…DIFC-LCIA and the DIAC, such as different timelines, calculation of costs and procedures for emergency arbitration. In rendering its decision, the Singapore Court also referred to the Louisiana Court decision…
…Rules 2021 explicitly provides that “[t]he costs of arbitration shall include […] reasonable legal and other costs incurred by the parties” when dealing with costs of the arbitration.2)Article 38(1) of…
…a specific limit of claims, such as delays and disruptions, additional scope and costs, liquidated damages, loss of profit, performance and warranty issues, indemnity, and insurance claims. She emphasized that…
…courts. Additionally, awareness of the costs associated with arbitration is essential. Because arbitration can have high administrative costs, this method might be better suited for complex and high-value contracts. The…
…us may underestimate the current rate of improvement of synthetic media, this wave is about to hit the legal industry, and those unprepared to detect it will suffer the costs….
On January 11, 2024 the Sandra Day O’Connor College of Law at Arizona State University hosted the sixth annual Schiefelbein Global Dispute Resolution Conference. Like the past iterations of this…
…principles of China’s laws, infringement upon China’s sovereignty, endangering public security, violating good customs, and other circumstances endangering fundamental public interests.) Addressing the perceived difficulty of enforcing foreign awards in…
…policies, national security concerns, and the arbitration field. He pointed out the broader economic and legal ramifications of these trade tensions, emphasizing their influence on international arbitration as disputes become…
…in A v B [2022] HKCFI 3620, the Hong Kong court denied the relief sought, observing that the application to the court was an “unnecessary duplication of costs and judicial…
…should be dismissed. Finally, concerning costs, the Tribunal ordered the Claimant to reimburse the costs of arbitration to the Respondent. Analysis Widespread corruption in Latin America has become a…
…proceedings, under the rules of the ICC, before a sole Arbitrator, in an abbreviated procedure, in which it demanded the restitution of the paid advance balance, plus interest, and costs….
…$124 million with interest, together with a further US $1 million in moral damages and costs. Zimbabwe applied to have the award annulled by an ICSID annulment committee. That application…
…interest on costs. In addition, tribunals have addressed questions relating to the discontinuance of the LIBOR in cases where the parties did not agree on an alternative rate. The…
…themselves in a precarious balancing act: on one hand, they must provide a degree of predictability and security to investors who, understandably, seek stability and clear rules; on the other…
…of carbon emissions and renewed apprehensions around energy security. Again, nuclear projects will experience similar issues giving rise to disputes as seen in the conventional and renewables sectors — but…
…arbitration costs, including for legal representation, could present an objective barrier to accessing both courts and arbitration tribunals. The objective inability to bear the costs at the time of adjudication…
…make their deal, while they should think more about the long-term relationships of the company. A further criterion is that costs must be reasonable. Considering that in-house counsel know the…
…of a full win, including costs, which was taken very badly internally because a specific point that was really important for the business was completely ignored. Marieke van Hooijdonk (Partner,…
…rule in their favor. Another obstacle lies in the considerable costs associated with training AI models, which could amount to millions of USD. The panelists were not aware of any…
…as well as a shift in strategy by the UN Security Council. The Effect of War and Crisis on Arbitration Vladimir Khvalei continued the discussion by providing real-world examples of…
…also require the applicant to provide security for costs. The emergency arbitration procedure follows the lead of many prominent arbitral institutions and provides the Centre with a notable advantage over…
…Case No. 10/2023 which confirmed that parties can no longer rely on the non-payment of an advance on costs to evade arbitration proceedings. This reflects a change in the usual…
…massive costs related to adapting to or mitigating climate change. They are suing to try to recover money to support those needs (see Global Climate Change Litigation database). One of…
…Ensuring Host States’ Ability to Regulate In today’s world, society is facing a myriad of challenges that require modern solutions. Climate change threatens global security. The pandemic triggered public health…
