Commencing LCIA arbitration (1998 Rules): Request: cover letter

This legal template is designed to serve as a cover letter to accompany a request for commencing LCIA (London Court of International Arbitration) arbitration under the 1998 Rules, specifically under the jurisdiction of the laws of the United States of America (USA). The LCIA is a widely recognized international institution that administers arbitration proceedings for resolving disputes arising from commercial contracts.

The cover letter is intended to be a formal communication sent by one party to the other, submitting a request to initiate the arbitration process. It likely outlines the essential details of the dispute, such as the parties involved, the nature of the conflict, and the relevant provisions of the underlying contract that necessitate arbitration.

Given that the letter is drafted under USA law, it is likely to contain references to the applicable legal framework, specific statutes, regulations, or precedents that govern the arbitration process within the jurisdiction. The template might also include information about the selected arbitrators, their qualifications, and any additional requirements or preferences regarding the arbitration proceedings.

Furthermore, the cover letter may mention logistical aspects, such as proposed timelines for hearings, deadlines for filing pleadings, and the desired venue or location for the arbitration. It may request cooperation from the other party and express a willingness to engage in good faith negotiations to facilitate the resolution of the dispute.

Overall, this legal template for commencing LCIA arbitration under the 1998 Rules seeks to facilitate the formal initiation of the arbitration process under the laws of the USA, promoting a fair and efficient resolution to the commercial dispute at hand.