HF
/LWLJ  DYDLODEOH DW KWWSZZZDPHULFDQEDURUJFRQWHQWGDPDEDDGPLQLVWUDWLYHOLWLJDWL
RQPDWHULDOVBDEDBDQQXDOBDXWKFKHFNGDPSGI
  $ %ULHI +LVWRU\ RI &RPPHUFLDO $UELWUDWLRQ '<1$/(; 'HF   KWWSG\QDOH[
ZRUGSUHVVFRPDEULHIKLVWRU\RIFRPPHUFLDODUELWUDWLRQ
  .DWKU\Q 1LFNHUVRQ ,QWHUQDWLRQDO $UELWUDWLRQ 86 '(3’7 2) &200(5&( 0DU 
KWWSZZZRVHFGRFJRYRJFRFFLFDUEKWPO
  ,QWURGXFWLRQWR,&&$UELWUDWLRQ,17’/ &+$0%(52) &20KWWSZZZLFFZERRUJSURGX
FWVDQGVHUYLFHVDUELWUDWLRQDQGDGUDUELWUDWLRQODVWYLVLWHG0DU
  ,G
  1LFNHUVRQVXSUDQRWH
  ,G
  ,G
  0DUJDUHW/0RVHV(WKLFVLQ,QWHUQDWLRQDO$UELWUDWLRQ7UDSVIRUWKH 8QZDU\/2<
8&+,,17’//5(9

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

UHVSHFWLYH SDUW\ DQG WKH MXULVGLFWLRQ LQ ZKLFK WKH DUELWUDWLRQ WDNHV SODFH
)RUH[DPSOHWKHUHPD\EHDQDUELWUDWLRQSURFHHGLQJWDNLQJSODFHLQ/RQGRQ
EHWZHHQDSDUW\UHSUHVHQWHGE\FRXQVHOIURPWKH8QLWHG6WDWHVDQGDQRWKHU
SDUW\ UHSUHVHQWHG E\ FRXQVHO IURP *HUPDQ\  (DFK RI WKH WKUHH SRWHQWLDO
MXULVGLFWLRQV KDYH DQ HWKLFDO LQWHUHVW LQ WKH FRQGXFW RI WKH DWWRUQH\V LQ WKLV
situation, and each parties’ representatives may be under the belief that the
HWKLFDO UXOHV RI D SDUWLFXODUMXULVGLFWLRQ DSSO\ ZKHQ WKH\ PD\ EH VXEMHFWWR
WKH UXOHV RI D GLIIHUHQW MXULVGLFWLRQ  'LIIHUHQW HWKLFDO UXOHV FRXOG FDXVH
FRQIOLFW LQ VRPH RI WKH IROORZLQJ VLWXDWLRQV LQ LQWHUQDWLRQDO DUELWUDWLRQ
SUHSDUDWLRQRIZLWQHVVHVIRUWHVWLPRQ\WKHREOLJDWLRQWRSURGXFHGRFXPHQWV
H[SDUWH FRPPXQLFDWLRQV ZLWK DUELWUDWRUV DQG WKH SUHVHQWDWLRQ RI IDFWXDO
VWDWHPHQWVWRDUELWUDWLRQWULEXQDOV
7KH ODFN RI D GLUHFW UHJXODWRU\ ERG\ DQG GHILQHG VWDQGDUGV IRU
LQWHUQDWLRQDO DUELWUDWLRQ SURFHHGLQJV FUHDWHV D UHJXODWRU\ FRQIOLFW
5HFHQWO\LQDSRVVLEOHDWWHPSWWRVROYHWKLVSUREOHPE\SURYLGLQJFODULW\WR
DSSOLFDEOHHWKLFDOUHJXODWLRQVLQLQWHUQDWLRQDODUELWUDWLRQVWKH/RQGRQ&RXUW
RI ,QWHUQDWLRQDO $UELWUDWLRQ /&,$ SDVVHG D QHZ YHUVLRQ RI LWV $UELWUDWLRQ
5XOHVWKDWDUHDSSOLFDEOHWRDOODUELWUDWLRQSURFHHGLQJVFRQGXFWHGEHIRUHWKH
FRXUW  This version of the rules contains an Annex titled “General
Guidelines for the Parties’ Legal Representatives” (LCIA Guidelines), which
VHWVRXWUXOHVDOODWWRUQH\VZKRDSSHDUEHIRUHDQ/&,$DUELWUDOWULEXQDOPXVW
IROORZ  7KH /&,$ *XLGHOLQHV UHSUHVHQW WKH ILUVW DWWHPSW E\ DQ DUELWUDO
LQVWLWXWLRQ WR VHW RXW DQ HWKLFDO IUDPHZRUN IRU DWWRUQH\ FRQGXFW LQ
LQWHUQDWLRQDO DUELWUDWLRQV WDNLQJ SODFH EHIRUH D SDUWLFXODU WULEXQDO  7KH
SURYLVLRQV LQ WKH /&,$ *XLGHOLQHV VHW RXW YDULRXV VWDQGDUGV RI HWKLFDO
FRQGXFW WKDW DUH H[SHFWHG WR EH XSKHOG E\ DWWRUQH\V DQG HPSRZHUV /&,$
WULEXQDOV WR GHWHUPLQH ZKHQ WKH /&,$ *XLGHOLQHV DUH YLRODWHG DQG LVVXH


  ,G
  ,G
  ,GDW–
  &DWKHULQH$5RJHUV )LWDQG)XQFWLRQLQ/HJDO(WKLFV'HYHORSLQJD&RGHRI&RQGXFW
IRU,QWHUQDWLRQDO$UELWUDWLRQ0,&+-,17’//–
  -DQH:HVVHO  *RUGRQ0F$OOLVWHU 7KH([SHGLHQF\(WKLFVDQG([SUHVV3RZHUVRIWKH
'UDIW/&,$$UELWUDWLRQ5XOHV&52:(// 025,1* 0D\KWWSZZZFURZHOOFRP1H
ZV(YHQWV$OO7KH([SHGLHQF\(WKLFVDQG([SUHVV3RZHUVRIWKH'UDIW/&,$$UELWUDWLRQ5X
OHV
  6HH /&,$ $UELWUDWLRQ 5XOHV /&,$25* DW DQQH[ KWWSZZZOFLDRUJ'LVSXWHB5HVROXWL
RQB6HUYLFHVOFLDDUELWUDWLRQUXOHVDVS[>KHUHLQDIWHU/&,$5XOHV@
  :HVVHO 0F$OOLVWHUVXSUDQRWH

 *$-,17’/ &203/ >9RO

VSHFLILHG VDQFWLRQV IRU YLRODWLRQV DV ZHOO DV WDNH DQ\ RWKHU PHDVXUH
QHFHVVDU\WRPDLQWDLQWKHGXWLHVRIWKHDUELWUDOWULEXQDO
7KH SXUSRVH RI WKLV 1RWH LV WR DQDO\]H WKH HIIHFW RI WKH QHZ /&,$
*XLGHOLQHV RQ DWWRUQH\ FRQGXFW LQ LQWHUQDWLRQDO DUELWUDWLRQ DQG FULWLFDOO\
H[DPLQH ZKHWKHU WKH /&,$ *XLGHOLQHV ZLOO EH HIIHFWLYH LQ DWWHPSWLQJ WR
UHJXODWHHWKLFDOFRQGXFW,QVRGRLQJWKLV1RWHDLPVWRGHWHUPLQHZKHWKHURU
QRW WKH /&,$ *XLGHOLQHV VKRXOG EH XVHG DV D PRGHO IRU IXWXUH HWKLFDO
UHJXODWLRQV  3DUW ,, RI WKLV 1RWH ZLOO GLVFXVV WKH EDFNJURXQG DQG
GHYHORSPHQW RI LQWHUQDWLRQDO DUELWUDWLRQ DQG ZLOO H[DPLQH WKH FUHDWLRQ DQG
GHYHORSPHQW RI WKH HWKLFDO VWDQGDUGV RI FRQGXFW WKDW DWWRUQH\V DUELWUDWLQJ
EHIRUHWKH/&,$PXVWIROORZ3DUW,,,DQDO\]HVWKHVFRSHDQGHIIHFWRIWKH
/&,$ *XLGHOLQHV 6SHFLILFDOO\ WKLV 3DUW FRPSDUHV WKH /&$ *XLGHV WR WKH
DQRWKHU QRQELQGLQJ VHW RI JXLGHOLQHV WKDW SURSRVHV D VHW RI UHJXODWLRQV IRU
DWWRUQH\ FRQGXFW WKH ,%$ *XLGHOLQHV RQ 3DUW\ 5HSUHVHQWDWLRQ LQ
,QWHUQDWLRQDO $UELWUDWLRQV ,%$ *XLGHOLQHV ,Q VR GRLQJ 3DUW ,,, DLPV WR
GHWHUPLQH WKH XVHIXOQHVV RI WKH /&,$ *XLGHOLQHV DV D PRGHO IRU RWKHU
DUELWUDWLRQ LQVWLWXWLRQV DWWHPSWLQJ WR FUHDWH WKHLU RZQ FRQGXFW UHJXODWLRQV
$GGLWLRQDOO\3DUW,,,SURSRVHVDSRWHQWLDOPHWKRGIRUDUELWUDOLQVWLWXWLRQVWR
FUHDWH WKHLU RZQ VHW RI HWKLFDO UXOHV RQ DWWRUQH\ FRQGXFW E\ XWLOL]LQJ WKH
/&,$DQG,%$*XLGHOLQHVDVDPRGHO

,,%$&.*5281'

$'HYHORSPHQWRI,QWHUQDWLRQDO$UELWUDWLRQ

,QWHUQDWLRQDO DUELWUDWLRQ KDV EHHQ UHFRJQL]HG DV WKH QRUPDO PHWKRG RI
VHWWOLQJLQWHUQDWLRQDOFRPPHUFLDOGLVSXWHVsince the 1980’s7KLVPHWKRGRI
VHWWOLQJLQWHUQDWLRQDOGLVSXWHVKDVJURZQUDSLGO\VLQFHWKHHQGRI:RUOG:DU
,, GXH ODUJHO\ WR LQFUHDVHG LQWHUQDWLRQDO WUDGH DQG IRUHLJQ LQYHVWPHQW
3DUWLHV IURP GLIIHUHQW FRXQWULHV DJUHH WR XVH DUELWUDWLRQ LQ LQWHUQDWLRQDO
FRPPHUFLDO WUDQVDFWLRQV EHFDXVH WKH\ ZLVK WR DYRLG KDYLQJ WKHLU FDVH
GHWHUPLQHGLQDIRUHLJQMXGLFLDOIRUXP ZKLFKFRXOGGLVDGYDQWDJHDIRUHLJQ
SDUW\ZKRODFNVIDPLOLDULW\ZLWKWKHMXGLFLDOV\VWHPRIDQRWKHUFRXQWU\


  ,G
  : /DXUHQFH &UDLJ 6RPH 7UHQGV DQG 'HYHORSPHQWV LQ WKH /DZV DQG 3UDFWLFH RI
,QWHUQDWLRQDO&RPPHUFLDO$UELWUDWLRQ7(;,17’//-
  ,G
  ,GDW–

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

7KHUH DUH VHYHUDO ULVNV DVVRFLDWHG ZLWK UHVROYLQJ GLVSXWHV LQ WKH FRXUW
V\VWHPRIDIRUHLJQFRXQWU\)RUH[DPSOHDFRXUWMXGJPHQWIURPDIRUHLJQ
FRXQWU\ZLOOOLNHO\ EHVXEMHFWWRDSSHOODWHUHYLHZ7KLVPD\FDXVHXQGXH
GHOD\ LQ DFKLHYLQJ D ILQDO UHVXOW DQG WKH MXGJPHQW LWVHOI PD\ QRW EH
recognized by a party’s native country due to the absence of any multilateral
FRQYHQWLRQ WKDW UHFRJQL]HV MXGJPHQWV IURP IRUHLJQ MXULVGLFWLRQV  7KXV
UHVROYLQJ D GLVSXWHWKURXJK DUELWUDWLRQRIIHUV PRUH FHUWDLQW\ WKDW D GHFLVLRQ
will be upheld in a party’s home jurisdiction. 
7KH&RQYHQWLRQRQWKH5HFRJQLWLRQDQG(QIRUFHPHQWRI)RUHLJQ$UELWUDO
$ZDUGV DOVR NQRZQ DV WKH 1HZ <RUN &RQYHQWLRQ HQVXUHV WKDW DUELWUDWLRQ
DZDUGV UHQGHUHG LQ D IRUHLJQ FRXQWU\ ZLOO EH UHFRJQL]HG LQ WKH KRPH
FRXQWULHV RI WKH DUELWUDWLQJ SDUWLHV VR ORQJ DV WKHLU KRPH FRXQWULHV DUH
PHPEHUV RI WKH FRQYHQWLRQ  7KH 1HZ <RUN &RQYHQWLRQ DLPV WR SURYLGH
SDUWLHV ZLWK D FRPSHOOLQJ UHDVRQ WR DJUHH WR LQWHUQDWLRQDO DUELWUDWLRQ DV D
SULPDU\ PHWKRG RI UHVROYLQJ LQWHUQDWLRQDO FRPPHUFLDO GLVSXWHV E\ JLYLQJ
IRUHLJQDUELWUDWLRQDZDUGVWKHVDPHOHYHORIUHFRJQLWLRQDQG HQIRUFHPHQWDV
GRPHVWLFDZDUGV6LQFHQRLQWHUQDWLRQDOFRXUWIRUWKHUHVROXWLRQRISULYDWH
LQWHUQDWLRQDO GLVSXWHV H[LVWV DQG LQWHUQDWLRQDO DUELWUDWLRQ DZDUGV KDYH WKH
VDPH IRUFH RI ODZ DV GRPHVWLF DZDUGV XQGHU WKH 1HZ <RUN &RQYHQWLRQ
LQWHUQDWLRQDO FRPPHUFLDO DUELWUDWLRQ LV PRUH FRPPRQ WKDQ GRPHVWLF
FRPPHUFLDODUELWUDWLRQEHFDXVHLWSURYLGHVDQDZDUGWKDWLVHQIRUFHDEOHLQWKH
IRUHLJQFRXQWU\ZLWKZKLFKDSDUW\LVGHDOLQJ
,QDEURDGVHQVHLQWHUQDWLRQDODUELWUDWLRQSURFHHGLQJVFDQEHGLYLGHGLQWR
WZRW\SHVLQVWLWXWLRQDODQGDGKRF,QVWLWXWLRQDODUELWUDWLRQLVFRQGXFWHGE\
D VSHFLDOL]HG LQVWLWXWLRQWKDW DVVLVWV LQ DGPLQLVWHULQJ WKH DUELWUDWLRQ ZLWKLWV
RZQ VHW RI UXOHV WKDW SURYLGH D IUDPHZRUN IRU WKH SURFHHGLQJV   0DQ\
LQWHUQDWLRQDO LQVWLWXWLRQV KDYH EHHQ FUHDWHG IRU WKLV SXUSRVH LQFOXGLQJ WKH
,QWHUQDWLRQDO &KDPEHU RI &RPPHUFH ,&& DQG WKH /&,$  ,QVWLWXWLRQDO
DUELWUDWLRQRIIHUVVHYHUDODGYDQWDJHVLQFOXGLQJDVHWRISUHHVWDEOLVKHGUXOHV
DQG SURFHGXUHV H[SHULHQFHG LQVWLWXWLRQDO DUELWUDWRUV DYDLODEOH WR KDQGOH WKH

  6HHLG
  ,GDW
  ,G VHH DOVR &RQYHQWLRQ RQ WKH 5HFRJQLWLRQ DQG (QIRUFHPHQW RI )RUHLJQ $UELWUDO
$ZDUGV-XQH867>KHUHLQDIWHU1HZ<RUN&RQYHQWLRQ@
  1HZ<RUN&RQYHQWLRQVXSUDQRWHDUW
  &UDLJVXSUDQRWHDW
  Institutional vs. ‘ad hoc’ DUELWUDWLRQ 287/$: KWWSZZZRXWODZFRPHQWRSLFV
SURMHFWVFRQVWUXFWLRQLQWHUQDWLRQDODUELWUDWLRQLQVWLWXWLRQDOYVDGKRFDUELWUDWLRQ
  ,G
  ,G

