…of international oil companies concerning taxes against State entity PetroVietnam, and the tribunal ordered the claimants to reimburse PetroVietnam’s costs of the arbitration in full. In each instance the Government…
…to arrange suitable facilities for public hearings and to organise the necessary support and security. Physical access is however not necessary for a meaningful right of public access. Investment arbitrations…
…Hong Kong courts to award indemnity costs against applicants who were unsuccessful in resisting enforcement of New York Convention awards. Under general principles, an indemnity costs order is penal in…
…common law countries is that limiting discovery prevents them from finding the truth. The major concern of practitioners from civil law countries are the costs related to document production. The…
…Rules, the Decision on Costs of Arbitration, and the list of arbitrators are not available in English language. Finally, there is no easily accessible model clause, nor are there any…
…may raise certain issues as to the bias of arbitrator(s). A better solution would be to follow the usual arbitral practice of paying the initial costs by both parties in…
…and other areas, in order to make international arbitration a useful mechanism to combat cross-border corruption and preserve its main feature of giving international trade and investment security and certainty….
…or the decision on costs, which were already part of the arbitrators’ inherent powers. It is not referred either to ex parte contacts between counsel and arbitrators, or the subsequent…
…Iraqi law alone. In this regard, many foreign companies are still hesitant to provide FDI to Iraq, because of fears that the security situation is too unstable in Iraq. Notably,…
…its obligation to accord the investor fair and equitable treatment, and it (iii) directed Lithuania to compensate to the investor 80 percent of the arbitration costs. The recognition and enforcement…
…into force in 2012 for Indonesia, contains the “full protection and security”-standard. The provision adds that “full protection and security requires each Member State to take such measures as may…
…contains detailed provisions relating to ordering of costs. It stipulates that the court/arbitral tribunal can only order “reasonable” costs for legal fees, witness attendance, institution fees etc. The Ordinance also…
…of quality) in state courts, juries of lay citizens in civil cases, the threat of disproportionately high punitive damages, class actions (collective redress), high costs of discovery, contingency fee arrangements,…
…costs is “oh, whatever” – – – – – – – – – – – Parties to the rescue! – – – – – – – – – – –…
…the allocation of the costs incurred for due diligence, the exclusivity of negotiations between the parties, and set up other legally binding regulations, which breach can be remedied by agreed…
…ultra petita, the examination of whether reasons for all decisions are presented, whether the costs and interests are addressed, whether calculations are correctly made, etc. (procedural matters), and whether there…
…of the total costs of arbitral proceedings are lawyers’ fees. In large disputes, the stakes involved can of course justify today’s level of sophistication. However, in many other cases, the…
…c. Whether there is a need to amend the Arbitration Ordinance to provide for the Tribunal’s power to order Third Party Funders to provide Security for Costs; and d. If…
…entities suggested in the EU Guidelines on implementing the sanctions found in the framework of the EU Common Foreign and Security Policy of 8 December 2003 № 15579/03. Second, assuming…
…an emergency arbitrator within 1 day from the receipt of both the application and the advance payment of the costs for the Emergency Arbitrator Procedures. There is a 15-day time…
…equitable treatment’ has been replaced with leaner, imprecise protections. And the protection of ‘full protection and security’ has been completely left out. Though investments are to be protected from violations…
…sanctions in exchange for the dismantling of Iran’s nuclear weapons program. UN Security Council Resolution 2231 of (20 July 2015) automatically lifts UN Sanctions on the Iran Nuclear Program (under…
…zlotys at the exchange rate binding on the day the loan was granted. The banks would bear 90 per cent of the restructuring costs, whereby the total loss to the…
…process in general. Considering the time and costs associated with a full blown international arbitration, the stakes are high and parties are keen to ensure that the right candidate is…
