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23 September 2022
Categories: Legal News , Arbitration
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LNB News: Law Commission seeks views on Arbitration Act 1996 updates

The Law Commission has opened a consultation on its proposals for updates to the Arbitration Act 1996 (AA 1996) in an effort to fortify the UK as a leader in the realm of international arbitration.

Lexis®Library update: Though concluding that the AA 1996 still functions ‘very well’, the Commission has proposed new measures focused on efficiency, protection for arbitrators, provisions for the courts to support cases, and the refinement of the process involved in challenging an arbitral decision. The consultation closes on Thursday 15 December 2022.

The full outline of the consultation can be read here.

Those wishing to respond to the consultation may do so using this online form, or by emailing arbitration@lawcommission.gov.uk.

Source: New reforms to ensure UK retains position as a leader in international arbitration

This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 22 September 2022 and is published with permission. Further information can be found at: www.lexisnexis.co.uk

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