 *$-,17’/ &203/ >9RO

FDVH DQG D IRUXP SURYLGHG E\ WKH LQVWLWXWLRQ LQ ZKLFK WR FRQGXFW WKH
DUELWUDWLRQ  2QH GLVDGYDQWDJH RI LQVWLWXWLRQDO DUELWUDWLRQ LV WKH IHH WKDW
LQVWLWXWLRQV FKDUJH WR DGPLQLVWHU WKH SURFHHGLQJV ZKLFK FDQ VRPHWLPHV
EHFRPHODUJHUWKDQWKHDFWXDODPRXQWLQGLVSXWH
$G KRF DUELWUDWLRQ LV QRW DGPLQLVWHUHG E\ DQ\ LQVWLWXWLRQ VR DOO PDWWHUV
UHODWLQJWRWKHDUELWUDWLRQDUHGHWHUPLQHGE\WKHSDUWLFLSDWLQJSDUWLHV7KLV
IRUPRIDUELWUDWLRQRIIHUVPRUHIOH[LELOLW\WRWKHSDUWLHVLQYROYHGDQGLVRIWHQ
IDVWHUDQGFKHDSHUWKDQLQVWLWXWLRQDODUELWUDWLRQ2QHRIWKHPRVWLPSRUWDQW
FRQYHQWLRQV UHODWLQJ WR WKH XVDJH RI DG KRF LQWHUQDWLRQDO DUELWUDWLRQ LV WKH
8QLWHG1DWLRQV&RPPLVVLRQRQ,QWHUQDWLRQDO7UDGH/DZ81&,75$/
DUELWUDWLRQ UXOHV  7KH 81&,75$/ 5XOHV DUH D VHW RI SURFHGXUDO UXOHV
FRYHULQJ DOO DVSHFWV RI WKH DUELWUDWLRQ SURFHVV WKDW SDUWLHV FDQ DJUHH WR XVH
ZKHQFRQGXFWLQJDGKRFLQWHUQDWLRQDOFRPPHUFLDODUELWUDWLRQV
7KH FRQWLQXHG XVH RI LQWHUQDWLRQDO DUELWUDWLRQ DV WKH SUHIHUUHG GLVSXWH
UHVROXWLRQ PHFKDQLVP EHWZHHQ SDUWLHV HQJDJHG LQ LQWHUQDWLRQDO FRPPHUFLDO
WUDQVDFWLRQV GHSHQGV XSRQ FRXQWULHV WKURXJKRXW WKH ZRUOG UHFRJQL]LQJ DQG
HQIRUFLQJ DUELWUDWLRQ DZDUGV  &RXQWULHV KDYH DQ HFRQRPLF LQWHUHVW LQ
HQVXULQJGLVSXWHVEHWZHHQSDUWLHVLQRWKHUVWDWHVDUHHIIHFWLYHO\UHVROYHGDQG
DUH WKHUHIRUH JHQHUDOO\ ZLOOLQJ WR UHOLQTXLVK FRQWURO RYHU LQWHUQDWLRQDO
DUELWUDWLRQ SURFHHGLQJV WR DUELWUDO LQVWLWXWLRQV WKDW DUH PRUH HIIHFWLYH DW
UHVROYLQJ LQWHUQDWLRQDO FRPPHUFLDO GLVSXWHV WKDQ QDWLRQDO FRXUW V\VWHPV
%\FHGLQJFRQWURORILQWHUQDWLRQDOGLVSXWHVWRDUELWUDOLQVWLWXWLRQVKRZHYHU
PDQ\FRXQWULHVKDYHDOVRUHOLQTXLVKHGFRQWURORYHUWKHUHJXODWLRQRIDWWRUQH\
FRQGXFW


  ,G
  ,G
  ,G
  ,G
  6HH$UELWUDWLRQ5XOHVRIWKH8QLWHG1DWLRQV&RPPLVVLRQRQ,QWHUQDWLRQDO7UDGH/DZDUW
 81 &RPP’Q RQ ,QW’O 7UDGH /DZ 81 *$25 VW 6HVV 6XSS 1R  81 'RF
$  DYDLODEOH DW KWWSZZZXQFLWUDORUJXQFLWUDOHQXQFLWUDOBWH[WVDUELWUDWLRQ
KWPO>KHUHLQDIWHU81&,75$/5XOHV@
  81&,75$/$UELWUDWLRQ5XOHV81 &200’121 ,17’/ 75$'( /$:KWWSZZZXQFLWUDO
RUJXQFLWUDOHQXQFLWUDOBWH[WVDUELWUDWLRQ$UELWUDWLRQBUXOHVKWPO
  &DWKHULQH $ 5RJHUV &RQWH[W DQG ,QVWLWXWLRQDO 6WUXFWXUH LQ $WWRUQH\ 5HJXODWLRQ
&RQVWUXFWLQJDQ(QIRUFHPHQW5HJLPHIRU,QWHUQDWLRQDO$UELWUDWLRQ67$1 - ,17’/ /

  ,GDW–

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

%(WKLFDO6WDQGDUGVLQ,QWHUQDWLRQDO$UELWUDWLRQ

$FFRUGLQJWR3URIHVVRU&DWKHULQH5RJHUV“international arbitration dwells

LQ DQ HWKLFDO QRman’s land.”  3URIHVVRU 5RJHUV PDGH WKLV VWDWHPHQW LQ
UHIHUHQFHWRKHUREVHUYDWLRQWKDWQRVXSUDQDWLRQDODXWKRULW\H[LVWVWRRYHUVHH
DWWRUQH\FRQGXFWLQLQWHUQDWLRQDODUELWUDWLRQSURFHHGLQJVDUELWUDOSDQHOVKDYH
QR SRZHU WR VDQFWLRQ DWWRUQH\V IRU FRQGXFW YLRODWLRQV DQG ORFDO EDU
DVVRFLDWLRQVUDUHO\H[DPLQHWKHVHW\SHVRIHWKLFDOGLVSXWHV7KHDEVHQFHRI
DQ\IRUPDOUHJXODWLRQIRUDWWRUQH\FRQGXFWOLNHO\GHYHORSHGEHFDXVHLPSOLFLW
XQGHUVWDQGLQJV DQG LQIRUPDO SHHU SUHVVXUH VXEVWLWXWHG IRU UHJXODWLRQ ZKHQ
LQWHUQDWLRQDO DUELWUDWLRQ ILUVW JDLQHG SRSXODULW\  )RU H[DPSOH 86
DWWRUQH\V XVHG WR HQJDJH LQ H[SDUWH FRPPXQLFDWLRQV ZLWK WKHLU SDUW\
DSSRLQWHG DUELWUDWRUV ZKHQ WKH\ ILUVW VWDUWHG SDUWLFLSDWLQJ LQ LQWHUQDWLRQDO
DUELWUDWLRQV  $OWKRXJK WKLV ZDV DQ DFFHSWDEOH SUDFWLFH LQ GRPHVWLF
DUELWUDWLRQ H[SDUWH FRPPXQLFDWLRQV DUH JHQHUDOO\ FRQVLGHUHG DEKRUUHQW LQ
WKH LQWHUQDWLRQDO DUELWUDWLRQ SURFHVV  (YHQWXDOO\ DQ HWKLFDO QRUP DJDLQVW
PRVWIRUPVRIH[SDUWHFRPPXQLFDWLRQHPHUJHGDQGLVQRZIROORZHGLQPRVW
FDVHV1RZWKDWDUELWUDWLRQLVWKHSUHIHUUHGPHWKRGRIGLVSXWHUHVROXWLRQLQ
LQWHUQDWLRQDOFRPPHUFLDOWUDQVDFWLRQVKRZHYHULQIRUPDOVRFLDOQRUPVDUHQR
ORQJHUVXIILFLHQWVRXUFHVRIJXLGDQFHIRUUXOHVRIHWKLFDODWWRUQH\FRQGXFW
6LQFH LQWHUQDWLRQDO DUELWUDWLRQ LV LQWHQWLRQDOO\ QRW DVVRFLDWHG ZLWK D
SDUWLFXODU VRYHUHLJQ state’s ODZ DQ REYLRXV VRXUFH RI ODZ IRU UHJXODWLQJ
SDUWLFLSDWLQJDWWRUQH\VLVQRQH[LVWHQW7KHKRVWVWDWHZKHUHWKHDUELWUDWLRQ
WDNHVSODFHLVQRWUHVSRQVLEOHIRUUHJXODWLQJIRUHLJQDWWRUQH\FRQGXFWDQGWKH
HWKLFDOUHJXODWLRQVIURPan attorney’s home state will likely not apply in an
LQWHUQDWLRQDODUELWUDWLRQ,IKRPHVWDWHUHJXODWLRQVZHUHWRDSSO\KRZHYHU
FRXQVHOIRUHDFKSDUW\ZRXOGEHERXQGE\GLIIHUHQWUHJXODWLRQVWKDWLPSRVH
GLIIHUHQW HWKLFDO REOLJDWLRQV  As a result, “DWWRUQH\V LQ DQ LQWHUQDWLRQDO
DUELWUDWLRQDUHHLWKHUHDFKDELGLQJE\GLIIHUHQWDQGRIWHQFRQIOLFWLQJQDWLRQDO



 5RJHUVVXSUDQRWHDW

 ,G
 ,GDW


  &DWKHULQH$5RJHUV/DZ\HUV:LWKRXW%RUGHUV83$-,17’//
 ,GDW–

 ,GDW

 5RJHUVVXSUDQRWHDW

 ,G

 ,G

 ,G


 *$-,17’/ &203/ >9RO

HWKLFDO UXOHV RU DUH HQJDJLQJ LQ D FRPSOHWHO\ XQUHJXODWHG HWKLFDO IUHHIRU
DOO.”
$ SUDFWLFDO H[DPSOH RI KRZ FRQIOLFWV FDQ DULVH IURP D ODFN RI FOHDUO\
GHILQHGVWDQGDUGVUHJXODWLQJDWWRUQH\FRQGXFWLQLQWHUQDWLRQDODUELWUDWLRQVLV
WKHH[WHQWWRZKLFKFRXQVHOPD\SUHSDUHZLWQHVVHVWRWHVWLI\LQLQWHUQDWLRQDO
DUELWUDWLRQ SURFHHGLQJV  ,Q PDQ\ FLYLO ODZ FRXQWULHV VXFK DV *HUPDQ\
ODZ\HUVDUHQRWDOORZHGWRFRPPXQLFDWHZLWKZLWQHVVHVLQDQ\IRUPSULRUWR
WULDOPXFKOHVVSUHSDUHWKHPIRUWHVWLPRQ\2QWKHRWKHUKDQGODZ\HUVLQ
WKH 8QLWHG 6WDWHV DUH H[SHFWHG WR FRPPXQLFDWH ZLWK ZLWQHVVHV DQG SUHSDUH
WKHP IRU WHVWLPRQ\ EHIRUH D WULDO  6LQFH HDFK VLde’s attorney is familiar
ZLWK DQG JRYHUQHG E\ D VHW RI HWKLFDO UXOHV DQG FXVWRPV IURP WKHLU RZQ
FRXQWULHV RSSRVLQJ DWWRUQH\V ZLOO HQWHU DQ LQWHUQDWLRQDO DUELWUDWLRQ ZLWK
GLIIHUHQWH[SHFWDWLRQVRQKRZPXFKWKH\FDQLQWHUDFWZLWKWKHLUZLWQHVVHV
7KH H[DPSOH DERYH KLJKOLJKWV WKH LPSRUWDQFH LQ GHWHUPLQLQJ ZKLFK
countries’ rules on attorney conduct will apply LQDQLQWHUQDWLRQDODUELWUDWLRQ
GLVSXWHV7KLVLVHVSHFLDOO\WUXHVLQFHHDFKMXULVGLFWLRQKDVDQLQWHUHVWLQWKH
HWKLFDOFRQGXFWRIWKHLUDWWRUQH\V2QHRSWLRQIRUGHFLGLQJZKLFKODZZLOO
DSSO\ LV WR DSSO\ WKH HWKLFDO UXOHV RI WKH MXULVGLFWLRQ ZKHUH WKH DWWRUQH\ LV
OLFHQVHG8QIRUWXQDWHO\WKLV RSWLRQLVSUREOHPDWLFEHFDXVHDWWRUQH\VZLOO
PRVWOLNHO\FRPHIURPGLIIHUHQWMXULVGLFWLRQVDQGH[SHFWWRIROORZGLIIHUHQW
VWDQGDUGV  $QRWKHU RSWLRQ LV WR DSSO\ WKH HWKLFDO UXOHV RI WKH MXULVGLFWLRQ
ZKHUH WKH DUELWUDWLRQ LV EHLQJ FRQGXFWHG 5HJUHWWDEO\ WKLV PD\ QRW EH
DSSURSULDWH IRU LQWHUQDWLRQDO DUELWUDWLRQ EHFDXVH QDWLRQDO HWKLFV UXOHV DUH
GHVLJQHGWRJRYHUQORFDOODZ\HUVLQORFDOGLVSXWHV$WKLUGDQGOLNHO\EHVW
RSWLRQ LV WR KDYH WKH DUELWUDWLRQ WULEXQDO VHW IRUWK WKH UXOHV IRU DWWRUQH\
FRQGXFWGXULQJWKHDUELWUDWLRQSURFHHGLQJV


  ,G
  0DWWKHZ 5XVKWRQ Ethics in International Arbitration: They’re Not Just for Lawyers
-$06 ,17’/ %/2*6HSWKWWSZZZMDPVLQWHUQDWLRQDOFRPEORJLQWHUQDWLRQDODUEL
WUDWLRQHWKLFVLQWHUQDWLRQDODUELWUDWLRQWKH\UHMXVWODZ\HUV
  %ULDQ&RRSHU(WKLFVIRU3DUW\5HSUHVHQWDWLYHVLQ,QWHUQDWLRQDO&RPPHUFLDO$UELWUDWLRQ
'HYHORSLQJD6WDQGDUGIRU:LWQHVV3UHSDUDWLRQ*(2-/(*$/(7+,&6
  ,G
  ,G
  0RVHVVXSUDQRWHDW
  ,G
  ,G
  ,G
  ,G
  ,G

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

,Q RUGHU WR EHVW UHVSRQG WR WKH GLIIHUHQW QHHGV RI GLIIHUHQW LQWHUQDWLRQDO
DUELWUDWLRQV PXOWLSOH LQVWLWXWLRQDO FRGHV RI HWKLFV PD\ EH SUHIHUDEOH WR D
VLQJOH XQLIRUP FRGH WKDW JRYHUQV DOO LQWHUQDWLRQDO DUELWUDWLRQV  $UELWUDO
LQVWLWXWLRQVDUHEHVWVXLWHGWRIRUPXODWHHWKLFDOUXOHVWKDWDUHFDOLEUDWHGWRWKH
VSHFLILF UXOHV WUDGLWLRQV DQG IHDWXUHV RI SDUWLFXODU DUELWUDWLRQ SURFHHGLQJV
WKH\RYHUVHH7KHVHLQVWLWXWLRQVKDYHVSHFLDOL]HGNQRZOHGJHRIWKHLURZQ
UXOHV DQG IXQFWLRQV DQG KDYH GLUHFW H[SHULHQFH LQ GHDOLQJ ZLWK WKH HWKLFDO
LVVXHV WKDW DULVH LQ WKHLU DUELWUDWLRQV  0RUHRYHU WKHVH LQVWLWXWLRQV KDYH D
ILQDQFLDO LQFHQWLYH WR FUHDWH UXOHV WKDW ZLOO HQVXUH WKH LQWHJULW\ RI WKH
DUELWUDWLRQV WKH\ FRQGXFW EHFDXVH WKH\ RIWHQ FRPSHWH ZLWK RQH DQRWKHU WR
DWWUDFWGLVSXWLQJSDUWLHV
,QWHUQDWLRQDO DUELWUDWLRQ LQVWLWXWLRQV WKDW GHFLGH WR FUHDWH D QHZ VHW RI
HWKLFDOVWDQGDUGVIRUDWWRUQH\FRQGXFWVKRXOGLQFRUSRUDWHVXFKVWDQGDUGVLQWR
WKHLUH[LVWLQJDUELWUDOUXOHV$VDUHVXOWZKHQSDUWLHVVXEPLWWKHLUGLVSXWHVWR
VXFKLQVWLWXWLRQVWKHHWKLFDOUXOHVZRXOGDXWRPDWLFDOO\DSSO\WRERWKSDUWLHVLQ
DQ\ JLYHQ GLVSXWH  )XUWKHUPRUH E\ LQFRUSRUDWLQJ HWKLFDO VWDQGDUGV LQWR
WKHLU H[LVWLQJ DUELWUDO UXOHV WKH DUELWUDWRUV WKHPVHOYHV ZRXOG EHFRPH WKH
HQIRUFHUV RI WKHVH UXOHV DQG ZRXOG WKHUHIRUH EH HPSRZHUHG WR VDQFWLRQ
DWWRUQH\VIRUDSSOLFDEOHPLVFRQGXFW
6HYHUDO LQWHUQDWLRQDO DUELWUDWLRQ LQVWLWXWLRQV LQFOXGLQJ WKH ,&& DQG WKH
$PHULFDQ $UELWUDWLRQ $VVRFLDWLRQ $$$ FXUUHQWO\ KDYH ZHOOGHILQHG
DUELWUDO UXOHV WR FRYHU LQWHUQDWLRQDO DUELWUDWLRQ SURFHHGLQJV  $QRWKHU
H[DPSOH RI LQVWLWXWLRQDO DUELWUDO HWKLFDO VWDQGDUGV LV WKH ,QWHUQDWLRQDO %DU
Association’s Guidelines on Party Representation in International


