…since they take into consideration specific issues such as the de-mining costs, the rebuilding costs, or contractual penalties for instance. The main goal is to be prepared, collect, and present…
…of or in connection with more than one contract in a single arbitration. This provision allows parties to save time and reduce costs when resolving disputes arising out of two…
…on 30 May 2023 tackled the very topical issue of controlling costs in international arbitration. Looking Forward In view of the recent and upcoming developments in arbitral rules and…
…in the operation of the Duquesa Landfill and its various breaches of the concession agreement caused a public health crisis that endangered the national security and created a risk of…
…for a security for costs order are determined by the applicable institutional rules or arbitration laws, the respondent applying for security for costs will generally have to prove the existence…
…and the parties’ compliance with the disclosure requirement when deciding on arbitration costs or any other fees. This continues CIETAC’s past efforts to regulate third-party funding. In September 2017, CIETAC…
…advice was to bear in mind the extensive costs and limited certainty of outcome in a dispute, and the client’s level of familiarity with arbitration. The importance of honest and…
…established rule in DIAC arbitration that the arbitrating parties share the costs of the arbitration equally pending a costs decision by the tribunal, which allows the allocation of the arbitration…
…arbitration process, internally and externally. By embracing innovation, we hope to enhance efficiency, reduce costs, and provide a seamless experience for all users, thereby streamlining processes, reducing administrative burdens, and…
…Disputes, Maxi Schrerer on The Effects of Insolvency on International Arbitration, Ank Santens’ critical discussion on Costs in International Arbitration: A Plea for a Debate on Early Guidance by the…
…a reasonable opportunity to present its case; and (iii) avoid unnecessary costs and delay. Mr Savola discussed not only traditional considerations, such as deciding between memorial or pleading styles, the…
…costs. The respondent argued that this rendered the arbitration clause unenforceable. The DCC dismissed the challenge as the advance on costs was in fact paid by the claimant but the…
…a party-appointed expert. Moreover, the proposal could also lead to additional financial costs for the parties. To address some of the above concerns, it was suggested that the model clause…
…of AI, arbitral tribunals may give specific guidance in relation to access to technology and discuss reimbursement of reasonable costs, including the costs related to the use of AI tools…
…of their teams, in compliance with their professional, ethical duties. The significant time and costs saving and competitive advantage that will result from the responsible use of AI cannot be…
…determination possibility, and (ii) expedited arbitration proceedings. The former is designed to address issues promptly before they escalate in complexity and costs, and the latter allows the parties to obtain…
…data minimization, and implementing data security measures. Processors, on the other hand, handle personal data under the controllers’ directions, with a responsibility to follow such instructions, while ensuring data security….
…the disputes are related. In addition, specific rules have been added regarding defaulting parties and procedural succession upon termination or death of a party. Costs and Fees Annex No….
…on the distinctive features of ICC arbitration, especially emphasizing flexibility and expeditiousness. According to the panelist, the costs of arbitration are directly related to the value provided to its users….
…objectives. So long as outside counsel can provide that, other concerns, including costs, remain secondary. Post-M&A Disputes: A View from the Trenches In the second half of the event, the…
…to a more credible arbitration framework. Additionally, the explicit classification of arbitration proceedings as confidential by default adds an extra layer of security and trust, addressing concerns related to sensitive…
…to make the determination regarding the language(s) to be employed in the arbitration proceedings (Article 31). Costs The fees for arbitrators are determined through an agreement between the disputing…
…damages and costs. Respondents challenged the Tribunal’s jurisdiction over claims asserted by one Claimant, over claims asserted against certain Respondents, and over the Tribunal’s ability to award certain relief requested…
…pay US$15,000 to Ashlock Company, Division of Vista Corporation (“Claimant”), for each year of use of eight leased machines, plus interest, readjustments, costs and freight in accordance with the lease…
