Last Updated July 15, 2019

Law and Practice

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Signature Litigation LLP has offices in London, Paris and Gibraltar specialising in complex, high-value, multi-jurisdictional litigation and arbitration. The firm has no transactional practice, and seeks to minimise the constraints posed by commercial and legal conflicts of interest. Its lawyers have trained and previously worked at other top-tier UK, US and international law firms. Its multi-award winning team has advised on some of the most significant and complex disputes in recent legal history, spanning a range of sectors including banking and financial services, energy and natural resources, pension, private equity, trusts and insurance.

The Arbitration Act 1996 governs the conduct of arbitrations seated in England and Wales, although parties can contractually agree that any institutional or other rules may also apply. Additional provisions are typically recorded in a standalone arbitration agreement or within an arbitration clause of a contract.

The UNCITRAL Model Law has not been adopted in England and Wales, although the drafting of the Arbitration Act was influenced by it. The Arbitration Act is based upon three principles:

  • that, through arbitration, disputes should be resolved fairly by an impartial tribunal without unnecessary delay or expense;
  • that parties should be free to agree how their disputes are resolved (subject only to such safeguards as are necessary in the public interest); and
  • that domestic courts should not intervene unless necessary and authorised by the Arbitration Act (as a general rule, the court will only intervene when it is satisfied that the applicant has exhausted any means available via the arbitral process).

These founding principles provide parties significant autonomy to determine the composition of the tribunal, the procedural rules, and the basis upon which the tribunal is to render an award.

Signature Litigation LLP

138 Fetter Lane
London
EC4A 1BT

+44 0 20 3818 3500

+44 0 20 3818 3501

info@signaturelitigation.com www.signaturelitigation.com
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Authors



Signature Litigation LLP has offices in London, Paris and Gibraltar specialising in complex, high-value, multi-jurisdictional litigation and arbitration. The firm has no transactional practice, and seeks to minimise the constraints posed by commercial and legal conflicts of interest. Its lawyers have trained and previously worked at other top-tier UK, US and international law firms. Its multi-award winning team has advised on some of the most significant and complex disputes in recent legal history, spanning a range of sectors including banking and financial services, energy and natural resources, pension, private equity, trusts and insurance.

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