Conducting an Emergency Arbitration - The Requirements & Considerations

Introduction

Many leading sets of arbitration rules now include express provision for emergency arbitration (i.e. interim relief from a specially appointed emergency arbitrator before a full arbitral tribunal can be constituted). Emergency relief is granted on an expedited timeframe.

Used correctly, emergency arbitration can be a powerful tool for obtaining urgent and effective relief (such as the freezing of assets or the preservation of evidence) and gaining leverage. However, an unsuccessful applicant can result in wasted costs and an early loss. It is, therefore, critical for parties seeking emergency relief and their advisors to be aware of what is required for an effective application and the considerations the emergency arbitrator will have in mind.

What You Will Learn

This live and interactive course will cover the following:

• The requirements for emergency arbitration under different sets of institutional rules
• Forms of emergency relief that can be sought
• Typical costs and timeframes for obtaining emergency relief
• Practical tips on presenting and responding an effective application for emergency relief
• The perspective of the emergency arbitrator and the factors they consider in deciding whether to grant the relief sought
• The interplay between emergency arbitration and arbitration and the effect of emergency relief on arbitral proceedings

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.