The LMAA has published new Terms and Procedures which will apply to arbitration proceedings commenced on or after 1 May 2017. Key differences between the LMAA 2017 terms and the previous (2012) version are: LMAA Terms 2017: Previous Position/Extent of change: Specific reference is now made to s. 17 Arbitration Act 1996 (the “Act”), permitting … Continue Reading