Legal Update – Arbitration Act 2025 Receives Royal Assent
On 24 February 2025, the Bill to amend the Arbitration Act 1996 (the “1996 Act”) received Royal Assent, officially becoming an Act of Parliament.
It has widely been acknowledged that the 1996 Act worked well, but it would be remiss not to acknowledge there have been several significant updates to arbitral procedures over the last c.30 years. While the amendments do not represent a significant departure from the established framework of the 1996 Act, the 2025 Act aims to clarify the position developed at common law, and more generally, reaffirm England’s pro-arbitration stance.
Lisa McCreath (Senior Associate) reflects on a number of key updates made by the 2025 Act
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