Sentences with phrase «joinder provisions»

The joinder provision allows an existing or additional party to submit a request for joinder at any stage of the arbitration.

We think tying fees with a joinder provision, as the Innovation Act does, is effective as well.

Not exact matches

The new provisions in the 2016 Rules that allow for consolidation of related arbitrations and joinder of additional parties, as well as the appointment of an emergency arbitrator, would increase efficiency and flexibility of KCAB proceedings.

Provisions that allows for more efficient case management, including consolidation of related arbitrations and joinder of additional parties, as well as an increase in the claim amount for the expedited arbitration from KRW 200,000,000 to KRW 500,000,000.

As multi-party disputes have become more and more common, arbitral institutions have begun to recognise the importance of including joinder and consolidation provisions in their rules to counter this difficulty.

In this article, we provide a some practical tips followed by a brief overview of the key joinder and consolidation provisions.