ALARB, Colombia, Costs in arbitral proceedings, Counsel fees, Investor-State arbitration, Latin America
Colombia’s National Agency for Legal Defense of the State Report on Costs in Investment Arbitration
The 2022 report of Colombia’s National Agency for Legal Defense of the State (the “Agency”) provides insightful information about costs in investment arbitration (the “2022 Report”). Based on a statistical analysis, it (i) establishes current trends and criteria in connection with the allocation of costs in investment arbitration, and (ii) determines the average costs of an…