  5RJHUVVXSUDQRWHDW
  ,G
  ,G
  ,G
  ,GDW–
  ,G DW 6HH DOVR 0RVHV VXSUD QRWH, at 79 (“[A]UELWUDOLQVWLWXWLRQV DGRSW D FRGH RI
HWKLFVLQFRUSRUDWHLWLQWRWKHLUUXOHVDQGWKXVPDNHWKHFRGHELQGLQJDVDPDWWHURIWKHSDUWLHV

FRQVHQW.”); 5RJHUVVXSUDQRWHDWDUJXLQJLWLVQHFHVVDU\IRULQVWLWXWLRQDODUELWUDWRUV
WRKDYHWKHSRZHUWRUHJXODWHWKHFRQGXFWRIDWWRUQH\VLQLQWHUQDWLRQDODUELWUDWLRQVLQDGGLWLRQ
WRWKHSRZHUWRUHJXODWHWKHSURFHHGLQJVWKHPVHOYHV
  6HH,&&5XOHVRI$UELWUDWLRQ,17’/&+$0%(52)&200(5&(-DQKWWSZZZ
LFFZERRUJSURGXFWVDQGVHUYLFHVDUELWUDWLRQDQGDGUDUELWUDWLRQLFFUXOHVRIDUELWUDWLRQ
,QWHUQDWLRQDO'LVSXWH5HVROXWLRQ3URFHGXUHV$0(5,&$1 $5%,75$7,21 $66’1-XQH
KWWSVZZZDGURUJDDD6KRZ3URSHUW\"QRGH,G 8&0$'567*B UHYLVLRQ ODWHVWUHO
HDVHG

 *$-,17’/ &203/ >9RO

$UELWUDWLRQ  7KH ,%$ *XLGHOLQHV DWWHPSW WR DGGUHVV WKH LVVXHV WKDW DULVH
ZKHQ SDUWLHV DUH JRYHUQHG E\ FRQIOLFWLQJ HWKLFDO QRUPV DQG QRWH WKDW D
PHDQVWRVDQFWLRQFRXQVHOIRUHWKLFDOPLVFRQGXFWLVQHHGHG8QIRUWXQDWHO\
WKH ,%$ *XLGHOLQHV DUH QRW ELQGLQJ UXOHV WKDW JRYHUQ DOO DUELWUDWLRQ
,QVWHDG SDUWLHV WULEXQDOV DQG WKH LQVWLWXWLRQV LQYROYHG PXVW DJUHH WR WKH
OHYHORIDSSOLFDELOLW\RIWKHVHJXLGHOLQHV

&7KH/RQGRQ&RXUWRI,QWHUQDWLRQDO$UELWUDWLRQ

7KH /RQGRQ &RXUW RI ,QWHUQDWLRQDO $UELWUDWLRQ LV RQH RI WKH OHDGLQJ
LQVWLWXWLRQV LQ WKH ZRUOG IRU FRPPHUFLDO GLVSXWH UHVROXWLRQ SURYLGLQJ
IOH[LEOH HIILFLHQW DQG LPSDUWLDO DGPLQLVWUDWLRQ RI DUELWUDWLRQ DQG RWKHU
DOWHUQDWLYH GLVSXWH UHVROXWLRQ SURFHHGLQJV DYDLODEOH XQGHU DQ\ V\VWHP RI
ODZ  7KH /&,$ SURYLGHV DFFHVV WR H[SHULHQFHG DUELWUDWRUV IURP PDQ\
MXULVGLFWLRQVDQGDUHDVRIH[SHUWLVHLQDFRVWHIIHFWLYHPDQQHUDQGPDNHVLWV
GLVSXWH UHVROXWLRQ VHUYLFHV DYDLODEOH WR DOO FRQWUDFWLQJ SDUWLHV ZLWKRXW
UHTXLULQJPHPEHUVKLS7KH/&,$&RXUWLVPDGHXSRIWKLUW\ILYHPHPEHUV
ZKRDUHOHDGLQJSUDFWLWLRQHUVLQWKHILHOGRIFRPPHUFLDODUELWUDWLRQDQGFRPH
IURPGLIIHUHQWPDMRUWUDGLQJDUHDVRIWKHZRUOG7KHSULQFLSOHIXQFWLRQVRI
WKH /&,$ &RXUW LQFOXGH DSSRLQWLQJ WULEXQDOV GHWHUPLQLQJ FKDOOHQJHV WR
DUELWUDWRUV DQG FRQWUROOLQJ FRVWV ,Q  WKH /&,$ FRQGXFWHG 
GRPHVWLF DQG LQWHUQDWLRQDO DUELWUDWLRQV WKH KLJKHVW QXPEHU RI DUELWUDWLRQV
HYHUFRQGXFWHGE\WKLVLQVWLWXWLRQLQDJLYHQ\HDUDQGDOPRVWPRUHWKDQ
WKHSUHYLRXV\HDU2QO\DERXWRIWKH/&,$FDVHORDGFDPHIURP
SDUWLHVLQWKH8.ZKLFKVKRZVDVWURQJLQWHUQDWLRQDODVSHFWWRLWVDUELWUDWLRQ


  ,17’/ %$5 $66’1 ,%$ *8,'(/,1(6 21 3$57< 5(35(6(17$7,21 ,1 ,17(51$7,21$/
$5%,75$7,21  DYDLODEOH DW KWWSZZZLEDQHWRUJ3XEOLFDWLRQVSXEOLFDWLRQVB,%$BJXL
GHVBDQGBIUHHBPDWHULDOVDVS[>KHUHLQDIWHU,%$*8,'(/,1(6@
  3LHUUH%LHQYHQX 0LFKDHO.RWUO\([DPLQLQJ,%$*XLGHOLQHVRQ3DUW\5HSUHVHQWDWLRQ
LQ,QWHUQDWLRQDO$UELWUDWLRQ125721526()8/%5,*+71RYKWWSZZZQRUWRQURVHIXO
EULJKWFRPNQRZOHGJHSXEOLFDWLRQVH[DPLQLQJLEDJXLGHOLQHVRQSDUW\UHSUHVHQWDWLR
QLQLQWHUQDWLRQDODUELWUDWLRQ
  ,G
  ,G
  ,QWURGXFWLRQ/&,$KWWSZZZOFLDRUJ/&,$LQWURGXFWLRQDVS[
  ,G
  2UJDQLVDWLRQ/&,$KWWSZZZOFLDRUJ/&,$RUJDQLVDWLRQDVS[
  ,G
  )LUVW1HZ/&,$$UELWUDWLRQ5XOHVLQ2YHU<HDUV&RPH,QWR)RUFHLQ2FWREHU287
/$: -XO\   KWWSZZZRXWODZFRPHQDUWLFOHVMXO\ILUVWQHZOFLDDUELWUDWLRQ
UXOHVLQRYHU\HDUVFRPHLQWRIRUFHLQRFWREHU

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

SUDFWLFH DQG UHIOHFWV D JURZLQJ VKLIW WR XWLOL]LQJ DUELWUDWLRQ DV D PHWKRG RI
LQWHUQDWLRQDOGLVSXWHUHVROXWLRQ
3HUKDSVWKHPRVWLPSRUWDQWIXQFWLRQRIWKH/&,$&RXUWLVLWVUROHDVWKH
ILQDODXWKRULW\IRUSURSHUDSSOLFDWLRQRIWKH/&,$5XOHV7KH/&,$5XOHV
JRYHUQDOODUELWUDWLRQVFRQGXFWHGE\WKH/&,$DQGDUHXQLYHUVDOO\DSSOLFDEOH
WR DOO W\SHV RI GLVSXWHV VXEMHFW WR DUELWUDWLRQ LQFOXGLQJ FRQWUDFWV LQ DQ\
QXPEHU RI VXEMHFW DUHDV VXFK DV LQWHUQDWLRQDO FRPPHUFH RLO DQG JDV
H[SORUDWLRQ DQG EDQNLQJ DQG ILQDQFH  7KH /&,$ 5XOHV DLP WR SURYLGH
IOH[LELOLW\IRUSDUWLHVDQGWULEXQDOVWRDJUHHRQSURFHGXUDOPDWWHUVEHTXLFN
DQG HIILFLHQW LQ WKH DSSRLQWPHQW RI DUELWUDWRUV DQG UHGXFH GHOD\V DQG
GHOD\LQJ WDFWLFV  ,Q UHFRJQLWLRQ RI WKHVH JRDOV WKH /&,$ 5XOHV DOORZ
SDUWLHV WR DJUHH WKDW WKH VHDW RI DUELWUDWLRQ ZLOO EH LQ D ORFDWLRQ RI WKHLU
FKRRVLQJ/LNHZLVHKHDULQJV PD\EHKHOGLQDQ\FRQYHQLHQWORFDWLRQIRU
WKHSDUWLHVLUUHVSHFWLYHRIWKHFKRVHQVHDW
7KH/&,$UHFHQWO\HQDFWHGDQHZVHWRIGUDIWUXOHVWKDWFDPHLQWRHIIHFW
RQ2FWREHUUHSODFLQJDQGDPHQGLQJWKHFXUUHQWUXOHVWKDWJRYHUQHG
VLQFH-DQXDU\7KHQHZUXOHVDSSO\WRDQ\DUELWUDWLRQSURFHHGLQJV
FRPPHQFHGRQRUDIWHU2FWREHUZKLFKLVGHWHUPLQHGZKHQDUHTXHVW
LVUHFHLYHGE\WKH/&,$5HJLVWUDU2QHRIWKHPRVWVLJQLILFDQWFKDQJHVWR
WKHVH UXOHV LV WKH DGGLWLRQ RI DQ Dnnex containing “GeneraO *XLGHOLQHV IRU
Parties’ Legal Representatives” WKDWDSSHDUVWREHWKHILUVWDWWHPSWWRVHWRXW
DQ HWKLFDO IUDPHZRUN IRU UHJXODWLQJ DWWRUQH\ FRQGXFW LQ LQWHUQDWLRQDO
DUELWUDWLRQV DW DQ LQVWLWXWLRQDO OHYHO  7KLV DQQH[ EURDGO\ GHILQHV WKH
VWDQGDUGV RI HWKLFDO FRQGXFW DWWRUQH\V DSSHDULQJ EHIRUH WKH /&,$ DUH
H[SHFWHG WR IROORZ ,Q DGGLWLRQ WKHVH QHZ JXLGHOLQHV DSSO\ WR DOO OHJDO
UHSUHVHQWDWLYHV DSSHDULQJ EHIRUH DQ /&,$ WULEXQDO  7KH $QQH[ KDV EHHQ

  ,G
  /&,$ $UELWUDWLRQ /&,$ KWWSZZZOFLDRUJ'LVSXWHB5HVROXWLRQB6HUYLFHV/&,$B$UELW
UDWLRQDVS[
  ,G
  ,G
  ,G
  ,G
  /&,$5XOHVVXSUDQRWH
  6LPRQ 0RRUH HW DO 1HZ /&,$ $UELWUDWLRQ 5XOHV LQ )RUFH )URP  2FWREHU 
),(/'),6+(5 $XJ   KWWSZZZILHOGILVKHUFRPSXEOLFDWLRQVQHZOFLDDUELW
UDWLRQUXOHVLQIRUFHIURPRFWREHU
  :HVVHO 0F$OOLVWHUVXSUDQRWH
,G
  ,G -DPHV &DUWHU  -RDQQH -RQHV /&,$ 'UDIW 5XOHV  $GGUHVVLQJ (PHUJHQFLHV
(IILFLHQFLHVDQG(WKLFV,17’/ $5%,75$7,21 1(:6/(77(5-XQHKWWSZZZGODSLSH

 *$-,17’/ &203/ >9RO

PHW ZLWK PL[HG UHYLHZV VLQFH EHLQJ LQWURGXFHG ZLWK VRPH FULWLFV
FRPPHQGLQJ WKH HIIRUW DV D ZD\ WR VDIHJXDUG SURFHGXUDO IDLUQHVV ZKLOH
RWKHUVDUHXQVXUHRIWKHQHHGIRUVXFKJXLGHOLQHV
7KH$QQH[LVJLYHQIRUFHE\$UWLFOHDQGRIWKH/&,$5XOHV 
Article 18.5 states, “[e]ach party shall ensure that aOOLWVOHJDOUHSUHVHQWDWLYHV
DSSHDULQJE\QDPHEHIRUHWKH$UELWUDO7ULEXQDOKDYHDJUHHGWRFRPSO\ZLWK
WKHJHQHUDOJXLGHOLQHVFRQWDLQHGLQWKH$QQH[WRWKH/&,$5XOHV”$UWLFOH
 SURYLGHV DQ /&,$ 7ULEXQDO ZLWK WKH H[SUHVV SRZHU WR GHWHUPLQH
ZKHWKHU DQ\ RI WKH /&,$ *XLGHOLQHV KDYH EHHQ YLRODWHG E\ D QDPHG SDUW\
UHSUHVHQWDWLYH DQG WR VDQFWLRQ DWWRUQH\V IRU YLRODWLRQV RI WKH /&,$
*XLGHOLQHV  6DQFWLRQV WKDW PD\ EH RUGHUHG DJDLQVW D OHJDO UHSUHVHQWDWLYH
JXLOW\ RI D YLRODWLRQ LQFOXGH D ZULWWHQ UHSULPDQG D ZULWWHQ FDXWLRQ DV WR
IXWXUHFRQGXFWLQWKHDUELWUDWLRQDQGDQ\RWKHUPHDVXUHQHFHVVDU\WRIXOILOO
ZLWKLQ WKH DUELWUDWLRQ WKH JHQHUDO GXWLHV UHTXLUHG RI WKH $UELWUDO 7ULEXQDO
XQGHU$UWLFOHVLDQGLL
$FFRUGLQJ WR WKH WH[W RI WKH /&,$ 5XOHV WKH SXUSRVH RI WKH /&,$
Guidelines is “to promote WKH good and equal conduct of the parties’ legal
UHSUHVHQWDWLYHV DSSHDULQJ E\ QDPH ZLWKLQ the arbitration.”  7KH /&,$
*XLGHOLQHV SURKLELW OHJDO UHSUHVHQWDWLYHV IURP HQJDJLQJ LQ DFWLYLWLHV
LQWHQGHGXQIDLUO\WRREVWUXFWWKHDUELWUDWLRQRUMHRSDUGL]HWKHILQDOLW\RIDQ\
DZDUGNQRZLQJO\PDNLQJDQ\IDOVHVWDWHPHQWVWRWKH$UELWUDO7ULEXQDORU
WKH /&,$ &RXUW NQRZLQJO\ SURFXULQJ RU UHO\LQJ XSRQ IDOVH HYLGHQFH
NQRZLQJO\ FRQFHDOLQJ RU DVVLVWLQJ LQ WKH FRQFHDOPHQW RI DQ\ GRFXPHQW
ZKLFKLVRUGHUHGWREHSURGXFHGE\WKH$UELWUDO7ULEXQDODQGGHOLEHUDWHO\
LQLWLDWLQJRUDWWHPSWLQJWRLQLWLDWHXQLODWHUDOFRQWDFWZLWKDQ\PHPEHURIWKH
Arbitral Tribunal relating to the arbitration or the parties’ dispute.  7KHVH

