ICC (2017)—the award
ICC (2017)—the award

The following Arbitration practice note provides comprehensive and up to date legal information covering:

  • ICC (2017)—the award
  • Requirements of an award
  • Content of an ICC award
  • Scrutiny of the award by the ICC Court
  • Time frame for delivery of the award
  • Submission of draft awards
  • Notification of the final award
  • Delays in submitting awards
  • Majority decision and dissenting opinions
  • Place of the award
  • More...

ICC (2017)—the award

CORONAVIRUS (COVID-19): Many arbitral organisations have responded to the coronavirus pandemic with practical guidance and/or changes to their usual procedures and ways of working. For information on how this content and relevant arbitration proceedings may be impacted, see Practice Note: Arbitral organisations and coronavirus (COVID-19)—practical impact. For additional information, see: Coronavirus (COVID-19) and arbitration—overview.

This Practice Note deals with the requirements of an award under the 2017 International Chamber of Commerce (ICC) Rules of Arbitration (2017 ICC Rules).

The 2017 ICC Rules apply to any ICC arbitration commenced on or after 1 March 2017, unless the parties have agreed to submit to the rules in force on the date of their arbitration agreement (which is unlikely).

The 2017 ICC Rules include:

  1. an expedited procedure which automatically applies where the arbitration agreement is entered into after 1 March 2017 and the amount in dispute is below US$2m. In cases above this threshold, the parties must opt-in. For guidance on the ICC expedited procedure, including the requirements for awards under the procedure, see Practice Note: ICC (2017)—expedited procedure

  2. amended costs provisions effective from 1 January 2017. For guidance on costs in ICC proceedings, see Practice Note: ICC (2017)—fees, advances and costs

For links to guidance on the 2021 ICC Rules (in force 1 January 2021) and the 2012 ICC Rules, see: ICC arbitration—overview.

Requirements of an award

Generally speaking, when an

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