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You are here: Home / Archives for Security for Costs in Arbitration

Security for Claims in International Arbitration – Preble-Rish Haiti v. BMPAD

28/08/2021 by International Arbitration

Security for payment international arbitration

In international arbitration, security for claims, also called security for payment,[1] belongs to a category of interim or provisional measures that can be sought prior to the issuance of the final award. If granted by the arbitral tribunal, it consists in “a kind of advance payment designated to guarantee the payment and/or enforcement of the […]

Filed Under: Enforcement of Arbitration Award, Security for Costs in Arbitration

Aceris Secures USD 19 Million ICC Arbitration Award for North American Client, Wards Off USD 131 Million in Counterclaims

25/10/2017 by International Arbitration

Aceris Law has secured another highly favourable international arbitration award, obtaining an arbitration award in excess of USD 19 million on behalf of a North American client, while warding off counterclaims in excess of USD 131 million. The final award in the ICC arbitration was rendered in October 2017. It concerned an engineering, design, procurement […]

Filed Under: FIDIC Arbitration, ICC Arbitration, Interim Measures, Security for Costs in Arbitration

Judgment-Proof Claimants in ICSID Arbitration

07/11/2016 by International Arbitration

The issue of judgment-proof claimants in ICSID arbitration has recently been a focus of attention. As a matter of fact, the Republic of Panama sent a memorandum to ICSID on 12 September 2016, available below, exposing the difficulties of sovereigns being unable to collect costs awards in their favour and requesting the ICSID to examine […]

Filed Under: Arbitration Award, ICSID Arbitration, Investor State Dispute Settlement, Panama Arbitration, Security for Costs in Arbitration, State Responsibility

Third Party Funding Is Being Regulated

03/03/2016 by International Arbitration

For the first time an International Investment Agreement (IIA) is about to include an express reference to third party funding. The draft Free-Trade Agreement (FTA) between the European Union (EU) and Vietnam is paving the way for regulating third party funding in treaties. This regulation effort occurs in a context of booming of third party funding […]

Filed Under: Arbitration Information, Arbitration Procedure, Bolivia Arbitration, ICSID Arbitration, Investor State Dispute Settlement, PCA Arbitration, Security for Costs in Arbitration, Third-Party Funding, United States Arbitration

Third-Party Funding In Asia

11/08/2015 by International Arbitration

What Is International Arbitration

Recently, a client asked whether third-party funding was legal in Asia. Jana Karam helpfully compiled the following information, which shows that third-party funding is permissible in the vast majority of jurisdictions, but not in China or Singapore, where it is clearly not allowed. Below is a review of the current status of third-party funding in […]

Filed Under: Arbitration Award, Arbitration Damages, Arbitration Jurisdiction, Arbitration Procedure, Bhutan Arbitration, Brunei Arbitration, Cambodia Arbitration, China Arbitration, Hong Kong Arbitration, India Arbitration, Indonesia Arbitration, Intellectual Property Arbitration, Japan Arbitration, Jurisdiction, Malaysia Arbitration, Myanmar Arbitration, New Zealand Arbitration, North Korea Arbitration, Security for Costs in Arbitration, Singapore Arbitration, South Korea Arbitration, Taiwan Arbitration, Thailand Arbitration, Third-Party Funding

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ICSID Expedited Arbitration

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  • United Nations Commission on International Trade Law (UNCITRAL)
  • Vienna International Arbitration Centre (VIAC)

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