London Chamber of Arbitration and Mediation (LCAM): background, context, adoption and the LCAM Board

Produced in partnership with Kirtan Prasad of RPC and Shai Wade of RPC
Practice notes

London Chamber of Arbitration and Mediation (LCAM): background, context, adoption and the LCAM Board

Produced in partnership with Kirtan Prasad of RPC and Shai Wade of RPC

Practice notes
imgtext

Background

The London Chamber of Arbitration and Mediation, or LCAM, is a London-based body providing administrative services in relation to the settlement of disputes. It has been established under the auspices of the London Chamber of Commerce and Industry (LCCI). LCCI was established in 1882 with one of its expressed objectives being ‘the undertaking of arbitration, the settlement of disputes arising out of trade, commerce or manufacture’.

Although it may appear to be a relatively new entrant, the LCAM is in fact a relaunched version of the arbitration scheme founded by LCCI in 1903, under what was then called the London Chamber of Arbitration. It was supported by the City of London Corporation and the Institute of Arbitrators also participated in the scheme’s management. Until 28 November 2016, bylaw 6.01 of the London Chamber of Commerce provided that disputes referred to the Chamber for arbitration were deemed to be references to arbitration under the LCIA Rules. Only a small number of arbitrations

Kirtan Prasad
Kirtan Prasad

Solicitor, RPC


Kirtan is a Singapore, English and NY qualified commercial disputes lawyer with a specialism in international arbitration. She has been recognised as a Future Leader in Arbitration by Who's Who Legal and as a Rising Star in International Arbitration by the Legal 500 directory. 

She practised in Singapore for a number of years before moving to London. Her experience includes disputes across a number of industry sectors, including finance, automobile manufacturing, hotel management and shipping. Her work has spanned both civil and common law jurisdictions, such as Japan, India, England, Indonesia, the UAE and the Netherlands, and under a range of arbitral rules, including the LCIA, ICC, SIAC, SCMA, DIAC and ICSID Rules.

Directory entries say: “She is one of the most intelligent young lawyers that I have worked with. Her drafting of case and witness statements in big-ticket arbitrations with utmost efficiency is a marvel to watch.” "Kirtan Prasad is very hardworking, has a head for detail, and is a strategic thinker." "Kirtan [is] one of the really up-and-coming names in international arbitration, who is definitely partner material."

Shai Wade
Shai Wade

Solicitor, RPC


Shai is the Head of International Arbitration at City law firm RPC. 

Co-author of the principal textbook commentary on LCIA Arbitration, "A Commentary on the LCIA Arbitration Rules", Shai is recognised as a Global Leader by Who's Who Legal: Arbitration, as a Leading Individual: International Arbitration by Legal 500 and a ranked International Arbitration Lawyer by Chambers and Partners. 

Shai specialises in large-scale complex arbitration disputes in key industries such as, Oil and Gas, Energy, Telecoms, IT and International Trade, as well as in joint-venture and shareholder disputes and investor-state disputes.

Shai serves as arbitrator and as counsel under rules of the major arbitration institutions.  As a young lawyer he served as a staff attorney to the Claims Resolution Tribunal for Dormant Accounts in Switzerland and later drafted the arbitration procedures for the appeals process of the International Commission on Holocaust Era Insurance Claims. 

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Popular documents