…lack of diverse arbitrators; and (3) costs and duration of cases. Various proposals have been suggested to address these issues. One of them is strongly supported by the EU and…
…third-party funding; (v) include specific provisions for joinder of additional parties, emergency arbitration, consolidation, allocation of costs; (vi) among others changes. The Arbitration Center of Mexico (CAM) also released its…
…the new regime, including by drawing comparisons to Hong Kong’s regime, and also analysed whether costs orders made by arbitral tribunals should consider the impact of alternative fee arrangements. …
…for 9% of the total costs of the arbitration. For the period 2017-2021, the average tribunal costs were USD 992,486. It included administrative costs and the arbitrators’ fees and expenses….
…international peace and security perspective (read more about asset freezes here). Since this is an issue that, from his perspective, needs to be addressed by the UN Security Council –…
…signed, the Devas-Antrix agreement had become mired in controversy, and the government rescinded the contract with Devas, arguing that national security required rescission. The arbitral tribunal ruled that only part…
…certain discretion on deciding the impact of AFAs on costs orders. AFAs take many forms, including CFAs and DBAs, and involve different degrees of costs consequences. It does not appear…
…unable to present its full case on non-jurisdictional issues before the courts of the seat. The power to order security to be provided as a condition for a stay under…
…the enforcing jurisdiction. The corollary would be higher costs, and time expended in a contrived game of international cat-and-mouse. Finally, for policymakers, it is undesirable for the differences between the…
…also emphasized that the costs of energy resources are increasing day by day. The tension in the region has a direct impact on the production of electricity from natural gas….
…of the FATF Recommendations may bear onerous compliance costs. Low noted that the FATF Recommendations have affected financial institutions most directly and that there has been extensive enforcement in the…
…unreasonable in light of its purpose’. Additionally, the draft decision briefly comments on the Russia-Ukraine conflicts in the international investment law context to reaffirm the national security exception embodied in…
…references have often been cursory, with little to no elaboration or reasoning.2)See, e.g., WIIFM, Inc. d/b/a Liberty Lock & Security v. Doorbusters Lock & Safe, LLC f/k/a Liberty Lock &…
…the inquiry being the outer bounds of how far one could go in suggesting the parties settle; (iv) an arbitration agreement that allocates costs for the prevailing party and to…
…that the costs award should be refused recognition and enforcement based on Article V(1)(d) and Article V(2)(b) of the New York Convention. In response to the reliance of Mr Kazmin…
The Chinese Arbitration Association, Taipei and Asian Center for WTO & International Health Law and Policy co-hosted the annual Taipei International Conference on Arbitration and Mediation during the Taiwan Arbitration…
…and reducing the need for intermediaries; offering greater liquidity and enlarged (global) access to investments; facilitating fractional ownership; enabling faster transactions; and offering “the advantage of tokenomics”. Additionally, security tokens…
…an important procedural tool that must remain intact. For their proposition, Ms. Lotfi and Mr. Manner cited particularly the time and costs concerns, in addition to the risk that the…
…attorneys, and under an agreed upon legal regimen, thereby reducing costs and the time to resolution, while eliminating the risk of conflicting decisions. The UK Court of Appeal recently acknowledged…
…without permanent partners. The costs fallacy, that ADR and arbitration increase the overall cost for dispensation of justice. The arbitration law reform fallacy, that the status of the arbitration law…
…if not managed right. With these key considerations in mind, the Report examines the available procedural tools to minimize costs in such cases while ensuring that parties achieve swift and…
…the electrical grid -energy security-, but also the right of the state to determine the origin, quality, methods of control and efficiency of those resources. As such, the exercise of…
…to the future of costs in arbitration and focused on whether more reasoning is needed as the amount of costs awarded increases. For example, a losing party may wish for…
…Second, a sole arbitrator found on the facts of the case that the estimate in the parties’ agreement for the costs of the development of an IT system was not…