UFRPHQHXURSHLQVLJKWVSXEOLFDWLRQVLQWHUQDWLRQDODUELWUDWLRQQHZVOHWWHUTOF
LDGUDIWUXOHV
  The LCIA’s New 2014 Arbitration Rules$//(1  29(5<$XJKWWSZZZDOOH
QRYHU\FRPSXEOLFDWLRQVHQJE3DJHV7KH/&,$V1HZ$UELWUDWLRQ5XOHVDVS[>KHUHLQDIWHU
1HZ5XOHV@0RRUHHWDOVXSUDQRWH
  6HH/&,$5XOHVVXSUDQRWH
  ,GDUW
  0RRUHHWDOVXSUDQRWH:HVVHO 0F$OOLVWHUVXSUDQRWH
  /&,$5XOHVVXSUDQRWHDUW
  ,GDQQH[ˆ
  ,GDQQH[ˆ
  ,GDQQH[ˆ
  ,GDQQH[ˆ
  ,GDQQH[ˆ
  ,GDQQH[ˆ

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

SURYLVLRQV RI WKH /&,$ 5XOHV DUH VLPLODU WR WKH ,%$ *XLGHOLQHV KRZHYHU
XQOLNHWKH,%$*XLGHOLQHVWKH/&,$Rules are binding on the parties’ legal
UHSUHVHQWDWLYHVXQGHU$UWLFOH
7KH/&,$LVWKHILUVWPDMRUDUELWUDOLQVWLWXWLRQWRFUHDWHELQGLQJUXOHVWKDW
UHJXODWH DWWRUQH\ FRQGXFW LQ LQWHUQDWLRQDO DUELWUDWLRQV  7KHVH JXLGHOLQHV
ZLOO KRSHIXOO\ VHUYH DV D FRPPRQ GHQRPLQDWRU LQ FLUFXPVWDQFHV ZKHUH
SDUWLHV FRPH IURP GLIIHUHQW FRXQWULHV ZLWK GLIIHUHQW REOLJDWLRQV LQ WKHLU
UHVSHFWLYH SURIHVVLRQDO FRGH  6LQFH WKH /&,$ *XLGHOLQHV DUH QRW RYHUO\
ORQJRUGHWDLOHGWKH\DUHHDVLHUIROORZDQGPRUHDFFHVVLEOHWRDWWRUQH\VIURP
PXOWLSOH GLIIHUHQW MXULVGLFWLRQV  $V VXFK WKHVH JXLGHOLQHV UHSUHVHQW DQ
HYROXWLRQDU\ VWHS LQ WKH GHYHORSPHQW RI D XQLIRUP FRGH RI HWKLFDO FRQGXFW
IRU DWWRUQH\V LQ LQWHUQDWLRQDO DUELWUDWLRQV ZKLFK PD\ LQVSLUH RWKHU
LQVWLWXWLRQVWRLQWURGXFHWKHLURZQFRGHRIFRQGXFWWRDGGUHVVWKLVLVVXH

,,,$1$/<6,6

7KH ODFN RI FOHDUO\ GHILQHG HWKLFDO VWDQGDUGV IRU DWWRUQH\ FRQGXFW LQ
LQWHUQDWLRQDO DUELWUDWLRQV OHDGV WR UHJXODWRU\ FRQIOLFWV WKDW FDQ FDXVH PDQ\
SUREOHPV7KH/&,$*XLGHOLQHVSURYLGHRQHSRVVLEOHVROXWLRQUHJXODWLRQ
DWDQLQVWLWXWLRQDOOHYHO7KLV3DUWDWWHPSWVWRGHWHUPLQHZKHWKHUWKH/&,$
*XLGHOLQHVUHSUHVHQWDVWDQGDUGIRURWKHULQVWLWXWLRQVWRPRGHOWKHLURZQVHW
RIUXOHVDIWHURUZKHWKHUWKHVHUHJXODWLRQVDUHPHUHO\DQLVRODWHGVROXWLRQWR
DODUJHUIDUWKHUUHDFKLQJSUREOHP:KLOHWKH/&,$*XLGHOLQHVDUHIRFXVHG
HQRXJKWRKHOSHIIHFWLYHO\UHJXODWHWKHFRQGXFWRIDWWRUQH\VDSSHDULQJEHIRUH
WKH /&,$ WKH\ FDQQRW EH ZLGHO\ DSSOLHG WR RWKHU DUELWUDO LQVWLWXWLRQV DQG
IRUXPV+RZHYHUWKHFUHDWLRQRIWKH/&,$*XLGHOLQHVPDNHVFOHDUWKDWWKH
LVVXH RI GLIIHULQJ VWDQGDUGV IRU DWWRUQH\ FRQGXFW FDQ EH D SUREOHP ZKHQ
FRQGXFWLQJLQWHUQDWLRQDODUELWUDWLRQ

  6HH1HZ5XOHVVXSUDQRWH/&,$5XOHVVXSUDQRWHDUW
  &DUWHU -RQHVVXSUDQRWH
  .KDOHG 0R\HHG  &ODUH 0RQWJRPHU\ Key Changes in the LCIA’s New Arbitration
5XOHV ./8:(5 $5%,75$7,21 %/2* $XJ   KWWSNOXZHUDUELWUDWLRQEORJFRPEORJ
NH\FKDQJHVLQWKHOFLDVQHZDUELWUDWLRQUXOHV
  6DSQD-KDQJLDQL .KDOHG0R\HHGHow Far Do the New LCIA Guidelines for Parties’
/HJDO 5HSUHVHQWDWLYHV DQG WKH ,%$ *XLGHOLQHV RQ 3DUW\ 5HSUHVHQWDWLRQ *R" ./8:(5
$5%,75$7,21 %/2* 0D\   KWWSNOXZHUDUELWUDWLRQEORJFRPEORJKRZ
IDUGRWKHQHZOFLDJXLGHOLQHVIRUSDUWLHVOHJDOUHSUHVHQWDWLYHVDQGWKHLEDJXLGHOLQHVRQSDU
W\UHSUHVHQWDWLRQJR
  ,G
  5RJHUVVXSUDQRWHDW
  :HVVHO 0F$OOLVWHUVXSUDQRWH

 *$-,17’/ &203/ >9RO

$$UHWKH/&,$*XLGHOLQHVWRR1DUURZ"

7KH /&,$ *XLGHOLQHV UHSUHVHQW WKH ILUVW DWWHPSW E\ DQ LQWHUQDWLRQDO
DUELWUDO LQVWLWXWLRQ WR VHW RXW ELQGLQJ UXOHV WKDW JRYHUQ DWWRUQH\ FRQGXFW
$VDVHWRIUXOHVWKDWDUHIRFXVHGRQUHJXODWLQJDWWRUQH\FRQGXFWLQDUELWUDWLRQ
SURFHHGLQJV EHIRUH WKH /&,$ LWVHOI KRZHYHU WKH *XLGHOLQHV PD\ QRW EH D
SURSHUPRGHOWRXVHLQGHYHORSLQJDQLQWHUQDWLRQDOFRGHIRUDWWRUQH\FRQGXFW
LQ LQWHUQDWLRQDO DUELWUDWLRQV  &RQVHTXHQWO\ LW ZLOO EH KHOSIXO WR GHWHUPLQH
ZKHWKHURUQRWWKH/&,$*XLGHOLQHVDUHWRRQDUURZLQVFRSH2QHZD\WKLV
PD\ EH GRQHLVE\ FRPSDULQJ WKH /&,$ *XLGHOLQHV WR WKH ,%$ *XLGHOLQHV
ZKLFKDWWHPSWWRHVWDEOLVKDXQLIRUPVWDQGDUGRIFRQGXFWWKDWJRYHUQVOHJDO
UHSUHVHQWDWLYHVLQLQWHUQDWLRQDODUELWUDWLRQV
7KH/&,$*XLGHOLQHVDQGWKH,%$*XLGHOLQHVKDYHVLPLODUSXUSRVHV7KH
VWDWHG SXUSRVH RI WKH /&,$ *XLGHOLQHV is to “promote the good and equal
conduct of the parties’ legal representatives appearing by name within the
DUELWUDWLRQ” 7KLV LPSOLHV WKDW DWWRUQH\V LQ /&,$ DUELWUDWLRQV ZLOO EH
VXEMHFWWRDJHQHUDOGXW\RIJRRGIDLWK ,QVLPLODUIDVKLRQWKHSUHDPEOHRI
the IBA Guidelines states that the IBA Guidelines are “inspired by the
SULQFLSOHWKDWSDUW\UHSUHVHQWDWLYHVVKRXOGDFWZLWKLQWHJULW\DQGKRQHVW\DQG
VKRXOG QRW HQJDJH LQ DFWLYLWLHV GHVLJQHG WR SURGXFH XQQHFHVVDU\ GHOD\ RU
expense.”7KXVERWKVHWVRIJXLGHOLQHVDSSHDUWRKDYHDVLPLODUSXUSRVH
LQHQVXULQJWKDWSDUW\UHSUHVHQWDWLYHVLQLQWHUQDWLRQDODUELWUDWLRQVDUHKHOGWR
WKHVDPHVWDQGDUGVRIFRQGXFWDQGDFWZLWKJRRGIDLWKGXULQJWKHDUELWUDWLRQ
6LJQLILFDQWO\ WKH WZR VHWV RI JXLGHOLQHV GLIIHU LQ WKHLU OHJDO IRUFH WKH
/&,$*XLGHOLQHVDUHELQGLQJRQDOOQDPHGUHSUHVHQWDWLYHVDVDSDUWRIHDFK
party’s agreement to arbitrate EHIRUH WKH /&,$ ,Q FRQWUDVW WKH ,%$
*XLGHOLQHV DUH PHUHO\ VXJJHVWLRQV WKDW SDUWLHV PD\ FKRRVH WR LQFRUSRUDWH
LQWRWKHLUDUELWUDWLRQFRQWUDFWVDQGDUHQRWELQGLQJDEVHQWDQDJUHHPHQWIURP
DOOSDUWLHVLQYROYHG
$QRWKHUQRWLFHDEOHGLIIHUHQFHEHWZHHQWKHWZRVHWVRIJXLGHOLQHVLVWKHLU
GLVSDULW\ LQ OHQJWK DQG EUHDGWK  7KH /&,$ *XLGHOLQHV FRQVLVW RI VHYHQ


  ,G
  6HH,%$*8,'(/,1(6VXSUDQRWH
  /&,$5XOHVVXSUDQRWHDQQH[ˆ
  ,%$*8,'(/,1(6VXSUDQRWHDWSPEO
  /&,$5XOHVVXSUDQRWHDUW
  ,%$*8,'(/,1(6VXSUDQRWHDWSPEO
  6HH/&,$5XOHVVXSUDQRWHDQQH[,%$*8,'(/,1(6VXSUDQRWH

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

SDUDJUDSKV ZLWK RQO\ ILYH FRQWDLQLQJ VXEVWDQWLYH JXLGHOLQHV  7KH ,%$

*XLGHOLQHV RQ WKH RWKHU KDQG FRQVLVW RI D SUHDPEOH GHILQLWLRQ VHFWLRQ
WZHQW\VHYHQ JXLGHOLQHV DQG D FRPPHQWV VHFWLRQ WKDW SURYLGHV IXUWKHU
FODULILFDWLRQ  $V GLVFXVVHG LQ WKH SUHYLRXV VHFWLRQ WKH /&,$ *XLGHOLQHV
FRYHU PDWWHUV VXFK DV PDNLQJ IDOVH VWDWHPHQWV WR WKH $UELWUDO 7ULEXQDO
UHSHDWHG FKDOOHQJHV WR DQ DUELWUDWRU DSSRLQWPHQW RU WKH MXULVGLFWLRQ RI WKH
$UELWUDO 7ULEXQDO SURFXULQJ RU UHO\LQJ RQ IDOVH HYLGHQFH RU NQRZLQJO\
FRQFHDOLQJ GRFXPHQWV  $OWKRXJK KHOSIXO LQ SURPRWLQJ WKH Guidelines’
VWDWHG SXUSRVH RI JRRG DQG HTXDO FRQGXFW RI SDUW\ UHSUHVHQWDWLYHV WKHVH
SURYLVLRQV DSSHDU VSHFLILFDOO\ WDLORUHG WR SURFHHGLQJV EHIRUH WKH /&,$ DQG
GR QRW FRYHU D ZLGH YDULHW\ RI SRWHQWLDO LVVXHV WKDW PD\ DULVH LQ RWKHU
LQWHUQDWLRQDODUELWUDWLRQV
7KH ,%$ *XLGHOLQHV JLYH PXFK EURDGHU FRYHUDJH WR D YDULHW\ RI WRSLFV
UHODWHGWRDWWRUQH\FRQGXFWLQLQWHUQDWLRQDODUELWUDWLRQV7KH,%$*XLGHOLQHV
FRQVLVWRIWZHQW\VHYHQJXLGHOLQHVWKDWLIDGRSWHGE\WKHSDUWLHVZLOOJRYHUQ
PXOWLSOH DVSHFWV RI DWWRUQH\ FRQGXFW  )RU H[DPSOH ,%$ *XLGHOLQHV –
GLVFXVVLVVXHVWKDWDULVHZKHQSDUWLHVVHOHFWLQGLYLGXDOVWRUHSUHVHQWWKHP
*XLGHOLQHV – DGGUHVV ZKHQ FRPPXQLFDWLRQV ZLWK DUELWUDWRUV DUH
DFFHSWDEOHDQG*XLGHOLQHV–FRQFHUQWKHLPSRUWDQWLVVXHRIDWWRUQH\
FRQGXFW LQ UHJDUG WR ZLWQHVVHV DQG H[SHUWV ERWK EHIRUH DQG DIWHU WKH
KHDULQJ  2WKHU WRSLFV FRYHUHG E\ WKH ,%$ *XLGHOLQHV LQFOXGH SDUW\
representatives’ duty of candor, information exchange and disclosure, and
UHPHGLHVIRUDWWRUQH\PLVFRQGXFW$VDUHVXOWWKH,%$*XLGHOLQHVFRYHUD
PXFK ODUJHU UDQJH RI LVVXHV UHODWLQJ WR DWWRUQH\ FRQGXFW WKDQ GR WKH /&,$
*XLGHOLQHVEXWWKH\UHIOHFWDVLPLODUSUHPLVHWKDWWKHUHVKRXOGEHVRPHVRUW
RI VDQFWLRQLQJ PHFKDQLVP WR GHWHU FRXQVHO PLVFRQGXFW LQ LQWHUQDWLRQDO
DUELWUDWLRQV ZKHUH WKHUH PD\ EH HWKLFDOO\ DPELJXRXV VWDQGDUGV IRU
FRQGXFW


  6HH/&,$5XOHVVXSUDQRWHDQQH[
  %LHQYHQX .RWUO\VXSUDQRWH
  6HH/&,$5XOHVVXSUDQRWHDQQH[
  6HH%LHQYHQX .RWUO\VXSUDQRWH
  ,%$*8,'(/,1(6VXSUDQRWHˆˆ–
  ,Gˆˆ–LQGLFDWLQJH[SDUWHFRPPXQLFDWLRQVZLWKDUELWUDWRUVDUHJHQHUDOO\SURKLELWHG
EXWFRPPXQLFDWLRQVDUHDOORZHGZKHQGLVFXVVLQJPDWWHUVXQUHODWHGWRWKHDUELWUDWLRQVXFKDV
FRQWDFWLQJDSURVSHFWLYHDUELWUDWRUWRGHWHUPLQHKLVRUKHUH[SHUWLVH
  6HHLGˆˆ–
  6HH%LHQYHQX .RWUO\VXSUDQRWH
  6HHLG

