Lex Mercatoria

www.lexmercatoria.org

www.jus.uio.no/lm

  toc   scroll    txt   pdf   pdf    odt    A-Z  Document Manifest   home 
<< previous TOC next >>
< ^ >

LCIA Arbitration Rules
(adopted to take effect from 1 January 1998, that is, for arbitrations commencing on or after 1 January 1998)

[Preamble]

Article 1 - The Request for Arbitration

Article 2 - The Response

Article 3 - The LCIA Court and Registrar

Article 4 - Notices and Periods of Time

Article 5 - Formation of the Arbitral Tribunal

Article 6 - Nationality of Arbitrators

Article 7 - Party and Other Nominations

Article 8 - Three or More Parties

Article 9 - Expedited Formation

Article 10 - Revocation of Arbitrator's Appointment

Article 11 - Nomination and Replacement of Arbitrators

Article 12 - Majority Power to Continue Proceedings

Article 13 - Communications between Parties and the Arbitral Tribunal

Article 14 - Conduct of the Proceedings

Article 15 - Submission of Written Statements and Documents

Article 16 - Seat of Arbitration and Place of Hearings

Article 17 - Language of Arbitration

Article 18 - Party Representation

Article 19 - Hearings

Article 20 - Witnesses

Article 21 - Experts to the Arbitral Tribunal

Article 22 - Additional Powers of the Arbitral Tribunal

Article 23 - Jurisdiction of the Arbitral Tribunal

Article 24 - Deposits

Article 25 - Interim and Conservatory Measures

Article 26 - The Award

Article 27 - Correction of Awards and Additional Awards

Article 28 - Arbitration and Legal Costs

Article 29 - Decisions by the LCIA Court

Article 30 - Confidentiality

Article 32 - General Rules

Article 31 - Exclusion of Liability

Recommended Arbitration Clauses

Future Disputes

Existing Disputes

Endnotes

Endnotes

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

LCIA Arbitration Rules - (adopted to take effect from 1 January 1998)

London Court of International Arbitration (LCIA)

copy @ Lex Mercatoria

LCIA Arbitration Rules
(adopted to take effect from 1 January 1998, that is, for arbitrations commencing on or after 1 January 1998)

Article 28 - Arbitration and Legal Costs

28.1 The costs of the arbitration (other than the legal or other costs incurred by the parties themselves) shall be determined by the LCIA Court in accordance with the Schedule of Costs. The parties shall be jointly and severally liable to the Arbitral Tribunal and the LCIA for such arbitration costs.

28.2 The Arbitral Tribunal shall specify in the award the total amount of the costs of the arbitration as determined by the LCIA Court. Unless the parties agree otherwise in writing, the Arbitral Tribunal shall determine the proportions in which the parties shall bear all or part of such arbitration costs. If the Arbitral Tribunal has determined that all or any part of the arbitration costs shall be borne by a party other than a party which has already paid them to the LCIA, the latter party shall have the right to recover the appropriate amount from the former party.

28.3 The Arbitral Tribunal shall also have the power to order in its award that all or part of the legal or other costs incurred by a party be paid by another party, unless the parties agree otherwise in writing. The Arbitral Tribunal shall determine and fix the amount of each item comprising such costs on such reasonable basis as it thinks fit.

28.4 Unless the parties otherwise agree in writing, the Arbitral Tribunal shall make its orders on both arbitration and legal costs on the general principle that costs should reflect the parties' relative success and failure in the award or arbitration, except where it appears to the Arbitral Tribunal that in the particular circumstances this general approach is inappropriate. Any order for costs shall be made with reasons in the award containing such order.

28.5 If the arbitration is abandoned, suspended or concluded, by agreement or otherwise, before the final award is made, the parties shall remain jointly and severally liable to pay to the LCIA and the Arbitral Tribunal the costs of the arbitration as determined by the LCIA Court in accordance with the Schedule of Costs. In the event that such arbitration costs are less than the deposits made by the parties, there shall be a refund by the LCIA in such proportions as the parties may agree in writing, or failing such agreement, in the same proportions as the deposits were made by the parties to the LCIA.


  toc   scroll    txt   pdf   pdf    odt    A-Z  Document Manifest   home 
<< previous TOC next >>
< ^ >

Lex Mercatoria -->

( International Trade/Commercial Law & e-Commerce Monitor )

W3 since October 3 1993
1993 - 2010

started @The University of Tromsø, Norway, 1993
hosted by The University of Oslo, Norway, since 1998
in fellowship with The Institute of International Commercial Law,
Pace University, White Plains, New York, U.S.A.

Disclaimer!

© 

Ralph Amissah




Lex Mercatoria