The commencement of international arbitration is conditioned by payment of advances on costs, after the payment of a filing fee. Unlike domestic courts, which are publicly-funded, advances on costs are needed to pay the fees of private arbitrators. If the arbitration is administered, costs also need to be advanced to pay the administrative costs of […]
The Recoverability of Arbitration Costs
Costs tend to be a major concern for users of international arbitration. However, a successful party may recover them in full or in part, including the costs of legal representation. In this respect, both national arbitration legislation and institutional rules generally grant arbitrators the power to award the costs. Though the UNCITRAL Model Law is […]
Aceris Law Recommended by Leader’s League in the Field of International Arbitration
Aceris Law LLC has again been recommended in the field of international arbitration, this time by the Leader’s League. “We do appreciate being recommended by the Leader’s League and other prestigious rankings in the field of international arbitration,” said William Kirtley of Aceris Law. “Over the past half decade, we have put together a great […]
Prolongation Claims in Construction Arbitration: Heads of Costs That May Be Claimed
“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 […]