Third party funding probably has its longest history in Australia, followed by the United Kingdom. The irony is that both of these are common law jurisdictions in which the legal…
…also cover the costs of the winning party, which in large part may depend on the agreement involved and the norm of the applicable jurisdiction. In the United Kingdom, for…
…The Tribunal held that the Claimants’ security entitlements in Argentinean bonds are investments for the purposes of Article 25, ICSID Convention and protected under the Argentina-Italy BIT. Another controversy arises…
…itself to the German businessman’s St. Petersburg-based private security company. Since 1998, Mr. Sedelmayer has made a second career out of enforcing that arbitral award. By his estimate, he has…
…Furthermore, the amended rules make it clear that the parties’ conduct of the arbitration will be a factor to be taken into consideration when making a costs award. These amendments…
…search for ways to improve our efficiency. The fourth and last panel related to costs and liability. Wolfgang Peter (Python Peter) spoke on cost control and the striking the balance…
…■ £50,000 for witness fees ■ £30,000 for management costs” “Of the 74% of costs referred to on the preceding page, Chart 13 shows that, irrespective of the nature of…
…account the increasing complexity of arbitrations involving multiple parties or multiple contracts, and to encourage arbitrators and parties to foster efficiency and limit the costs of proceedings. I had the…
The escalation of costs and delays in international arbitration and the consequent dissatisfaction of the system’s users have become prime subjects for users of and commentators on international arbitration.1)See, for…
…and difficult endeavor, fraught with the risks of prejudicing the tribunal and adding costs and delay. Trust me, if mediation were either hard or added any serious costs, the last…
…tuition costs. The full effects of this have yet to be seen and analysed. However, it can be predicted with some confidence that increasing student demands, together with the requirements…
…security of costs, which was granted by the English High Court. Glory of Wealth Shipping failed to furnish security, leading to a dismissal of their application without a hearing on…
…the tribunal, the requesting party must advance the costs of such expertise; (iv) the expert evidence must relate to facts relevant for rendering of the award; and (v) the expert…
…material to the resolution of the dispute; (e) provide security for legal or other costs of any party. The Emergency Rules also require that the party requesting any Emergency Interim…
…in 1925 and is now eighty-two years old. 3. Arbitration Costs: Answer (d). Costs in ICC, SCC, CAM, and DIS arbitrations are all determined on an ad valorem basis by…
…All of the above e. None of the above (3) Arbitration Costs. Which institution(s) do not use an ad valorem method of calculating arbitrator fees and administrative costs? a. ICC…
…an appeal withdrawn after the appellant had failed to pay the advance on costs. I indicated that I did not know what had happened to the dispute afterwards. As it…
…the point, and why must parties and taxpayers bear the costs, of the countless disputes, arbitrations and litigations over the past ten years provoked by the Court’s shifting views? What…
The four most recent ICSID disqualification decisions (Universal Compression v. Venezuela, OPIC Karimum v. Venezuela, Tidewater v. Venezuela and Urbaser v. Argentina) have unanimously rejected applications to disqualify arbitrators on…
…The ‘Costs of Arbitration’ survey will gather data to inform parties, legal representatives and arbitrators about the overall costs of international commercial arbitration and how these are incurred at each…
…sell assets, as long as such assets are not related to defense and national security. High Court decisions can be appealed. However, in execution matters, the grounds of appeal are…
…for international arbitration over the next decade. Costa Rica has much to recommend itself as a seat: political stability, legal security, a sophisticated judiciary and bar, active arbitration institutions, good…
…parties from frustrating any interim measure. Separately, arbitral tribunals seated in Hong Kong are empowered inter alia to award security for costs and direct the discovery of documents or delivery…
…of rejecting a claim outright, tribunals have sometimes only awarded the claimant the amount of its investment or its “sunk” or “wasted” costs.; Some commentators (and indeed some arbitrators) consider…
