IBA publishes emergency arbitration guide for young practitioners
                                                        
                                                            The International Bar Association’s (IBA’s) Arb40 Subcommittee has published a guide titled Emergency Arbitration: A Practical Guide for Young Arbitration Practitioners, to provide practical and comparative guidance on the use of emergency arbitration (EA) as a means of obtaining urgent interim relief before a tribunal is constituted. The guide outlines the procedural framework governing EA, including its consensual basis, jurisdictional limits, appointment of emergency arbitrators within days, and the expedited conduct of proceedings under strict timelines. It explains that emergency arbitrators have broad procedural discretion but must balance speed with fairness, assessing factors such as urgency, irreparable harm, likelihood of success, proportionality, and necessity. The publication also analyses enforcement challenges, noting varied recognition of EA decisions across jurisdictions but high rates of voluntary compliance and settlement. In investment treaty arbitration, it highlights the limited availability of EA, complexities arising from State sovereignty, cooling-off periods, and most-favoured-nation provisions. Concluding that EA has become an integral feature of modern arbitration, the Subcommittee presents it as both a vital procedural tool and an important training ground for emerging practitioners in international dispute resolution.