Arbitration, Arbitration Institutions and Rules, Efficiency, Expedited arbitration, Reform, UNCITRAL, UNCITRAL WG II Series, Working Group II
UNCITRAL Working Group II: Does Expedited Equal Efficient?
UNCITRAL’s Working Group II (“WGII”) resumes next week its work on drafting expedited arbitration provisions (“EAPs”) for use with the UNCITRAL Arbitration Rules (“UARs”). One of the key “aims” underlying development of these procedures is “to improve the efficiency and quality of arbitral proceedings.” This post examines why efficiency matters, how the EAPs encourage efficiency,…