FAI ExpArb FAI Expedited Arbitration Rules 2024
FAI ExpArb
FAI Expedited Arbitration Rules 2024
20.1 An arbitrator shall be and remain impartial and independent of the parties.
20.2 Before confirmation, a prospective arbitrator shall sign and submit to the Institute a statement of acceptance, availability, impartiality and independence (the ”Statement”). The prospective arbitrator shall disclose in the Statement any circumstances likely to give rise to justifiable doubts as to their impartiality or independence.
20.3 The Institute shall transmit a copy of the Statement to all parties and set a time limit within which they may submit comments on the Statement or object to the confirmation of the arbitrator.
20.4 An arbitrator shall promptly disclose in writing to the Institute and the parties any circumstances referred to in Article 20.2 which may arise during the course of the arbitration.
20.5 Each party shall promptly inform in writing the Institute, the sole arbitrator and the other parties of the existence and identity of any third party, which has entered into an arrangement for the funding of claims or defences in the arbitration, and under which it has an economic interest in the outcome of the arbitration.
20.6 Each party shall promptly inform in writing the Institute, the sole arbitrator and the other parties of any changes or additions regarding its representation in the arbitration. If justifiable doubts as to the sole arbitrator’s impartiality and independence arise from a change or addition in the parties’ representation, the Board may, after consulting with the sole arbitrator and the parties, exclude the new or additional representation from participating in the arbitration, unless the change is based on justified grounds.
Source: FAI
Imported: