The International Chamber of Commerce offers a new procedure to provide faster, easier and streamlined arbitration for smaller disputes.

On 1 March 2017, the revised International Chamber of Commerce Arbitration Rules (the ICC Rules) entered into force. Following a trend set by other leading arbitration institutions such as the Stockholm Chamber of Commerce (SCC), the Singapore International Arbitration Centre (SIAC), and the International Centre of Dispute Resolution (ICDR), the ICC Rules introduce an expedited procedure (the Expedited Procedure) for smaller claims. Under the Expedited Procedure...