 *$-,17’/ &203/ >9RO

7KH /&,$ *XLGHOLQHV DOVR SURYLGH D JRRG VWDUWLQJ SRLQW IRU DGGUHVVLQJ
WKH FRPSOH[ LVVXH RI UHJXODWLQJ HWKLFDO FRQGXFW E\ SDUW\ UHSUHVHQWDWLYHV LQ
LQWHUQDWLRQDODUELWUDWLRQV%HFDXVHWKH\FRYHURQO\DIHZFRQGXFWLVVXHVDQG
DUH QRW YHU\ ORQJ RU GHWDLOHG WKH /&,$ *XLGHOLQHV DUH PRUH DFFHVVLEOH WR
SHRSOHIURPDYDULHW\RIMXULVGLFWLRQVDQGHDVLHUIRUWKRVHSHRSOHWRSURSHUO\
IROORZ  7KH OLPLWHG VFRSH RI WKH /&,$ *XLGHOLQHV PD\ EH YLHZHG DV D
SRVLWLYHFKDUDFWHULVWLFEHFDXVHLWDOORZVSDUWLHVWREHERXQGE\WKHQHZUXOHV
ZLWKRXWWRRPDQ\UHVWULFWLRQVRQFRQGXFWWKH\PD\ZDQWWRFRQWUDFWDURXQG
RU ZRXOG EH PRUH OLNHO\ WR YLRODWH  +RZHYHU WKH EUHYLW\ RI WKH /&,$
*XLGHOLQHV FRXOG EH LQWHUSUHWHG DV D VLJQ WKDW PLVFRQGXFW QRW VSHFLILFDOO\
PHQWLRQHGLQWKH/&,$*XLGHOLQHVFRXOGJRXQSXQLVKHG
7KLV SUREOHP LV DGGUHVVHG LQ SDUDJUDSK RQH RI WKH /&,$ *XLGHOLQHV
which states that the LCIA Guidelines shall not “derogate from any
PDQGDWRU\ODZVUXOHVRIODZSURIHVVLRQDOUXOHVRUFRGHVRIFRQGXFWLIDQGWR
WKHH[WHQWWKDWDQ\DUHVKRZQWRDSSO\WRDOHJDOUHSUHVHQWDWLYHDSSHDULQJLQ
the arbitration.”7KLVSURYLVLRQLQGLFDWHVWKDWSDUW\UHSUHVHQWDWLYHVLQWKH
DUELWUDWLRQ UHPDLQ VXEMHFW WR WKH HWKLFDO ODZV WKDW DSSO\ LQ WKHLU KRPH
MXULVGLFWLRQVDQGWKHUHIRUHFDQQRWYLRODWHWKRVHHWKLFDOSUHVFULSWLRQVVLPSO\
EHFDXVHWKRVH UXOHV DUH QRW VSHFLILFDOO\ PHQWLRQHGLQWKH /&,$ *XLGHOLQHV
,QDGGLWLRQWKHSURYLVLRQDOVRVHHPVWRLPSO\WKDWLIDFRQIOLFWEHWZHHQWKH
*XLGHOLQHV DQG D SUHH[LVWLQJ HWKLFDO UHJXODWLRQ RU ODZ DSSOLFDEOH WR DQ
DWWRUQH\DSSHDULQJEHIRUHWKH/&,$RFFXUVWKH/&,$*XLGHOLQHVZRXOGFHGH
DXWKRULW\WRWKHDSSOLFDEOHJRYHUQLQJERG\6LQFHWKHSDUDJUDSKVWDWHVWKH
Guidelines will not derogate from “any” other source of law, it appears as
WKRXJKWKHFRQGXFWUXOHVDQDWWRUQH\LVVXEMHFWWRLQKLVRUKHUKRPHVWDWHDV
ZHOODVWKHODZVRIWKHIRUXPVWDWHFRXOGGLVSODFHWKH/&,$*XLGHOLQHVLQD
FRQIOLFWVLWXDWLRQ
:KLOHWKHQHZ/&,$*XLGHOLQHVQRZSURYLGHELQGLQJFRQGXFWUHJXODWLRQV
RQ DWWRUQH\V DSSHDULQJ EHIRUH DQ /&,$ DUELWUDO WULEXQDO WKH\ UHPDLQ
compatible with and will not displace an attorney’s home state’s HWKLFDO
VWDQGDUGV ZKLFK FDQ SUHYHQW SRWHQWLDO VDQFWLRQV RQ DWWRUQH\V ZKR YLRODWH
H[LVWLQJHWKLFDOVWDQGDUGVLQRUGHUWRDGKHUHWRWKH/&,$*XLGHOLQHV%HLQJ
FRPSDWLEOH ZLWK H[LVWLQJ HWKLFDO VWDQGDUGV LV DQ LGHDO FKDUDFWHULVWLF IRU D
PRGHO VHW RI FRQGXFW UXOHV VR SDUDJUDSK RQH RI WKH /&,$ *XLGHOLQHV

  -KDQJLDQL 0R\HHGVXSUDQRWH
  ,G
  /&,$5XOHVVXSUDQRWHDQQH[ˆ
  6HHLG
  6HHLG

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

SURYLGHVDJRRGH[DPSOHIRURWKHUDUELWUDOLQVWLWXWLRQVWRXVHZKHQGUDIWLQJD
VLPLODUSURYLVLRQZKLFKLVLPSRUWDQWWRHQVXUHWKHLUJXLGHOLQHVGRQRWYLRODWH
DQ\H[LVWLQJHWKLFDOVWDQGDUGV
7KH GLVSDULW\ LQ VFRSH EHWZHHQ WKH WZR VHWV RI JXLGHOLQHV LV VLJQLILFDQW
EHFDXVHLWLOOXVWUDWHVWKDWWKH/&,$*XLGHOLQHVDUHPRUHQDUURZO\IRFXVHGRQ
WKH LVVXHV WKDW DUH OLNHO\ WR DULVH LQ DUELWUDWLRQV FRQGXFWHG ZLWKLQ WKH
LQVWLWXWLRQLWVHOI$VDUHVXOWWKH/&,$*XLGHOLQHVPD\QRWDSSO\DVHDVLO\DV
WKH ,%$ *XLGHOLQHV GR WR DGKRF LQWHUQDWLRQDO DUELWUDWLRQV RU DUELWUDWLRQV
FRQGXFWHG LQ RWKHU LQVWLWXWLRQV  0RUHRYHU VLQFH WKH ,%$ *XLGHOLQHV DUH
PXFK EURDGHU LQ FRYHUDJH DQG FRQFHUQ LVVXHV WKDW FRXOG DULVH LQ DQ\
LQWHUQDWLRQDO DUELWUDWLRQ SURFHHGLQJ WKH ,%$ *XLGHOLQHV SURYLGH D PRUH
FRPSOHWHVHWRIHWKLFDOVWDQGDUGVWKDWLVDEHWWHUPRGHOIRUSURSHUUHJXODWLRQ
RIDWWRUQH\FRQGXFWLQLQWHUQDWLRQDODUELWUDWLRQV

%7KH,QVWLWXWLRQDOYV8QLIRUP,QWHUQDWLRQDO$SSURDFK

2QH SRVVLEOH PHWKRG RI UHJXODWLQJ DWWRUQH\ FRQGXFW LQ LQWHUQDWLRQDO

DUELWUDWLRQV LQYROYHV SHUPLWWLQJ LQGLYLGXDO LQWHUQDWLRQDO DUELWUDO LQVWLWXWLRQV
WKHIUHHGRPWRFUHDWHDQGHQIRUFHWKHLURZQVHWRIUXOHVDQGUHJXODWLRQVIRU
DWWRUQH\FRQGXFW8QGHUWKLVLQVWLWXWLRQDODSSURDFKFRQGXFWUXOHVZRXOGEH
incorporated into the institution’s existing arbitral rulesWKHUHE\PDNLQJWKH
UXOHVDSDUWRIWKHFRQWUDFWVLJQHGZKHQWKHSDUWLHVDJUHHWRXVHWKHLQVWLWXWLRQ
IRUWKHLUDUELWUDWLRQ7KLVPHWKRG HQVXUHVWKHSDUWLHVUHFRJQL]HWKDWWKH\
ZLOOEHVXEMHFWWRUXOHVUHODWLQJWRWKHFRQGXFWRIWKHDWWRUQH\VUHSUHVHQWLQJ
WKHPDQGDOORZVSDUWLHVWRFRQWUDFWDURXQGWKHUXOHVDVWKH\VHHILWIRUWKHLU
DUELWUDWLRQ  7R HQVXUH WKLV PHWKRG ZRUNV WKH UXOHV PXVW QRW EH VHW LQ
VWRQHEXWLQVWHDGEHPRGLILDEOHGHIDXOWUXOHV3XWWLQJWKHSDUWLHVRQQRWLFH
WKDW WKHUH ZLOO EH ELQGLQJ HWKLFDO VWDQGDUGV IRU FRQGXFW WKDW WKHLU DWWRUQH\V
PXVW IROORZ PD\ SUHYHQW IXWXUH FRQIOLFWV VXFK DV EUHDFKHV RI HWKLFDO GXW\
DULVLQJGXULQJWKHDUELWUDWLRQ6LQFHWKHVHUXOHVLPSRVHVHSDUDWHFRQWUDFWXDO
REOLJDWLRQVEUHDFKLQJWKHFRQGXFWUXOHVZLOO JLYHULVHWRDGGLWLRQDOOLDELOLW\
RQWKHEUHDFKLQJSDUW\DQGPD\SURYLGHDQLQFHQWLYHIRUSDUWLHVWRFDUHIXOO\
DJUHHWRVSHFLILFFRQGXFWUXOHVEHIRUHWKHDUELWUDWLRQEHJLQV
9HVWLQJ UXOHPDNLQJ DXWKRULW\ LQ DUELWUDO LQVWLWXWLRQV LV QRW RQO\ WKH EHVW
ZD\ WR IRUP WKH PRVW FRPSHWHQW DQG VXLWDEOH VHW RI UXOHV EXW LV DOVR WKH

  5RJHUVVXSUDQRWHDW–
  ,GDW
  6HHLG
  6HHLG

 *$-,17’/ &203/ >9RO

PHWKRG WKDW LV PRVW FRQVLVWHQW ZLWK WKH VWUXFWXUDO SURSHUWLHV RI WKH
LQWHUQDWLRQDO DUELWUDWLRQ V\VWHP LWVHOI  $UELWUDO LQVWLWXWLRQV KDYH VXSHULRU
FRPSHWHQFHWRIRUPXODWHHWKLFDOUXOHVIRUDWWRUQH\FRQGXFWEHFDXVHWKH\KDYH
VSHFLDOL]HG NQRZOHGJH RI WKHLU RZQ UXOHV DQG KDYH WKH PRVW H[SHULHQFH LQ
GHDOLQJ ZLWK HWKLFDO LVVXHV WKDW DULVH GXULQJ LQWHUQDWLRQDO DUELWUDWLRQ
:KHQDUELWUDOLQVWLWXWLRQVGUDIWWKHLURZQVHWRIFRQGXFWUXOHVWKHLQVWLWXWLRQV
WKHPVHOYHVEHFRPHWKHSULPDU\HQIRUFHUVRIWKRVHUXOHVDQGZLOOEHDEOHWR
LPSRVHVDQFWLRQVIRUHWKLFDOYLRODWLRQV0RUHRYHULQVWLWXWLRQDODUELWUDWRUV
KDYHDUHSXWDWLRQDOVWDNHLQWKHLQWHJULW\RIWKHSURFHVVRIDUELWUDWLRQLQWKHLU
LQVWLWXWLRQ DQG DUH WKHUHIRUH WKH SDUW\ EHVW VXLWHG WR EH UHVSRQVLEOH IRU
HQIRUFLQJHWKLFDOVWDQGDUGV
&UHDWLQJ D VHW RI LQVWLWXWLRQDO UXOHV IRU DWWRUQH\ FRQGXFW PXVW EH GRQH
ZLWKFDXWLRQWRHQVXUHWKH\DUHSURSHUO\IROORZHG7KLVLQYROYHVHQVXULQJ
WKDW WKH UXOHV ELQG QRW RQO\ WKH SDUWLHV LQYROYHG LQ WKH DUELWUDWLRQ EXW WKH
DWWRUQH\VUHSUHVHQWLQJWKHSDUWLHVDVZHOO,QGHHGZLWKRXWDIXUWKHUSURYLVLRQ
LQ WKH HWKLFDO UXOHV binding parties’ representatives, DWWRUQH\V PD\ QRW EH
ERXQGE\WKHUXOHVDQGFDQQRWEHVDQFWLRQHGE\WKHDUELWUDOWULEXQDO2QH
ZD\WRPDNHDWWRUQH\VFRPSO\ZLWKWKHHWKLFDOUXOHVLVWRVSHFLILFDOO\SURYLGH
WKDW SDUWLHV PXVW HQVXUH WKHLU DWWRUQH\V DGKHUH WR WKH UXOHV RQ DWWRUQH\
FRQGXFW  7KH /&,$ FRQVLGHUHG WKLV LVVXH ZKHQ GUDIWLQJ WKH QHZ /&,$
*XLGHOLQHVDQGLQFRUSRUDWHGDUHTXLUHPHQWWRHQVXUHDWWRUQH\FRPSOLDQFH
$UWLFOHRIWKH/&,$5XOHVUHTXLUHVWKDWDOOQDPHGOHJDOUHSUHVHQWDWLYHV
RIDSDUW\KDYHDJUHHGWRFRPSO\ZLWKWKH/&,$*XLGHOLQHVDVDFRQGLWLRQRI
WKHLU UHSUHVHQWDWLRQ DQG UHTXLUHV WKH SDUWLHV WR UHSUHVHQW WKDW WKH\ KDYH
HQVXUHGFRPSOLDQFHZLWKWKHUXOHVIURPWKHLUOHJDOUHSUHVHQWDWLYHV
7KHLQVWLWXWLRQDODSSURDFKDSSHDUVWREHDQLGHDOPHWKRGIRUFUHDWLQJQHZ
VWDQGDUGVRIFRQGXFWIRUDWWRUQH\VLQLQWHUQDWLRQDODUELWUDWLRQV7KLVPHWKRG
DOORZV WKH LQVWLWXWLRQV WKDW FRQGXFW WKH DUELWUDWLRQV WR XVH WKHLU VXSHULRU
NQRZOHGJH RI ZKDW FRQGXFW YLRODWLRQV DUH OLNHO\ WR RFFXUWR FUHDWH D VHW RI
UXOHV WKDW ZLOO EHVW UHJXODWH ZKDW DWWRUQH\V PD\ RU PD\ QRW GR EDVHG XSRQ
LVVXHVWKDWDULVHGXULQJLQWHUQDWLRQDODUELWUDWLRQVWKHLQVWLWXWLRQKDVZLWQHVVHG

