The Milan Chamber of Arbitration Adopts New Arbitration Rules
April 8, 2019
The Milan Chamber of Arbitration (Camera Arbitrale di Milano or “CAM”), Italy’s most important arbitral institution, adopted new arbitration rules which entered into force on March 1, 2019.
The Rules, which are available in English even though their official language remains Italian, replace the earlier, 2010 version and codify prevailing best practices in international commercial arbitration. Pursuant to Article 45 of the Rules, unless otherwise set forth therein or agreed by the parties, the Rules apply to all arbitration proceedings instituted post-March 1, 2019, irrespective of the date of execution of the agreement to arbitrate.