TITLE

COSTS IN INTERNATIONAL COMMERCIAL ARBITRATION

AUTHOR(S)
Smith, Murray L.
PUB. DATE
February 2001
SOURCE
Dispute Resolution Journal;Feb-Apr2001, Vol. 56 Issue 1, p30
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the principles underlying the award of costs in international arbitration, as well as the common approach in allowing legal fees and other expenses of the parties to be covered by an award. In relation to this, the author has discussed the legal principle on cost jurisdiction, and has explained further how costs are usually confined to out-of-pocket disbursements, and not to cover attorney fees. He has also emphasized that in modern arbitration the authority to order costs is not confined by laws or statutes other than the applicable arbitration statute. His discussion on how arbitrator in an international case is similarly situated to the approach of a court in equity than a court governed by common law concludes the article.
ACCESSION #
4216022

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics