Gafta—commencing an arbitration under Gafta Arbitration Rules No. 125

Produced in partnership with Chris Felton of Gardner Leader LLP and Katie Dyson of Gardner Leader LLP

Practice notes

Gafta—commencing an arbitration under Gafta Arbitration Rules No. 125

Produced in partnership with Chris Felton of Gardner Leader LLP and Katie Dyson of Gardner Leader LLP

Practice notes

Introduction to Gafta 125

The Grain and Feed Trade Association (Gafta) is an international trade association of traders, brokers, superintendents, analysts, fumigators, arbitrators and other professionals in the international grain trade. Gafta has a dedicated arbitration secretariat, located at the association’s headquarters in London, which administers arbitrations. It provides a raft of standard form contracts, all of which include an arbitration clause which refers any disputes to arbitration under the Gafta rules. The preamble to Gafta 125 states that any dispute arising out of contracts or agreements which incorporate those rules shall exclusively be referred to Gafta.

This Practice Note considers how to commence an arbitration under the Gafta arbitration rules No. 125 (Gafta 125). References to ‘Rules’ in this Practice Note are to the rules of Gafta 125, effective for contracts dated from 1 March 2022, unless otherwise indicated.

For more information on Gafta and other trade associations, see Practice Note: Commodities arbitration—trade associations and arbitration rules.

Time limits for claiming

Chris Felton

Partner, Gardner Leader LLP

Chris is a Partner in Gardner Leader’s Dispute Resolution team.

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Chris specialises in complex, multi-jurisdiction litigation and is a regular in the Commercial, Chancery and Technology and Construction Courts. His work includes a significant amount of international arbitration (LCIA, ICC, Swiss Rules, GAFTA and ad hoc), often on a sovereign/interstate level. He is recognised in the Legal 500 as a Leading Individual in Commercial Litigation and regularly features in Chambers and Partners.

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Many of Chris’ cases have an international dimension.��He has litigated for clients in a number of different jurisdictions including the US, Canada, Brazil, Germany, France, Switzerland, The Netherlands, former CIS States, Slovenia, Czech Republic, Turkey, Abu Dhabi, Seychelles, Malaysia, Singapore and China.

Katie Dyson

Associate, Gardner Leader LLP

Katie is an Associate in Gardner Leader’s Dispute Resolution team.

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Katie specialises in complex multi-jurisdiction litigation and has experience in banking and finance disputes. Her work includes procurement claims, cross border injunctions, civil fraud, commodities actions, corporate litigation and a significant amount of international arbitration (ICC and GAFTA), including at a sovereign/interstate level.

Jurisdiction(s):

United Kingdom

Key definition:

Arbitration definition

What does Arbitration mean?

Generally, a private form of final and binding dispute resolution by an appointed arbitral tribunal acting in a quasi-judicial manner. Arbitration is, generally, founded on party agreement (the arbitration agreement), and regulated and enforced by national courts.

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