SCC Arbitration Institute Explores Security for Costs in International Arbitration
Kluwer Arbitration
NOVEMBER 16, 2024
The parties’ “war chests” and ever escalating party costs raise questions of equality of arms in the proceedings and affect their willingness to enter into settlement negotiations as well as the terms of such settlement. This finding reflects the exceptional nature of a grant of security for costs and the high threshold applied by tribunals.
Let's personalize your content