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SCC Arbitration Institute Explores Security for Costs in International Arbitration

Kluwer Arbitration

Security for costs –– a balancing act Following welcome remarks from Caroline Falconer, Secretary General of the SCC, Dr Baltag introduced the topic of security of costs as being one of the timely topics currently addressed in international arbitration. Stockholm University and member of the Board of the SCC.

Balance 52
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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart Public Procurement Can Contribute to Marofiscal Stability Smart public procurement spending can be a critical area for improving fiscal balances because it can improve the effectiveness of public expenditure by reducing waste. Better fiscal balances will contribute to greater macroeconomic stability.

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Navigating Exequatur: The Pro-Arbitration Stance of the Amsterdam Court of Appeal

Kluwer Arbitration

The present decision suggests that the Court applies a (slightly) higher threshold for its domestic territorial jurisdiction than for its international jurisdiction. The Court further held that a balancing of the interests did not lead to a different result. This decision is interesting as previous case law (para.

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Navigating Turbulent Skies: Enforcement of Arbitral Awards in Curaçao

Kluwer Arbitration

These grounds typically include lifting: against having procured sufficient security for the creditor’s claim; when formalities have been neglected; when the attachment is manifestly unnecessary; when the claim for which the attachment is levied is evidently without merit; or when a balancing of interest weighs in favor of lifting.

Balance 52
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2024 PAW: Sports Law and the Upcoming Olympics – What Role for Arbitration?

Kluwer Arbitration

decisions made by referees or umpires or juries), unless there are fraud or corruption allegations, but this is a high threshold to reach. Provisional measures can be awarded, applying the classic criteria in arbitration of risk of irreparable harm, chances of success and balance of the parties’ interests.

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Kluwer Arbitration ITA Arbitration Report, Volume No. XXII, Issue No. 5 (May 2023)

Kluwer Arbitration

To rule on Forbes IP’s petition, the Court applied the China Trade test which requires the movant to pass two threshold requirements and prevail on the balancing of five discretionary factors. Mexico and New York) and because Forbes IP’s anti-suit injunction would be dispositive of the Mexico Injunction.

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The Contents of Arbitration: The International Journal of Arbitration, Mediation and Dispute Management, Volume 89, Issue 4 (2023)

Kluwer Arbitration

All this is to be balanced with the desire and right of the claimant to have its claim resolved. However, there remains a lack of clarity as to the threshold of proportionality applied. The article suggests that challenges to LDs under English law have become more difficult.