  ,GDW
  ,GDW
  ,GDW
  ,GDW
  6HHLGDW
  ,G
  ,G
  /&,$5XOHVVXSUDQRWHDUW
  ,G

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

ILUVWKDQG  &OHDUO\ WKH /&,$ OLNHO\ XWLOL]HG DQ DSSURDFK VLPLODU WR WKH
LQVWLWXWLRQDO DSSURDFK WR FUHDWH WKH QHZ *XLGHOLQHV  $V VKRZQ LQ WKH
SUHFHGLQJ VHFWLRQ WKH /&,$ *XLGHOLQHV DUH IRFXVHG RQ HWKLFDO LVVXHV WKDW
PD\ DULVH GXULQJ DUELWUDWLRQV EHIRUH WKH /&,$ DQG DOORZ WULEXQDOV WR LVVXH
VDQFWLRQV WKDW ZHUH GHWHUPLQHG WR EH DSSURSULDWH  7KH /&,$ *XLGHOLQHV
SURYLGH D JRRG VROXWLRQ WR WKH SUREOHP RI UHJXODWLQJ DWWRUQH\ FRQGXFW LQ
LQWHUQDWLRQDO DUELWUDWLRQV EXW WKH\ GR QRW HQWLUHO\ VROYH WKH SUREOHP VLQFH
WKH\ RQO\ DSSO\ WR DUELWUDWLRQV ZLWKLQ RQH LQVWLWXWLRQ  :KLOH WKH /&,$
*XLGHOLQHV UHSUHVHQW D VWHS LQ WKH ULJKW GLUHFWLRQ IRU UHJXODWLQJ DWWRUQH\
FRQGXFWLQLQWHUQDWLRQDODUELWUDWLRQVWKHLUQDUURZIRFXVHGPDNHLWGLIILFXOWWR
IRU RWKHU LQVWLWXWLRQV WR XVH WKH *XLGHOLQHV DV D PRGHO ZKHQ DWWHPSWLQJ WR
draft their own set of rules on party representatives’ conduct. 
6RPHKDYHEHHQFULWLFDORIWKHLQVWLWXWLRQDODSSURDFKDUJXLQJLWSULYDWL]HV
HWKLFDOUXOHPDNLQJZKLFKWDNHVWKHSRZHUWRUHJXODWHDWWRUQH\FRQGXFWDZD\
IURPWKHFRXQWULHVLQZKLFKWKHDUELWUDWLRQLVWDNLQJSODFH$QDOWHUQDWLYH
WRWKHLQVWLWXWLRQDODSSURDFKZRXOGEHWRFUHDWHDXQLIRUPLQWHUQDWLRQDOFRGH
RIHWKLFDOUHJXODWLRQVIRUDWWRUQH\FRQGXFW—VLPLODUWRWKH,%$*XLGHOLQHV—
WKDWZRXOGEHELQGLQJRQDOOFRXQWULHVWKDWDFFHSWHGWKHFRGH 2QHZD\WR
DFFRPSOLVKWKLVZRXOGEHWKURXJKWKHFUHDWLRQRIDWUHDW\WKDWHVWDEOLVKHVD
ELQGLQJ VHW RI HWKLFDO VWDQGDUGV RI FRQGXFW DSSOLFDEOH WR DWWRUQH\V IURP DOO
FRXQWULHV WKDW DUH D SDUW\ WR WKH WUHDW\  +RZHYHU XVLQJ D WUHDW\ KDV
SRWHQWLDOGUDZEDFNVLQFOXGLQJWKHSRVVLELOLW\WKDWPDQ\FRXQWULHVZRXOGEH
UHOXFWDQWWRDJUHHWREHFRPHSDUW\WRDWUHDW\RQDWWRUQH\FRQGXFW
$QRWKHU SUREOHP ZLWK FUHDWLQJ D XQLIRUP LQWHUQDWLRQDO FRGH RI DWWRUQH\
FRQGXFWOLHVZLWKWKHULJLGLW\RIVXFKDFRGH+DYLQJDGHILQHGVHWRIUXOHV
HVWDEOLVKHGE\DWUHDW\PDNHVLWGLIILFXOWWRWDLORUWKHHWKLFDOUXOHVWRUHVSRQG
WRWKHSURFHGXUDOQHHGVRIWKHSDUWLHVLQYROYHGDQGWKHLQVWLWXWLRQVZKHUHWKH
DUELWUDWLRQ PD\ WDNH SODFH  )RUFLQJ SDUW\ UHSUHVHQWDWLYHV WR IROORZ D
SUHGHWHUPLQHG VHW RI FRQGXFW UXOHV WKDW PD\ QRW ILW ZLWK WKH VWDQGDUG
SURFHGXUHVRIDQDUELWUDOLQVWLWXWLRQRUDUHFRQWUDU\WRWKHHWKLFDOSURFHGXUHV
RIWKHKRVWQDWLRQPD\EH FRXQWHUSURGXFWLYHWRWKHDUELWUDWLRQDQGLQWHUIHUH

  5RJHUVVXSUDQRWHDW
  6HHJHQHUDOO\-KDQJLDQL 0R\HHGVXSUDQRWH
  6HH5RJHUVVXSUDQRWHDW
  6HHLGDW
  ,G
  6HH6WHYHQ56DOEX/DZDQG&RQIRUPLW\(WKLFVDQG&RQIOLFW7KH7URXEOHZLWK/DZ
%DVHG &RQFHSWLRQV RI (WKLFV  ,1' /-    GLVFXVVLQJ WKH SRVLWLYH DQG
QHJDWLYHDVSHFWVRIDGHILQLWLYHFRGHRIDWWRUQH\HWKLFV
  ,G

 *$-,17’/ &203/ >9RO

with the arbitrator’s role.$XQLIRUPFRGHRIHWKLFDOFRQGXFWIRUDWWRUQH\V

LQ LQWHUQDWLRQDO DUELWUDWLRQV DOVR PD\ GLYHUJH IURP WKH VWDQGDUGV RI
SURIHVVLRQDOFRQGXFWLQWKHFRXQWU\ZKHUHWKHDUELWUDWLRQLVORFDWHGDQGRQH
RU ERWK RI WKH MXULVGLFWLRQV ZKHUH WKH ODZ\HUV UHSUHVHQWLQJ WKH SDUWLHV DUH
OLFHQVHG7KLVLVDVWURQJDUJXPHQWIRUZK\DWUHDW\EDVHGFRGHRIHWKLFV
PD\ QRW EH WKH SURSHU IRUP RI UHJXODWLRQ EHFDXVH LI WKH FRGH VHWV RXW
VWDQGDUGV WKDW DUH QRW FRQVLVWHQW ZLWK JHQHUDO VWDWH SUDFWLFH UHJDUGLQJ
DUELWUDWLRQV VWDWHV ZLOO EH OHVV OLNHO\ WR UDWLI\ WKH WUHDW\ DQG DJUHH WR EH
ERXQGE\WKHFRGH
$QRWKHU FRQFHUQ ZLWK DWWHPSWLQJ WR FUHDWH DQ LQWHUQDWLRQDO FRGH RI
FRQGXFWE\WUHDW\LVWKDWWKHFUHDWLRQRIWKHUXOHVLVWDNHQRXWRIWKHKDQGVRI
WKHLQVWLWXWLRQVWKHPVHOYHVZKRDUHIDPLOLDUZLWKWKHLURZQSURFHGXUHVDQG
SODFHV SRZHU in the hands of “lawyerbureaucrats.”  7KH OLNHO\ UHVXOW
ZRXOG EH WKH FUHDWLRQ RI UXOHV WKDW FRPSURPLVH HIIHFWLYHQHVV WR
DFFRPPRGDWHYDULRXVQDWLRQDOLQWHUHVWV0RUHRYHUVXFKDV\VWHPZRXOG
OLNHO\ FROOHFWLYHO\ XQGHUPLQH WKH UDWLRQDOLW\ RI WKH ZKROH E\ FUHDWLQJ UXOHV
WKDW PD\ QRW DFWXDOO\ EH VXLWDEOH WR WKH LQWHUQDWLRQDO DUELWUDWLRQ V\VWHP DW
DOO  If the rules are created by “lawyerbureaucrats” who are more
FRQFHUQHGZLWKSROLF\WKDQZLWKLQWHUQDWLRQDOUHDOLW\WKHUHVXOWLQJUXOHVPD\
QRWILWZLWKLQWKHFRQFHSWXDOIUDPHZRUNRILQWHUQDWLRQDODUELWUDWLRQDQGPD\
EHLQHIIHFWLYHDWVROYLQJWKHSUREOHPWKH\DUHLQWHQGHGWRVROYH1DWLRQDO
EDU DVVRFLDWLRQV ZKLFK DUH QRUPDOO\ WDVNHG ZLWK HQIRUFHPHQW RI HWKLFDO
FRQGXFWKDYHHVVHQWLDOO\DEGLFDWHGUHVSRQVLELOLW\IRUUHJXODWLQJDWWRUQH\VLQ
LQWHUQDWLRQDO DUELWUDWLRQV SRVVLEO\ EHFDXVH WKH\ UHFRJQL]H WKDW WKH\ FDQQRW
HIIHFWLYHO\ UHJXODWH H[WUDWHUULWRULDO FRQGXFW RILQWHUQDWLRQDO DGYRFDWHV  ,I
WKH UXOHV IRU DWWRUQH\ FRQGXFW FDPH IURP D WUHDW\ VRXUFH WKHUH PD\ EH DQ
LVVXHZLWKHQIRUFHPHQWRIWKHUXOHVDQGDQHIIHFWLYHHQIRUFHPHQWPHFKDQLVP
LVUHTXLUHGXQGHUWKLVPHWKRGIRUWKHFRQGXFWUXOHVWRKDYHDQ\OHJDOIRUFH
,QWHUQDWLRQDO DUELWUDWLRQ LV QRW XVXDOO\ JRYHUQHG E\ DQ\ IRUXPVWDWH
GLVFLSOLQDU\ V\VWHP DQG VWDWH LQWHUYHQWLRQ LV UDUH LQ DUELWUDWLRQV WKDW WDNH

  ,GDW
  5LFKDUG 0 0RVN $WWRUQH\ (WKLFV LQ ,QWHUQDWLRQDO $UELWUDWLRQ 38%/,&,67 0D\ 
 KWWSEMLOW\SHSDGFRPSXEOLFLVWDWWRUQH\HWKLFVLQLQWHUQDWLRQDODUELWUDWLRQ
KWPO
  5RJHUVVXSUDQRWHDW
  ,G
  ,G
  6HHLG
  ,GDW
  6HHLGDW–

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

SODFH ZKHUH WKH DWWRUQH\ LV OLFHQVHG  $Q LQWHUQDWLRQDO FRGH RQ DWWRUQH\
FRQGXFW PLJKW QRW EH HQIRUFHG E\ ORFDO LQVWLWXWLRQV WKDW HQIRUFH WKHLU RZQ
ORFDO HWKLFDO UXOHV LI FRQIOLFWV H[LVW EHWZHHQ WKH JHQHUDO VWDWH SUDFWLFHV DQG
ZKDWLVUHTXLUHGE\WKHFRGH:LWKRXWDQHIIHFWLYHHQIRUFHPHQWPHFKDQLVP
WKDW LV DEOH WR LVVXH VDQFWLRQV IRU PLVFRQGXFW WKDW FOHDUO\ GHILQHV ZKHQ WKH
LQWHUQDWLRQDO UXOHV ZLOO EH DSSOLHG DQG ZKHQ WKH VWDWH HWKLFDO UXOHV ZLOO
prevail, an international code would be “unwieldy and ineffectual in
UHJXODWLQg counsel” and will not have a strong effect on attorney
PLVFRQGXFW
2QHSRVVLEOHRSWLRQWRUHVROYHWKHLVVXHVRIZKRZLOOFUHDWHDQGHQIRUFH
DQLQWHUQDWLRQDOFRGHIRUDWWRUQH\FRQGXFWZRXOGEHWRPDNHWKHFRGHQRQ
ELQGLQJDQGMXVWDUHIHUHQFHWKHSDUWLHVFDQXVHZKHQGUDIWLQJWKHLUFRQWUDFWV
VLPLODU WR WKH ZD\ WKH ,%$ *XLGHOLQHV IXQFWLRQ  $ FRGH WKDW IXQFWLRQV
PHUHO\ DV D UHIHUHQFH ZRXOG DOORZ WKH SDUWLHV WR UHFRJQL]H VRPH RI WKH
HWKLFDO LVVXHV WKDW PD\ DULVH GXULQJ DQ LQWHUQDWLRQDO DUELWUDWLRQ DQG LQFOXGH
ZD\VWRDGGUHVVWKHVHSRWHQWLDOLVVXHVE\H[DPLQLQJKRZWKHFRGHSURSRVHV
WR VROYH WKH LVVXH DQG PRGLI\ WKRVH SURYLVLRQV DV WKH\ VHH ILW LQ WKHLU
FRQWUDFW  7KLV PHWKRG DSSHDUV WR EHWWHU FRQIRUP WR WKH SULQFLSOH WKDW
LQWHUQDWLRQDO DUELWUDWLRQ VKRXOG EH D IOH[LEOH GLVSXWH UHVROXWLRQ PHFKDQLVP
EDVHG RQ DQ DJUHHPHQW WR DUELWUDWH LQ JRRG IDLWK  +RZHYHU UHTXLULQJ
SDUWLHVWRDJUHHWRIROORZDVHWOLVWRIUXOHVRUVWDQGDUGVIRUDWWRUQH\FRQGXFW
LQLQWHUQDWLRQDODUELWUDWLRQVHYHUHO\OLPLWVWKHIOH[LELOLW\RIWKHSDUWLHVZKHQ
FRQWUDFWLQJ WR XWLOL]H DUELWUDWLRQ DV WKHLU SUHIHUUHG PHWKRG RI GLVSXWH
UHVROXWLRQ VLQFH LW PD\ IRUFH SDUWLHV WR XVH SURFHGXUHV WKH\ DUH HQWLUHO\
XQIDPLOLDUZLWKDQGKDYHQHYHUKDGWRXVHLQWKHLUKRPHMXULVGLFWLRQRUZRXOG
QRWH[SHFWWRXVHLQWKHLQVWLWXWLRQZKHUHWKHDUELWUDWLRQLVWDNLQJSODFH
$Q LQWHUQDWLRQDO FRGH RI HWKLFV RU QHZ UHJXODWRU\ DXWKRULW\ WKDW PD\ EH
FUHDWHG WR HQIRUFH VXFK D FRGH LV QRW QHHGHG LQVWHDG WKH LQWHUQDWLRQDO
DUELWUDWLRQ FRPPXQLW\ QHHGV D IOH[LEOH VROXWLRQ WKDW LV FRQVLVWHQW ZLWK WKH
IRXQGDWLRQDO SULQFLSOH RI LQWHUQDWLRQDO DUELWUDWLRQ DJUHHLQJ WR E\SDVV WKH
FRXUW V\VWHP DQG DUELWUDWH LQ JRRG IDLWK  $UELWUDWLRQ WULEXQDOV DQG
LQVWLWXWLRQV DUH EHVW VXLWHG WR WDNH WKH LQLWLDWLYH LQ IRUPLQJ HWKLFDO UXOHV


  5REHUW : :DFKWHU (WKLFDO 6WDQGDUGV LQ ,QWHUQDWLRQDO $UELWUDWLRQ &RQVLGHULQJ
6ROXWLRQVWR/HYHOWKH3OD\LQJ)LHOG*(2-/(*$/(7+,&6
  6HH0RVNVXSUDQRWH
  6HH:DFKWHUVXSUDQRWHDW
  ,G
  6HHLGDW5RJHUVVXSUDQRWHDW–
  :DFKWHUVXSUDQRWHDW

 *$-,17’/ &203/ >9RO

EHFDXVHWKH\FDQFUHDWHDFRGHWKDWLVWDLORUHGWRWKHLUVSHFLILFQHHGVLQDZD\
WKDWDQLQWHUQDWLRQDOFRGHFDQQRW$OORZLQJSDUWLHVDQGLQVWLWXWLRQVWRSLFN
DQGFKRRVHZKLFKFRQGXFWSURYLVLRQVWKH\DJUHHWRIROORZZKHQDUELWUDWLRQLV
QHFHVVDU\SUHVHUYHVWKHJRDORIIOH[LELOLW\LQLQWHUQDWLRQDODUELWUDWLRQDQGZLOO
HQDEOH SDUWLHV WR XVH UXOHV WKDW WKH\ DUH PRVW FRPIRUWDEOH ZLWK DQG DOORZ
LQVWLWXWLRQV WR FUHDWH ELQGLQJ UXOHV ZKLFK DUH PRVW VXLWDEOH WR EH XVHG LQ
DUELWUDWLRQVFRQGXFWHGE\WKDWSDUWLFXODULQVWLWXWLRQ

