…the ICC Commission Report Controlling Time and Costs in Arbitration. Most Russian institutional rules provide that arbitration commences when the secretariat of an arbitral institution – and not the respondent…
…sense that no permanent secretariat is created and the costs are mostly shared by the disputing parties. Also, the specific procedures included do not differ greatly from what is currently…
…and 11-13.323. In short, it first held that non-diplomatic assets such as monies related to tax, social security and oil royalty claims owed by French companies to Argentina through their…
…and the commencement of a single arbitration under multiple contracts (Art. 29). Both mechanisms are designed to promote procedural efficiency and to reduce unnecessary costs in complex arbitrations. Art. 27…
…and the same alleged infringement. Well known examples include the Improver v Remington litigation in the 1990s (the EPILADY cases); Document Security System v The European Central Bank (the Euro…
…time and in confrontation with each other (witness conferencing)” (emphasis added). Second, the ICC Arbitration Commission Report on Techniques for Controlling Time and Costs in Arbitration similarly contemplates witness/expert conferencing…
…order security for costs, the TFI and AT are more inclined to make costs shifting orders, as opposed to the current practice of ordering each party to bear its own…
…claims arising from the formerly ambiguous wording of a number of Model BIT provisions as do culturally/environmentally motivated State measures and those adopted for the security of the State. The…
…482). US Counterclaim. In 1982 the United States filed a counterclaim in Case B1, asserting that Iran had breached contractual obligations to maintain the security of certain classified material and…
…on May 21, 2013 (the “Award”). It dismissed the claims in full and ordered the claimants to pay Peru’s arbitration costs in the amount of US$ 2,117,489.27. Thereafter, Peru filed…
…raise frivolous procedural motions related to TPF, such as unwarranted applications for security for costs, may be dealt with through the customary mechanisms that exist to address such conduct. While…
…in apportioning the costs of the arbitration and Rule 34 empowers the tribunal to make adverse costs orders against third party funders “where appropriate.” Although most major funders (i) will…
…by a largely ineffective Act and an arbitration regime that was afflicted with various problems including those of high costs and delays. To address these issues, the Indian Government promulgated…
…internet access and audiovisual services, along with copying, printing and facsimile services. ii) Competitiveness on Costs: Competitiveness on costs when compared to well-known arbitration institutions not only comes with procurement…
…no counterclaims, that Second Party would only be able to seek a declaration of no liability, and no positive relief. This option may not be appealing given the costs involved…
…claimant and respondent costs are significantly lower than the averages: US$2,913,786.50 is the median for claimant costs, and US$3,650,252.62 is the median for respondent costs. ICSID Tribunal Costs In 40…
…account of rising costs and lack of speed. Further, patent arbitration can be as expensive as patent litigation. But, in these cases the heightened costs are due, at least partially,…
…(and costs) associated with this award and compare the situation with the parallel cases that have been brought by several states against Australia within the context of the WTO. Indeed,…
…disclosure of the funding arrangements, issues of attorney-client privilege, issues of conflicts of interest for tribunals, and issues of allocations of costs and security for costs. The need to examine…
…the parties’ entire costs. Conversely, the main component of the costs is represented by the “costs of the parties”, and especially by counsels’ fees. On the one side, International Arbitration…
…liable for adverse costs orders, or orders to provide security for costs. The sub-committee’s support of third party funding is understandable. However, it is rightly concerned that Hong Kong should…
…shareholders. Compared to the DIS Rules, the Russian statutory rules are silent on the issues of the appointment of arbitrators, parallel proceedings, and the allocation of costs between the parties…
…the OHADA Council of Ministers. The schedule is intended to provide parties with a degree of foreseeability as to arbitrator costs, and to ensure that the costs are proportional to…
…interest (both simple and compound) (see Art. 47), thus removing any concerns over the availability of compound interest under e.g. UAE law, and (iv) to award party costs in the…
