BEIJING BOSTON BRUSSELS CHICAGO DALLAS GENEVA HONG KONG HOUSTON LONDON LOS ANGELES NEW YORK PALO ALTO SAN FRANCISCO SHANGHAI SINGAPORE SYDNEY TOKYO WASHINGTON, D.C. Swiss Chambers’ Arbitration Institution: Dedicated to Meeting the Needs of Corporate Users Worldwide David Roney ACC / CCIAG /ASA Conference Arbitration: The In-House Counsel’s Perspective, London – 16 March 2015

Overview This presentation focuses on four key advantages Swiss Chambers’ Arbitration offers to corporate users: 1.Lean and Efficient Administration 2.Expedited Procedure 3.Availability of Urgent Relief 4.Cost Control 2

1.Lean and Efficient Administration  Arbitration Court is a tightly coordinated group of experienced arbitration practitioners  Same Court members administer the case from beginning to end  Administrative decisions are usually rendered within two business days –Appointment of arbitrators –Control of arbitration costs  Average duration of ordinary proceedings is 14 months 3

2.Expedited Procedure  Art. 42 provides that Expedited Procedure applies: –When chosen by parties –When amount in dispute does not exceed CHF 1 million (GBP 670,000), subject to opt out  Sole arbitrator, single exchange of briefs and single hearing  Enforced time limit of 6 months for award  40% of cases conducted under Expedited Procedure 4

3.Availability of Urgent Relief  Art. 43 provides for emergency arbitrator before constitution of arbitral tribunal –Decision within 15 days –Requirement to commence arbitration within 10 days  Art. 26(3) provides emergency arbitrator and arbitral tribunal may issue ex parte preliminary orders –Only in exceptional circumstances –Other party must be heard immediately –Valuable where no other urgent relief is available 5

4.Cost Control  Arbitration Court approves or adjusts arbitral tribunal’s determination of fees and expenses  Arbitral tribunal’s fees are determined based on: –Amount in dispute –Complexity and time spent –Other relevant circumstances  Administrative costs: –None if amount in dispute is less than CHF 2 million (GBP 1.3 million) –Capped at CHF 50,000 (GBP 34,000) 6

Contact Details David Roney Partner Sidley Austin LLP Rue du Pré-de-la-Bichette Geneva, Switzerland T: E: 7

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