The LMAA Terms
Arbitrations in London are conducted under the Arbitration Act 1996. The LMAA Terms are the terms on which LMAA members usually accept arbitration appointments in maritime cases. Where the members of the tribunal accept the appointment on such terms they therefore apply to and govern the procedure adopted in the arbitration reference. The Terms have been altered from time to time and the current version is the LMAA Terms (2006) .
The LMAA has also instituted its Intermediate Terms, the Small Claims Procedure (SCP), Fast and Low Cost Arbitration (FALCA), and Mediation Terms, which together offer those involved in maritime matters a wide range of choice for the resolution of disputes.
Please select an option from the list below: