KCCI announces revised ICC arbitration rules, enabling faster resolution of disputes
Posted : 2021-02-02 14:05
By Kim Hyun-bin
The Korea Chamber of Commerce and Industry (KCCI) announced that it held an online seminar on ICC Arbitration Rules, which have been revised for the first time in 4 years, jointly with the International Chamber of Commerce (ICC) Court of Arbitration.
The recently revised ICC Arbitration Rules reflect significant changes in practical arbitration work due to the COVID-19 pandemic. Arbitration documents are now delivered in electronic form by default, and the arbitral tribunal can hold hearings online or by telephone based on the facts and circumstances of each case.