First Paragraph
In the summer of 2010, the Singapore International Arbitration Centre ("SIAC") announced the enactment of a new edition of its arbitration rules. The 2010 SIAC Rules effect a small but important change to the rules enacted in 2007. Specifically, the 2010 SIAC Rules provide for the use of expedited arbitration procedures in special circumstances, and grant the parties the power to appoint an emergency arbitrator and seek interim relief. As explained by the SIAC, the 2010 SIAC Rules "were drafter adter a review of the practical experience of the application of the 2007 SIAC Rules" and "reflect the best practices in international arbitration . . ." The New Rules were drafted by SIAC's Rules Committee, chaired by Mr. David Rivkin, in consultation with members of SIAC's Board of Directors and became effective on July 1, 2010.
Recommended Citation
Nathan C. Volpi, Amidst 24/7 Media Climate, SIAC Provides for Speedy Process and Emergency Relief, 3 Arb. L. Rev. 266 (2011).