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SIAC Arbitration Costs

22/09/2018 by International Arbitration

SIAC Arbitration Costs

When initiating a SIAC arbitration, some of the basic questions most claimants ask are how much a SIAC arbitration costs, when payments are due and whether the costs can be recovered from the opposing party. What Are the Heads of Costs in a SIAC Arbitration? The costs of an arbitration are usually divided into four main groups: (i) fees and costs of […]

Filed Under: ICC Arbitration, SIAC Arbitration, Third-Party Funding

International Construction Arbitration

20/09/2018 by International Arbitration

International Construction Arbitration

International construction arbitration is a private dispute resolution method for resolving international construction disputes. International construction disputes, as defined by the International Chamber of Commerce (the “ICC“) Commission on International Arbitrations are “all kinds of disputes arising out of projects for construction work, but mainly those relating to the execution of the services (e.g. engineering services) […]

Filed Under: Construction Arbitration, ICC Arbitration, LCIA Arbitration, SCC Arbitration

Answer to the Request for Arbitration Under the ICC Arbitration Rules

20/08/2018 by International Arbitration

ICC Arbitration Rules

The Answer to the Request for Arbitration under the ICC Arbitration Rules is the first written submission that the Respondent to an arbitration must file. The Answer will typically set the main lines of the defence, which will be subsequently developed. The Request for Arbitration as well as the Answer are the documents that will give […]

Filed Under: Arbitration Information, Arbitration Rules, ICC Arbitration

Advance on Costs in ICC Arbitration

11/08/2018 by International Arbitration

Costs in ICC Arbitration

In ICC arbitration, usually upon receipt of the Answer on the Request for Arbitration or the expiry of the time limit for it[1], the Parties are required to pay an advance on costs. This payment is paramount “for the purpose of securing in advance the financial resources necessary for carrying out the arbitration procedure.”[2] The advance […]

Filed Under: Arbitration Information, Arbitration Procedure, ICC Arbitration

Correction of Arbitral Awards in ICC Arbitration

01/08/2018 by International Arbitration

Correction of Arbitral Awards in ICC Arbitration

To err is human, so the ICC Arbitration Rules provide for a special mechanism aiming to correct errors in arbitral awards. The correction of arbitral awards in ICC Arbitration is governed by Article 36 of the 2017 ICC Arbitration Rules, which reads: “Article 36: Correction and Interpretation of the Award; Remission of Awards 1) On its own […]

Filed Under: Arbitration Award, Arbitration Rules, ICC Arbitration

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Recommended Links

  • International Centre for Dispute Resolution (ICDR)
  • International Centre for the Settlement of Investment Disputes (ICSID)
  • International Chamber of Commerce (ICC)
  • London Court of International Arbitration (LCIA)
  • SCC Arbitration Institute (SCC)
  • Singapore International Arbitration Centre (SIAC)
  • United Nations Commission on International Trade Law (UNCITRAL)
  • Vienna International Arbitration Centre (VIAC)

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