…the need for translation) and the related costs. This may however be a miscalculation, aside from political considerations of protectionism, professional ethics or civil liability issues. Indeed, neither the limited…
…of costs. Second, neither Claimant’s unfortunate position nor its efficiency in the Rule 41(5) procedure provide a good reason to allocate costs in its favor. Ansung Co. submitted that it…
…318) that IAA s27 currently “refers to an arbitral tribunal’s power to make an award as to costs and to tax or settle the amount of costs to be paid…
…a PCA tribunal seated in Singapore released its final award on costs. It is this final PCA award that the plaintiffs are seeking to enforce against Lesotho in Singapore. The…
…It awarded damages of approximately £190 million to Raytheon, plus £38 million in interest and claimant’s costs. While the award was challenged by the Home Office and subsequently set aside…
…proceedings due to the existence of a valid arbitration agreement should ordinarily be awarded indemnity costs.3)Pipeline Services WA Pty Ltd v Atco Gas Australia Pty Ltd [2014] WASC 10 [18];…
…resolution mechanism of choice for international commerce. In international investment circles, the quest for neutrality and security of investments put States under some unseen pressure to reform their regulatory framework…
…been met when it comes to improving the time- and cost-efficiency of ICC arbitrations. The new provisions offer users dissatisfied with increased time and costs of arbitration an alternative to…
…(e.g. national treatment, most favoured nation treatment, minimum standard of treatment, fair and equitable treatment, full protection and security, non-discriminatory treatment, no expropriation without compensation). Moreover, U.S. investors would no…
…has already considered and ruled on the question) and an order for disclosure would likely delay the resolution of the dispute, enforcement of the award and increase the costs. •…
…into account in allocating costs in an increasingly “loser pays” legal environment? Should it be a factor when considering whether to grant an order on security for costs? • Fourth…
…in an effort to save time and costs. This however should not be considered in a vacuum; indeed, to gain the optimal benefit from this welcome move by institutions, the…
…costs of the case would make the other side, a key partner of his client, miserable. When Michael landed, he called the reception desk of the national company and asked…
…lot of sunk costs, the rewards for which will only be gained years later. Reduced security drives up expectations of return. Less legal risk equals greater negotiating power for Iraq….
…in security systems for Olympic games. The company won the contract to build the C4I security system after a bidding process that lasted for more than a year. SAIC contracted…
…arbitration and if so, when. Bernard Hanotiau has concluded that, “[i]t seems that the allowability of these costs as costs of the arbitration is generally not accepted. They should be…
…English law prohibited application of the arbitration agreement to a non-signatory; that the costs of enforcing the arbitration agreement were prohibitive and thus infringed on the plaintiff’s ability to vindicate…
…Nations-brokered ceasefire, and several General Assembly and Security Council resolutions. It has also recently come to the fore in several cases before the EU and English courts, raising questions about…
…law is the applicable substantive law (Article 4(1) of the DMS Rules). If the parties agree on the application of foreign law, they must bear the additional costs for obtaining…
…comes with the usual advantages over litigation, such as confidentiality, party autonomy, limited curial review, costs and time benefits – seemed to be an attractive option. That being said, arbitration…
…costs shall be anticipated by the private partner at the commencement of the proceedings and when applicable they will be reimbursed under the terms of a final decision in arbitration….
…may have little if no incentive to pursue such claims individually due to the costs and legal risks involved. Probably the first thing that comes to one’s mind is the…
…costs, amongst others. This simple proposition stimulated debate at conferences, on list servs, at cocktail parties and in print during the year. While we are aware of only a few…
…event, significantly faster. Enhancing Efficiency and Reducing Costs in Energy Disputes Continuing with the theme of assessing the implications of the low price environment, conference participants and attendees also evaluated…
