Costs in International Commercial Arbitration

This comprehensive book explains how the costs of international commercial arbitration are determined, paid and apportioned between the parties in a dispute. The chapters analyse various arbitration rules and arbitration laws from multiple jurisdictions, highlighting both common approaches and differences in theory and practice. The book also addresses current developments, such as the growing use of third-party funding. Key Features:Adopts a comparative and cross-jurisdictional perspectiveIdentifies key principles that can make arbitration cost decisions fairer and more consistentExplores issues such as impecuniosity, security for costs, and other factors which can pose barriers to parties accessing arbitrationExplains how and why procedural costs arise and how they are paid, as well as how they are apportioned between the partiesProvides a systematic examination of the different types of costs that arise in international commercial arbitration, including legal fees, tribunal costs, institutional fees, and other related expenses.Costs in International Commercial Arbitration is a valuable resource for arbitration practitioners and legal professionals seeking detailed and actionable insights into costs in international commercial disputes. It will also benefit policymakers and institutions looking to enhance transparency and consistency in arbitration frameworks, alongside students and scholars researching dispute resolution.