“Prolongation claims”, sometimes known as “delay claims”, are a common feature of construction disputes. The expression “prolongation claim” or “delay claim” is generally used to describe a monetary claim which follows from a delay to project completion. These claims should be distinguished from a “disruption claim”, which is generally used to describe a monetary claim […]
Construction Arbitration Claim Strategy: When to Bring a Construction Claim in Arbitration and the Issues to Be Considered
Whether to bring a construction claim in arbitration depends on a number of factors that should be considered. If these issues are honestly considered at the outset of a construction dispute that is to be resolved by arbitration, they should lead to a sound conclusion as to the whether the construction claims should indeed be […]
Should an International Arbitration for a Small Claim Even Be Commenced?
Should an international arbitration for a small claim, for instance an amount in dispute of less than USD 50,000, even be commenced? This is a recurring question asked by clients with small claims who wonder if it is worthwhile to commence arbitration proceedings and to incur additional costs in order to recover small amounts. Claimants […]
Bilateral Arbitration Treaties (BAT’s): An Update
A recent proposal for a new form of international arbitration through bilateral arbitration treaties has yet to catch fire. Part of the reason may stem from user uncertainty. Bilateral Arbitration Treaties: The Idea Bilateral Arbitration Treaties have captured increasing interest since their initial proposal in 2012.[1] Modelled upon bilateral investment treaties (“BIT’s”), Bilateral Arbitration Treaties […]
Quanto custa uma arbitragem?
No Brasil, o uso da arbitragem, como meio alternativo de resoluções de conflito, tem se firmado e evoluído nitidamente. Apesar das vantagens frequentemente atribuídas ao processo arbitral, os custos de uma arbitragem são, por vezes, mal interpretados. Assim, muitas empresas deixam de incluir cláusulas arbitrais em seus contratos por receio de custos excessivos. Afinal, o […]