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Article summary

The United Nations Commission on International Trade Law (UNCITRAL) has adopted the UNCITRAL Model Clauses on Specialized Express Dispute Resolution (SPEDR). The SPEDR Model Clauses provide customised solutions for expedited dispute resolution, building on the UNCITRAL Expedited Arbitration Rules. The SPEDR Model Clauses consist of four model clauses: Model Clause on Highly Expedited Arbitration, Model Clause on Adjudication, Model Clause on Technical Advisor, and Model Clause on Confidentiality. Explanatory notes describing the objectives, risks, and alternative approaches for each clause will accompany the SPEDR Model Clauses. The adopted text will be available on the UNCITRAL website at a late stage, and included in its annual report. The final version with explanatory notes will be posted later.