&7KH+\EULG$SSURDFK

$ K\EULG DSSURDFK FRXOG IXQFWLRQ DV D PRGHO IRU RWKHU LQVWLWXWLRQV WR
DGDSWJXLGHOLQHVRQDWWRUQH\FRQGXFWVLPLODUWRWKHRQHVWKH/&,$UHFHQWO\
SDVVHG  7KLV K\EULG DSSURDFK ZRXOG EH DQ RIIVKRRW RI WKH LQVWLWXWLRQDO
DSSURDFKWKDWZRXOGYHVWUXOHPDNLQJSRZHUDQGHQIRUFHPHQWDXWKRULW\ZLWK
DUELWUDO LQVWLWXWLRQV DQG DOORZ WKHP WR XWLOL]H DQ LQWHUQDWLRQDO JXLGHOLQH RQ
HWKLFDO DWWRUQH\ FRQGXFW LQ DUELWUDWLRQV VXFK DV WKH ,%$ *XLGHOLQHV DV D
PRGHOWREDVHWKHLURZQUXOHVDIWHU ,QVWLWXWLRQVPD\FKRRVHWRDGRSWUXOHV
WKH\ IHHO ZRXOG ZRUN EHVW ZLWKLQ WKH FRQILQHV RI WKHLU HVWDEOLVKHG DUELWUDO
SURFHGXUHV RU VLPSO\ UHTXLUH DGKHUHQFH WR WKH ,%$ *XLGHOLQHV RU DQRWKHU
LQWHUQDWLRQDOFRGHLQRUGHUWRHQVXUHWKDWDWWRUQH\VDUHIROORZLQJVRPHIRUP
RI HWKLFDO FRQGXFW JXLGHOLQHV DQG DUH RQ QRWLFH RI ZKDW FRQGXFW JXLGHOLQHV
ZLOODSSO\7KLVPHWKRGZRXOGUHTXLUHWKDWVRPHVHWRIFRQGXFWJXLGHOLQHV
DUH XVHG LQ DOO LQVWLWXWLRQDO DUELWUDWLRQV DQG WKRVH JXLGHOLQHV ZRXOG EH
ELQGLQJ RQ WKH SDUWLHV DV SDUW RI WKHLU DJUHHPHQW WR DUELWUDWH ZLWK DQ
LQVWLWXWLRQWKDWIROORZVWKLVDSSURDFK
The LCIA Guidelines’ narrow focus on very specific types of
LPSHUPLVVLEOHFRQGXFWSUHYHQWVWKHLUVSHFLILFSURYLVLRQVIURPEHLQJDZLGHO\
DSSOLFDEOH VRXUFH IRU RWKHU LQVWLWXWLRQV WR PRGHO WKHLU RZQ SRWHQWLDO
UHJXODWRU\ FRGH RI FRQGXFW IRU LQWHUQDWLRQDO DUELWUDWLRQV RQ  7KH ,%$
*XLGHOLQHV RQ WKH RWKHU KDQG ZRXOG EH D EHWWHU VRXUFH RI JXLGHOLQHV RQ
DWWRUQH\ FRQGXFWIRU LQVWLWXWLRQVWR XVH ZKHQ FUHDWLQJ WKHLU RZQ FRGH DVDQ
DGGLWLRQWRWKHLUDUELWUDOUXOHV7KH,%$*XLGHOLQHVFRQVLVWRIVHYHQVHFWLRQV
ZLWKWZHQW\VHYHQWRWDOJXLGHOLQHVZKLFKSURYLGHDPRUHFRPSUHKHQVLYHOLVW
RI HWKLFDO FRQGXFW UHTXLUHPHQWV DQG LQFOXGH FRPPHQWV WKDW DVVLVW LQ
DSSO\LQJWKHJXLGHOLQHV%RWKVHWVRIJXLGHOLQHVFRYHUVLPLODUWRSLFVEXW
WKH,%$*XLGHOLQHVJRIXUWKHUDQGUHJXODWHFRQGXFWWKDWWKH/&,$RYHUORRNV


  6HHLG5RJHUVVXSUDQRWHDW
  -KDQJLDQL 0R\HHGVXSUDQRWH

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

VXFKDVFUHDWLQJDVSHFLILFSURKLELWLRQDJDLQVWH[SDUWHFRPPXQLFDWLRQVZLWK
DUELWUDWRUV XQOHVV FHUWDLQ H[FHSWLRQV H[LVW FRYHULQJ D ZLGH UDQJH RI
LQIRUPDWLRQ DQG GLVFORVXUH UHJXODWLRQV DQG UHJXODWLQJ PDQ\ WRSLFV
FRQFHUQLQJWKHXVHRIDQGFRPPXQLFDWLRQVZLWKZLWQHVVHV%RWKWKH/&,$
DQG,%$*XLGHOLQHVSURYLGHRSWLRQVIRUVDQFWLRQLQJDWWRUQH\VEXWDJDLQWKH
,%$*XLGHOLQHVSURYLGHDPRUHFRPSUHKHQVLYHOLVWRISRVVLEOHVDQFWLRQVDQG
IDFWRUV WR FRQVLGHU EHIRUHLVVXLQJ VDQFWLRQV IRU PLVFRQGXFW  $UWLFOH  RI
WKH,%$*XLGHOLQHVFRQWDLQVDVLPLODUSURYLVLRQWRWKH/&,$*XLGHOLQHVWKDW
SUHYHQWVWKH,%$*XLGHOLQHVIURPGLVSODFLQJDQ\HWKLFDOUXOHVWKDWDWWRUQH\V
PD\ EH VXEMHFW WR LQ WKHLU KRPH MXULVGLFWLRQ SUHHVWDEOLVKHG UXOHV RI WKH
DUELWUDO WULEXQDO RU SURYLVLRQVLQWKHDUELWUDWLRQ DJUHHPHQW 7KLV W\SHRI
SURYLVLRQ VXSSRUWV IOH[LELOLW\ LQDUELWUDWLRQ E\ DOORZLQJ WKH ,%$ *XLGHOLQHV
WR UHJXODWH FRQGXFW ZKHUH WKH\ DUH QHHGHG ZKLFK FDQ EH KHOSIXO WR
LQH[SHULHQFHGDWWRUQH\VZKRDUHQRWIDPLOLDUZLWKWKHVWDQGDUGVRIFRQGXFWLQ
LQWHUQDWLRQDO DUELWUDWLRQ DQG \LHOG WR VWULFWHU UHTXLUHPHQWV WKDW PD\ EH
DSSOLFDEOHWRWKHDWWRUQH\IURPKLVRUKHUKRPHMXULVGLFWLRQ$UWLFOHRI
WKH,%$*XLGHOLQHVSURYLGHVJXLGDQFHWRDWWRUQH\VZKHQVWULFWVHWVRIUXOHV
GRQRWDSSO\WRWKHPDQGZLOOQRWDSSO\KHDYLO\RUDWDOOWRDWWRUQH\VDOUHDG\
UHJXODWHGE\DVWULFWFRGHRIFRQGXFW7KHSURYLVLRQVLQSDUDJUDSKRIWKH
/&,$ *XLGHOLQHV DQG $UWLFOH  RI WKH ,%$ *XLGHOLQHV LQGLFDWH WR DUELWUDO
LQVWLWXWLRQV WKH LPSRUWDQFH RI IOH[LELOLW\ DQG WKH DELOLW\ WR \LHOG WR QDWLRQDO
HWKLFV FRGHV ZKLFK LV VRPHWKLQJ WR NHHS LQ PLQG ZKHQ FUHDWLQJ D VHW RI
FRQGXFWUXOHV
%RWK WKH ,%$ *XLGHOLQHV DQG WKH QHZ /&,$ 5XOHV FDQ EH XVHIXO LQ
VROYLQJ D FRQGXFW SUREOHP WKDW RFFXUUHG LQ PXOWLSOH DUELWUDWLRQ FDVHV
LQYROYLQJ WKH DGGLWLRQ RU FKDQJH RI FRXQVHO GXULQJ DQ DUELWUDWLRQ  7KH
+UYDWVND DQG 5RPSHWURO FDVHV GHDOW ZLWK WKH DGGLWLRQ RI FRXQVHO WR WKH
DUELWUDWLRQ ODWHU LQ WKH SURFHHGLQJV DQG ERWK UHDFKHG GLIIHUHQW UHVXOWV ZLWK
DGGLWLRQDO FRXQVHO LQ +UYDWVND EHLQJ GLVTXDOLILHG DQG WKH FRXQVHO LQ

  ,%$*8,'(/,1(6VXSUDQRWHDUWV–
  ,GDUWV–
  ,GDUWV–
  ,GDUWV–
  ,GDUW
  -KDQJLDQL 0R\HHGVXSUDQRWH
  ,GVHH,%$*8,'(/,1(6VXSUDQRWHDUW
  6HH/&,$5XOHVVXSUDQRWHDQQH[ˆ,%$*8,'(/,1(6VXSUDQRWHDUW
  6HH &\UXV %HQVRQ 7KH ,%$ *XLGHOLQHV RQ 3DUW\ 5HSUHVHQWDWLRQ $Q ,PSRUWDQW6WHS LQ
2YHUFRPLQJWKH7DERRRI(WKLFVLQ,QWHUQDWLRQDO$UELWUDWLRQ*,%621 '811$SU
KWWSZZZJLEVRQGXQQFRPSXEOLFDWLRQV'RFXPHQWV,%$*XLGHOLQHV3DUW\5HSSGI

 *$-,17’/ &203/ >9RO

5RPSHWUROEHLQJDOORZHGWRFRQWLQXHZLWKWKHUHSUHVHQWDWLRQ7KH/&,$
5XOHVDGGUHVVWKLVLVVXHLQWKHH[SDQGHG$UWLFOHRIWKHQHZUXOHVDQGQRW
the actual Guidelines on Parties’ Representatives.  $UWLFOH  UHTXLUHV DOO
DGGLWLRQV RU FKDQJHV WR OHJDO UHSUHVHQWDWLYHV WR EH JLYHQ LQ ZULWLQJ WR DOO
RWKHU SDUWLHV DQG WKH DUELWUDWLRQ WULEXQDO LWVHOI DQG WKH FKDQJHV RQO\ WDNH
HIIHFW LI WKH DUELWUDWLRQ WULEXQDO DSSURYHV LW  7KH DUELWUDO WULEXQDO FDQ
ZLWKKROG DSSURYDO RI DQ\ FKDQJH RU DGGLWLRQ WR FRXQVHO LI LW ZRXOG
FRPSURPLVH WKH FRPSRVLWLRQ RI WKH WULEXQDO RU WKH ILQDOLW\ RI DQ\ DZDUG
EDVHG RQ WKH FLUFXPVWDQFHV RI VXFK DGGLWLRQ RU FKDQJH LQ UHODWLRQ WR WKH
DUELWUDWLRQ SURFHHGLQJV  7KHVH FKDQJHV WR WKH /&,$ 5XOHV PDNH WKH
SRZHUV RI GLVTXDOLILFDWLRQ RI DGGLWLRQDO FRXQVHO H[SUHVV LQ WKH UXOHV DQG
SDUWLHV PXVW IROORZ WKH QHZ SURFHGXUHV XQOLNH LQ WKH +UYDWVND DQG
5RPSHWURO FDVHV ZKHUH WKH XVH RI LQKHUHQW SRZHU WR GLVTXDOLI\ KDG WR EH
GLVFXVVHGEHIRUHEHLQJXVHG
7KH,%$*XLGHOLQHVGHDOPRUHGLUHFWO\ZLWKWKHLVVXHVUDLVHGLQ+UYDWVND
DQG 5RPSHWURO E\ UHTXLULQJ SDUW\ UHSUHVHQWDWLYHV WR LGHQWLI\ WKHPVHOYHV DW
WKH HDUOLHVW RSSRUWXQLW\ DQG E\ JLYLQJ DUELWUDO WULEXQDOV WKH DELOLW\ WR
H[FOXGHDSDUW\UHSUHVHQWDWLYHLIDOORZLQJWKHUHSUHVHQWDWLRQZRXOGOHDGWRD
FRQIOLFW RI LQWHUHVW  ,I WKH SDUWLHV LQ +UYDWVND DQG 5RPSHWURO KDG
LQFRUSRUDWHGWKH,%$*XLGHOLQHVLQWRWKHLUDUELWUDWLRQDJUHHPHQWVWKHLVVXHV
WKDWDURVHZKHQDWWHPSWLQJWRDGGFRXQVHOODWHULQWKHDUELWUDWLRQZRXOGQRW
KDYHUHTXLUHGDUXOLQJ7KHSDUWLHVFRXOGKDYHIHOWPRUHVHFXUHNQRZLQJ
WKDWLPSURSHUFRXQVHOZRXOGEHH[FOXGHGLQWKHW\SHVRIFLUFXPVWDQFHVWKDW
DURVH LQ WKHVH FDVHV  7KH SURYLVLRQV RQ WKH H[FOXVLRQ RI DGGLWLRQDO RU
FKDQJHG FRXQVHO UHSUHVHQWV RQH H[DPSOH RI KRZ WKH /&,$ DQG ,%$
*XLGHOLQHV ZRXOG SUHYHQW D FRQIOLFW UHTXLULQJ DQ RUGHU E\ D WULEXQDO WR


  6HH+UYDWVND(OHNWURSULYUHGD''Y5HSXEOLFRI6ORYHQLD,&6,'&DVH1R$5%
2UGHU &RQFHUQLQJ WKH 3DUWLFLSDWLRQ RI D &RXQVHO 0D\   5RPSHWURO *URXS 19 Y
5RPDQLD,&6,'&DVH1R$5%'HFLVLRQRQWKH3DUWLFLSDWLRQRI&RXQVHO-DQ
  /&,$5XOHVVXSUDQRWHDUW
  ,GDUW
  0DUJDUHW0RVHV7KH*URZWKRI$UELWUDWRU3RZHUWR&RQWURO&RXQVHO&RQGXFW./8:(5
$5%,75$7,21 %/2*1RYKWWSNOXZHUDUELWUDWLRQEORJFRPEORJWKHJU
RZWKRIDUELWUDWRUSRZHUWRFRQWUROFRXQVHOFRQGXFW
  ,%$*8,'(/,1(6VXSUDQRWHDUW
  ,GDUWV–
  7RP&XPPLQV7KH,%$*XLGHOLQHVRQ3DUW\5HSUHVHQWDWLRQLQ,QWHUQDWLRQDO$UELWUDWLRQ
–/HYHOOLQJWKH3OD\LQJ)LHOG"$5%,17’/
  ,G

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

UHVROYHDQGVKRZVKRZXVHIXOKDYLQJDVHWRIELQGLQJJXLGHOLQHVRQDWWRUQH\
FRQGXFWFDQEH
$OWKRXJK WKH ,%$ *XLGHOLQHV DUH PRUH FRPSUHKHQVLYH WKDQ WKH /&,$
*XLGHOLQHV WKH\ DUH QRW ZLWKRXW GUDZEDFNV  2QH DVSHFW RI WKH ,%$
*XLGHOLQHV WKDW PD\ QHHG WR EH DOWHUHG EHIRUH ZLGHU DGRSWLRQ RI WKH
*XLGHOLQHV FRXOG RFFXU LQYROYHV WKH ODQJXDJH RI WKH FRQGXFW SURYLVLRQV LQ
WKH*XLGHOLQHV7KURXJKRXWWKH,%$*XLGHOLQHVWKHREOLJDWLRQVRISDUW\
representatives are qualified with the world “should” instead of the word
“shall.”  The use of the word “should” usually indicates a permissive
REOLJDWLRQ LQ PDQ\ FRGHV RI FRQGXFW ZKLOH WKH ZRUG “shall” signifies
PDQGDWRU\REOLJDWLRQVSince the IBA Guidelines define “misconduct” as
DEUHDFKRIWKH*XLGHOLQHVDQGSHUPLVVLYHREOLJDWLRQVFDQQRWEHEUHDFKHGLW
can be argued that the use of the word “should” to define attorney obligations
XQGHU WKe guidelines prevents an attorney from committing “misconduct”
XQGHUWKH *XLGHOLQHV  7RSUHYHQW DPELJXLW\ DQG JLYH WKH REOLJDWLRQV LQ
the IBA Guidelines greater force, the word “shall” must be used in the
ODQJXDJH RI SRWHQWLDO JXLGHOLQHV ZKHQVHWWLQJ RXW WKH PDQGDWRU\ SURYLVLRQV
WKDWDWWRUQH\VPXVWIROORZ
1RWDEO\LQGLYLGXDOSURYLVLRQVLQWKH/&,$*XLGHOLQHVUHJXODWLQJDWWRUQH\
conduct use the word “should” when identifying obligations that must be
IROORZHGHowever, Article 18.5 uses the word “shall” to make the LCIA
*XLGHOLQHVELQGLQJRQDOOSDUW\UHSUHVHQWDWLYHVDSSHDULQJEHIRUHWKHWULEXQDO
so the usage of “should” in the LCIA Guidelines does not PHDQWKDWWKH\DUH
SHUPLVVLYH REOLJDWLRQV  Using “shall” would strengthen the force of the
,%$ *XLGHOLQHV DQG LQGLFDWH WR DWWRUQH\V WKDW WKH\ PXVW DELGH E\ HDFK
SURYLVLRQ WR DYRLG HQJDJLQJ LQ PLVFRQGXFW DQG PXVW EH FRQVLGHUHG EHIRUH
WKH ,%$ *XLGHOLQHV FDQ EH DGDSWHG PRUH EURDGO\ RU XVHG DV D PRGHO IRU
DUELWUDOLQVWLWXWLRQVWRFUHDWHWKHLURZQFRQGXFWUXOHV
$QRWKHUFULWLFLVPRIWKH,%$*XLGHOLQHVLVWKDWWKH\IDLOWRDGGUHVVVHYHUDO
SRWHQWLDOO\ LPSRUWDQW LVVXHV  (YHQ WKRXJK WKH ,%$ *XLGHOLQHV FRYHU PRUH

