THE DEFENDANT'S REFUSAL TO PAY THE ADVANCE ON THE ARBITRATION COSTS. IDENTIFYING THEORETICALLY GROUNDED SOLUTIONS FOR THE CONTINUATION OF THE ARBITRATION
THE DEFENDANT'S REFUSAL TO PAY THE ADVANCE ON THE ARBITRATION COSTS. IDENTIFYING THEORETICALLY GROUNDED SOLUTIONS FOR THE CONTINUATION OF THE ARBITRATION
Author(s): Tudor-Alexandru ChiuariuSubject(s): International Law
Published by: Österreichische Nationalbibliothek Wien/ Österreichisch-Rumänischer Akademischer Verein
Keywords: arbitration; costs; ICC Rules;
Summary/Abstract: One of the circumstances that prevent the completion of arbitration is the tactic used by the defendant to refuse payment of the advance on arbitration costs, in which case this obligation rests with the claimant, and if he does not pay the defendant’s share the arbitration comes to a standstill. This article analyzes theoretically grounded solutions to overcome this situation and how these are reflected in the case law.
Journal: Conferința Internațională Educație și Creativitate pentru o Societate Bazată pe Cunoaștere - DREPT
- Issue Year: VIII/2014
- Issue No: VIII
- Page Range: 48-52
- Page Count: 5
- Language: English