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The Venice Court of National and International Arbitration

Standard VENCA Arbitration Clause

The Rules of The Venice Court of National and International Arbitration

Section One - Rules of General Application

Definitions

1. - Arbitration Agreement

2. - The powers of the Court

3. - Request for Arbitration

4. - Answer to the Request

5. - Communications prior to the Preliminary Conference

6. - The Secretariat of the Court

7. - Seat of the arbitration

8. - Language of the arbitration

9. - Law applicable to the merits

10. - Appointment by the Court of an Arbitrator

11. - Nationality of the Presiding arbitrator/s

12. - Number of arbitrators

13. - Independence and impartiality of Arbitrators

14. - Challenge procedure

15. - Replacement

16. - Jurisdiction

Section Two - Rules Applying to Ordinary Procedure

17. - Ordinary Procedure

18. - Preliminary Conference

19. - Hearings

20. - Communications after the Preliminary Conference

21. - Periods of time

22. - Evidence

23. - Default

24. - Closing of the hearing

25. - Time for rendering the Award

Section Three - The Award

26. - Decisions

27. - Form and effect of the award

28. - Custody of the records

29. - Interpretation of the award

30. - Correction of the award

31. - Administrative fee

32. - Fees of the Arbitrators

33. - Deposits

34. - Award of costs incurred by a Party

35. - Interpretation and application of the Rules

36. - Confidentiality of the existence of the arbitration

37. - Confidentiality of disclosures made during the arbitration

38. - Maintenance of confidentiality by the Court and Arbitrators

Section Four - Expedited Procedure

39. - Expedited Procedure

41. - Appointment of Arbitrator

42. - The hearing

43. - Time for rendering the award

SCHEDULE OF FEES

Fees

Registration fee
Administrative Fees
Arbitrators' Fees

ADDRESS

Address

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

The Venice Court of National and International Arbitration

Venice Court of National and International Arbitration

copy @ Lex Mercatoria

The Venice Court of National and International Arbitration

The Rules of The Venice Court of National and International Arbitration

Section Three - The Award

31. - Administrative fee

31.1 Registration by the Secretariat of the Request for arbitration is subjected to the payment to the Court of a registration fee. The amount of the registration fee is fixed in the Schedule of Fees applicable on the date on which the Request for Arbitration is received by the Court.

The registration fee is not refundable.

No action is taken by the Court on a Request for Arbitration until the registration fee has been paid.

31.2 The Court shall notify the Claimant of the amount of the administration fee as soon as possible after receipt of the Request for Arbitration. The administration fee is paid by the Claimant to the Court within 15 (fifteen) days after the request from the Secretariat. In the case of a counter-claim, an administration fee is paid by the Respondent to the Court within 15 (fifteen) days after request of the Secretariat made soon after the date on which the counter-claim is made.

31.3 The amount of the administration fee is calculated in accordance with the Schedule of Fees applicable on the date of commencement of the arbitration. Where a claim or counter-claim is increased, the amount of the administration fee may be increased in accordance with the Schedule of Fees applicable, and the increased amount is due by the Claimant or the Respondent, as the case may be.

31.4 If a Party fails, within 15 (fifteen) days after a second reminder in writing from the Secretariat, to pay any administration fee due, it shall be deemed to have withdrawn its claim or counter-claim, or its increase in claim or counter-claim, as the case may be. In a timely manner, the Tribunal informs the Court of the amount of the claim and any counter-claim, as well as of any increase thereof.

31.5 The Court may, in the event of proved extreme hardship of any Party, defer or reduce the administrative fees.


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