  6HH6DP&KDGGHUWRQ$UELWUDWLRQ:KDW'RHVWKH)XWXUH+ROG",17’/ %$5 $66’1$SU
  KWWSZZZLEDQHWRUJ$UWLFOH'HWDLODVS["$UWLFOH8LG DIDGFHEG
IID
  %HQVRQVXSUDQRWHDW
  ,G
  ,G
  ,G
  ,G
  /&,$5XOHVVXSUDQRWHDQQH[
  ,GDUW

 *$-,17’/ &203/ >9RO

HWKLFDO WRSLFV WKDQ WKH /&,$ *XLGHOLQHV GR VHYHUDO QRWDEOH RPLVVLRQV
UHPDLQ)RUH[DPSOHWKH,%$*XLGHOLQHVGRQRWKDYHDVHFWLRQUHODWLQJWR
LPSURSHUO\ REWDLQHG HYLGHQFH RU GRFXPHQWV D SUREOHP WKDW LV QRW
XQFRPPRQ LQ LQWHUQDWLRQDO DUELWUDWLRQ SURFHHGLQJV  $ SURYLVLRQ UHODWLQJ
WR HYLGHQFH FRXOG SURYLGH JXLGDQFH WR WULEXQDOV LQ GHWHUPLQLQJ ZKDW WR GR
ZLWK LPSURSHUO\ REWDLQHG HYLGHQFH LQFOXGLQJ SURYLGLQJ WKH RSWLRQ WR
H[FOXGH WKH HYLGHQFH RU VDQFWLRQ WKH SDUW\ DWWHPSWLQJ WR UHO\ RQ VXFK
HYLGHQFH$QRWKHUQRWDEOHDEVHQFHLVDUHJXODWLRQRQWKHDGPLVVLELOLW\RI
VHWWOHPHQWQHJRWLDWLRQVZKLFKLVJHQHUDOO\FRQVLGHUHGWREHLQDGPLVVLEOHLQ
LQWHUQDWLRQDO DUELWUDWLRQV EXW WKH DEVHQFH RI D UHJXODWLRQ LQ WKH ,%$
*XLGHOLQHV OHDYHV WKH LVVXH XQUHVROYHG  $ SURYLVLRQ RQ VHWWOHPHQW
QHJRWLDWLRQVGHWDLOLQJZKHQWKH\FDQEHH[FKDQJHGZRXOGDVVLVWLQWKHJRRG
IDLWK VHWWOHPHQW RI DUELWUDWLRQ SURFHHGLQJV DQ RYHUDOO JRDO RI WKH ,%$
*XLGHOLQHV  :KLOH WKH ,%$ *XLGHOLQHV FRYHU PDQ\ LPSRUWDQW WRSLFV
UHODWLQJ WR HWKLFDO FRQGXFW LQ LQWHUQDWLRQDO DUELWUDWLRQV VHYHUDO LPSRUWDQW
WRSLFV DUH VWLOO DEVHQW IURP WKH FXUUHQW YHUVLRQ DQG PD\ ZDUUDQW LQFOXVLRQ
*LYLQJ JUHDWHU FRQVLGHUDWLRQ WR NH\ HWKLFDO WRSLFV PD\ DVVLVW DUELWUDO
LQVWLWXWLRQV ZKRVH VHOIFUHDWHG JXLGHOLQHV UHTXLUH SURYLVLRQV FRYHULQJ WKRVH
SDUWLFXODU DUHDV ZKHQ XVLQJ WKH ,%$ *XLGHOLQHV DV D PRGHO  6R WKH ,%$
*XLGHOLQHVPD\EHDJRRGVWDUWLQJSRLQWIRUDUELWUDOLQVWLWXWLRQVWRXVHZKHQ
IRUPLQJ WKHLU RZQ JXLGHOLQHV EXW PD\ QRW EH DQ DOOLQFOXVLYH VHW WKDW
LQVWLWXWLRQVFDQGLUHFWO\FRS\WRIRUPDVXIILFLHQWFRGHRIFRQGXFW
$QLPSRUWDQWIHDWXUHRIWKH/&,$*XLGHOLQHVWKDWLVDEVHQWIURPWKH,%$
Guidelines is a provision that states, “[e]ach party shall ensure that all its
OHJDO UHSUHVHQWDWLYHV DSSHDULQJ E\ QDPH EHIRUH WKH $UELWUDO 7ULEXQDO KDYH
DJUHHGWRFRPSO\ZLWKWKHJHQHUDOJXLGHOLQHVFRQWDLQHGLQWKH$QQH[WRWKH
LCIA Rules, as a condition of such representation,” which indicates the
ELQGLQJ QDWXUH RI WKH QHZ /&,$ *XLGHOLQHV RQ DOO DWWRUQH\V DSSHDULQJ E\
QDPHEHIRUHWKH/&,$7KH,%$*XLGHOLQHVFRQWDLQQRVLPLODUSURYLVLRQ
DQGWKHUHIRUHDUHYROXQWDU\DQGZLOORQO\DSSO\LIWKHSDUWLHVKDYHDJUHHGWR
EH JRYHUQHG E\ WKHP LQ ZKROH RU LQ SDUW  7KH RQO\ RWKHU WLPH WKH ,%$
Guidelines will bind parties’ representatives LVZKHQDQDUELWUDOWULEXQDOLWVHOI
DSSOLHVWKH*XLGHOLQHVWRWKHDWWRUQH\VSDUWLFLSDWLQJLQWKHDUELWUDWLRQZKLFK

  &XPPLQVVXSUDQRWHDW
  ,G
  ,G
  ,G
  /&,$5XOHVVXSUDQRWHDUW
  -KDQJLDQL 0R\HHGVXSUDQRWH

@ (7+,&6,1,17(51$7,21$/$5%,75$7,21 

WULEXQDOV KDYH WKH GLVFUHWLRQ WR GR XQGHU WKH ,%$ *XLGHOLQHV  $UELWUDO
WULEXQDOVPD\RQO\DSSO\WKH,%$*XLGHOLQHVWKURXJKWKHLURZQGLVFUHWLRQLI
WKH\GHWHUPLQHWKDWWKH\KDYHWKHDXWKRULW\WRGRVRZKLFKPD\KLQGHUWKH
XVHRIWKH*XLGHOLQHVEHFDXVHWULEXQDOVPD\EHFDXWLRXVDERXWDSSO\LQJWKH
*XLGHOLQHV ZKHQ SDUWLHV GLG QRW DJUHH WR WKHP  7KH EHWWHU RSWLRQ IRU
DUELWUDO LQVWLWXWLRQV FUDIWLQJ WKHLU RZQ VHW RI FRQGXFW UXOHV ZRXOG EH WR
LQFOXGHDSURYLVLRQWKDWELQGVDWWRUQH\VWRWKHUXOHVLQVWHDGRIDOORZLQJWKH
WULEXQDOWRDSSO\WKHUXOHVDWWKHLUGLVFUHWLRQ,IDQDUELWUDOLQVWLWXWLRQPRGHOV
WKHLU FRQGXFW UXOHV EDVHG RQ WKH ,%$ *XLGHOLQHV WKH\ QHHG WR LQFOXGH DQ
DGGLWLRQDODUWLFOHRUSDUDJUDSKVWDWLQJWKDWWKHLUUXOHVZLOO EHELQGLQJRQDOO
DWWRUQH\VDSSHDULQJLQWKHDUELWUDWLRQSURFHHGLQJVVLPLODUWRWKHSURYLVLRQLQ
WKH/&,$*XLGHOLQHVLQRUGHUIRUWKHQHZUXOHVWRKDYHPD[LPXPHIIHFW
$OVRDSURYLVLRQVKRXOGEHLQFOXGHGWRHQVXUHWKHLQVWLWXWLRQDOFRQGXFWUXOHV
ZLOO QRW GLVSODFH DQ\ ODZV RU HWKLFDO FRGHV DOUHDG\ ELQGLQJ RQ DWWRUQH\V
DSSHDULQJEHIRUHWKHWULEXQDOLQRUGHUWRDYRLGDUHJXODWRU\FRQIOLFWWKDWPD\
result in sanctions by an attorney’s home licensing body. %HFDXVHWKH\FRYHU
D EURDGHU UDQJH RI LVVXHV UHODWLQJ WR DWWRUQH\ FRQGXFW LQ LQWHUQDWLRQDO
DUELWUDWLRQVSURSRVHDQHIILFLHQWVDQFWLRQLQJPHFKDQLVPDQGGRQRWGLVSODFH
RWKHU HWKLFDO UXOHV DQG GXWLHV WKDW DWWRUQH\V PD\ EH VXEMHFW WR WKH ,%$
*XLGHOLQHV DUH WKH EHWWHU H[DPSOH IRU RWKHU DUELWUDO LQVWLWXWLRQV WR XVH DV D
PRGHOWRFUHDWHWKHLURZQELQGLQJJXLGHOLQHVRQDWWRUQH\FRQGXFWLQOLQHZLWK
DK\EULGDSSURDFKWRFRQGXFWUHJXODWLRQ

,9&21&/86,21

+DYLQJ D VHW RI JXLGHOLQHV WKDW ZLOO UHJXODWH DWWRUQH\ FRQGXFW LQ
LQWHUQDWLRQDO DUELWUDWLRQ LV LQFUHDVLQJO\ QHFHVVDU\  $UELWUDWLRQV PD\ EH
KLQGHUHGZKHQFRQIOLFWVH[LVWDVWKHUHVXOWRIDWWRUQH\VEDVLQJWKHLUFRQGXFW
RQ GLIIHUHQW HWKLFDO VWDQGDUGV  +DYLQJ HVWDEOLVKHG FRQGXFW UHJXODWLRQV ZLOO
SURPRWH PRUH HIILFLHQW DUELWUDWLRQV  7KHUH QHHGV WR EH D VHW RI JXLGHOLQHV
regulating conduct that will apply to both parties’ attorneys appearing before
DQ DUELWUDO WULEXQDO HTXDOO\  7KLV SUREOHP ZDV DGGUHVVHG LQ WKH /&,$
*XLGHOLQHVLQDZD\WKDWVKRXOGEHHIIHFWLYHIRU/&,$WULEXQDOVEXWQRWLQD
ZD\ WKDW ZRXOG EH XQLYHUVDOO\ DSSOLFDEOH WR RWKHU LQWHUQDWLRQDO DUELWUDWLRQ


  ,%$*8,'(/,1(6VXSUDQRWHDWSPEO
  0RVHVVXSUDQRWH
  6HH:DFKWHUVXSUDQRWHDW5RJHUVVXSUDQRWHDW

 *$-,17’/ &203/ >9RO

LQVWLWXWLRQV2WKHUDUELWUDWLRQLQVWLWXWLRQVDUHEHVWVXLWHGIRUGUDIWLQJDQG
HQIRUFLQJ UXOHV WKDW ZLOO DSSO\ WR DUELWUDWLRQV FRQGXFWHG EHIRUH WKHLU RZQ
LQGLYLGXDOWULEXQDOV7KH/&,$’sHIIRUWVWREHWKHILUVWWRFUHDWHELQGLQJUXOHV
RQFRQGXFWDUHFRPPHQGDEOHEXWWKHLUFRQGXFWUXOHVPLJKWQRWEHXVHIXOWR
RWKHULQVWLWXWLRQVZLWKGLIIHUHQWSURFHGXUHVDQGSROLFLHV7KH,%$*XLGHOLQHV
DSSHDUWREHWKHPRVWUHOHYDQWWRDJUHDWHUQXPEHURIDUELWUDOLQVWLWXWLRQVVR
RWKHU LQVWLWXWLRQV FDQ XVH WKHP DV D PRGHO ZKHQ FUHDWLQJ WKHLU RZQ VHW RI
FRQGXFW UXOHV  $ JRRG SUDFWLFH ZRXOG EH IRU LQWHUQDWLRQDO DUELWUDWLRQ
LQVWLWXWLRQV WR GUDIW QHZ FRQGXFW UHJXODWLRQV DQG LQFOXGH WKHP LQ WKHLU
H[LVWLQJDUELWUDOUXOHVSRVVLEO\DVDQDQQH[RUDVDPHQGPHQWV+RZHYHULI
WKH LQVWLWXWLRQV DUH XQZLOOLQJ RU XQDEOH WR GUDIW WKHLU RZQ UXOHV UHTXLULQJ
SDUWLHV WR DFFHSW WKH ,%$ *XLGHOLQHV DV ELQGLQJ RQ WKHLU DUELWUDWLRQV DV D
SURYLVLRQRIWKHDUELWUDWLRQDJUHHPHQWZLOOVHUYHDVLPLODUSXUSRVH7KLVZLOO
SXWWKHDWWRUQH\VLQYROYHGRQQRWLFHWKDWWKHUHZLOOEHVRPHIRUPRIHWKLFDO
FRQGXFWVWDQGDUGVH[SHFWHGRIWKHPLQWKHDUELWUDWLRQSURFHHGLQJVDQGVKRZ
SURJUHVVLQDWWHPSWLQJWRVROYHWKHSUREOHPRIFRQIOLFWLQJHWKLFDOUHJXODWLRQV
LQLQWHUQDWLRQDODUELWUDWLRQ
$V WKH ILUVW VHW RI ELQGLQJ UXOHV IRU DWWRUQH\ FRQGXFW LQ LQWHUQDWLRQDO
DUELWUDWLRQ WKH /&,$ *XLGHOLQHV KDYH HQXPHUDWHG LPSRUWDQW DVSHFWV RI
FRQGXFW WKDW QHHG UHJXODWLRQ 6LQFH WKH /&,$ *XLGHOLQHV DUH QDUURZO\
IRFXVHGRQ/&,$DUELWUDWLRQVDQGGRQRWFRYHUPDQ\LPSRUWDQWDUHDVFRYHUHG
E\ WKH ,%$ *XLGHOLQHV WKH\ ZLOO QRW EH DV HIIHFWLYH RI D PRGHO IRU RWKHU
LQVWLWXWLRQVDVWKH,%$*XLGHOLQHV7KH/&,$*XLGHOLQHVGRQRWUHSUHVHQWD
WRWDOZLGHO\DSSOLFDEOHVROXWLRQWRWKHSUREOHPRIHWKLFDOFRQGXFWUHJXODWLRQ
LQLQWHUQDWLRQDODUELWUDWLRQVEXWZLOOOLNHO\EHDQHIIHFWLYHIRUPRIUHJXODWLRQ
LQWKH/&,$LWVHOIDQGKDYHSDYHGWKHZD\IRURWKHUDUELWUDOLQVWLWXWLRQVWR
DGGUHVV WKH LVVXH E\ LQGLFDWLQJ WR WKRVH LQVWLWXWLRQV WKDW GLIIHULQJ FRQGXFW
VWDQGDUGVLVDSUREOHPWKDWQHHGVWKHLUDWWHQWLRQ


 6HHJHQHUDOO\/&,$5XOHVVXSUDQRWHDQQH[WKH/&,$5XOHVDGGUHVVWKHLVVXHEXW
HPSKDVL]HWKHOLPLWVRIDSSO\LQJLWVUXOHVEH\RQGLWVRZQWULEXQDOV