THE 2024 NAI ARBITRATION RULES: BETTER, FASTER, GREENER!

THE 2024 NAI ARBITRATION RULES: BETTER, FASTER, GREENER!

Today, concurrent with the 75th anniversary of the Netherlands Arbitration Institute (“NAI”), the new 2024 NAI Arbitration Rules (the “NAI Rules”) will enter into force and be applicable to NAI arbitrations filed on or after 1 March 2024. The new NAI Rules, which had been last revised in 2015, introduce a number of innovative features and aim to provide for more efficient and expeditious dispute resolution, thereby responding to the needs and increased sophistication of users of international arbitration. In this blog post, we will discuss the most important changes to the NAI Rules.

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