FAI ExpArb FAI Expedited Arbitration Rules 2024
FAI ExpArb
FAI Expedited Arbitration Rules 2024
12.1 Where there are multiple parties in the arbitration, claims may be made by any party against any other party prior to the transmission of the case file to the sole arbitrator, subject to the provisions of Articles 13 and 15.
12.2 Any party making a claim under Article 12.1 shall provide the following information:
(a) identification of and, where possible and unless already produced to the Institute, a copy of the arbitration agreement under which a claim is made;
(b) identification of any contract, other legal instrument or relationship out of or in relation to which the claim arises;
(c) a brief description of the nature and circumstances of the dispute giving rise to the claim;
(d) where claims are made under more than one arbitration agreement, identification of the arbitration agreement under which each claim is made; and
(e) a preliminary statement of the relief sought, together with the amounts of any quantified claims and, to the extent possible, an estimate of the monetary value of any other claims.
12.3 The Institute shall notify a party of any claims made against it under Article 12.1 and set a time limit within which that party shall respond to such claims. The Institute may also notify the other existing parties to the arbitration of such claims and give them an opportunity to submit comments.
12.4 The party submitting a response to claims made against it under Article 12.1 shall provide the following information:
(a) its comments on the nature and circumstances of the dispute giving rise to the claims; and
(b) its preliminary response to the relief sought.
12.5 Once the case file has been transmitted to the sole arbitrator, the sole arbitrator shall decide if and to what extent new claims may be made between different parties to the arbitration.
Source: FAI
Imported: