(1) At any time, the parties to an arbitration conducted pursuant to these Rules may consent to expedite the arbitration in accordance with this Chapter ( "expedited arbitration" ) by jointly notifying the Secretary-General in writing of their consent.
(2) Chapters I-XII of the ICSID Additional Facility Arbitration Rules apply to an expedited arbitration except that:
, 38, 47, 53, 59, 69 and 72, as modified by , apply in an expedited arbitration.
(3) If the parties consent to expedited arbitration after the constitution of the Tribunal pursuant to Chapter IV, shall not apply, and the expedited arbitration shall proceed subject to all members of the Tribunal confirming their availability pursuant to
(2) The parties shall jointly notify the Secretary-General in writing of their election of a Sole Arbitrator or a three-member Tribunal within 30 days after the date of the notice of consent referred to in
the Secretary-General shall transmit a list of five candidates for appointment as Sole Arbitrator to the parties within 10 days after the relevant event referred to in
each party may strike one name from the list and shall rank the remaining candidates in order of preference and transmit such ranking to the Secretary-General within 10 days after receipt of the list;
c)
the Secretary-General shall inform the parties of the result of the rankings on the next business day after receipt of the rankings and shall appoint the candidate with the best ranking. If two or more candidates share the best ranking, the Secretary-General shall select one of them; and
d)
if the selected candidate declines the appointment or does not comply with
the Secretary-General shall first appoint the co-arbitrator(s) not yet appointed. The Secretary-General shall consult with the parties as far as possible and use best efforts to appoint the co-arbitrator(s) within 15 days after the relevant event in
, the Secretary- General shall transmit a list of five candidates for appointment as President of the Tribunal to the parties;
c)
each party may strike one name from the list and shall rank the remaining candidates in order of preference and transmit such ranking to the Secretary-General within 10 days after receipt of the list;
d)
the Secretary-General shall inform the parties of the result of the rankings on the next business day after receipt of the rankings and shall appoint the candidate with the best ranking. If two or more candidates share the best ranking, the Secretary-General shall select one of them; and
e)
if the selected candidate declines the appointment or does not comply with
within 10 days after receipt of the request for acceptance.
(2) An arbitrator appointed to a Tribunal constituted pursuant to Chapter IV shall confirm being available to conduct an expedited arbitration within 10 days after receipt of the notice of consent pursuant to
, unless the proceeding is suspended or the Tribunal decides that there are special circumstances justifying the suspension of the schedule. In fixing time limits for such submissions, the Tribunal shall take into account the expedited nature of the process.
(1) The parties may opt out of an expedited arbitration at any time by jointly notifying the Tribunal and Secretary-General in writing of their agreement.
(2) Upon request of a party, the Tribunal may decide that an arbitration should no longer be expedited. In deciding the request, the Tribunal shall consider the complexity of the issues, the stage of the proceeding and all other relevant circumstances.
(3) The Tribunal, or the Secretary-General if a Tribunal has not been constituted, shall determine the further procedure pursuant to Chapters I-XII and fix any time limit necessary for the conduct of the proceeding.