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Liechtenstein Rules

The Liechtenstein Rules are arbitration rules that were drawn up by the Liechtenstein Chamber of Commerce and Industry specifically for the implementation of confidential proceedings. They can be agreed for international as well as for national proceedings and for arbitration tribunals domiciled abroad as well as those domiciled domestically. With 32 articles, the Liechtenstein Rules are, in contrast to other arbitration rules, short, clear and easy to understand. The simplicity of the procedure is a key point of the Arbitration Rules. For example, there is a minimal obligation to publish and only one exchange of documents. This speeds up the process considerably.

The Liechtenstein Rules attach particular importance to confidentiality. All parties involved in the arbitration are bound to the strictest confidentiality. The arbitration rules also contain various procedural clauses, which ensure the greatest possible level of discretion in the conduct of the proceedings. Furthermore, care was taken to keep the procedural costs at a reasonable level relative to the amount in dispute. The Cost Schedule of the Liechtenstein Rules is based on that of the Swiss Rules, but the amounts are about 15% lower.

The Liechtenstein Rules are therefore particularly suitable for use in disputes relating to foundation and trust law. In general, the combination of many years of experience in Liechtenstein with so-called «private clients» and the special design of the Liechtenstein Rules offers ideal conditions for efficient arbitration proceedings in these areas.