…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…
…a certain amount was paid to the bank. Royal Unibrew considered that this amount and costs incurred due to this seizure should be compensated by Advadis pursuant to warranties which…
…same reason arbitration takes less time, therefore costs less, too. Professionalism is better catered for in arbitration as parties can choose renowned experts versed into the specific deals at stake…
…knowledge their own perspectives and experiences. The Australian Research Council is currently funding a project which undertakes econometric modelling of the costs and benefits of Australia’s investment policy, including in…
…Techniques for Controlling Time and Costs in Arbitration. In the second category of soft law -where the instrument containing the norm lacks the ability to confer upon it binding character-…
…defendant to pay US$600,000 plus costs. Importantly, the arbitrator rendered the award only eight months after closure of the arbitral proceedings. On this basis, the award debtor challenged the award…
…balance of interests of energy producing, energy consuming and energy transit countries in the context of energy security for all. If there are still sceptics despite the modernization of the…
…of evidence or security for costs, most of the institutional rules (including the 2012 ICC Rules and the 2014 LCIA Rules) require such applications to be made on notice. Even…
…within 10 days of the day on which the award has become final. With the request for annulment and subject to post a security, a party can also request a…
…arbitration. I believe that the most pressing of these is the increase in the time and costs involved in arbitrating disputes. Much has been written and spoken on this topic,…
…are confronted with an issue who should bear the costs of such new proceedings. In conclusion, the arbitration community is confronted with not so new, but definitely redefined issue. So…
