Default in payment of the advance on costs in ICSID arbitration

This paper examines the consequences of the respondent's default in payment of the advance on costs in investment arbitration administered by the ICSID. First, it explores the consequences of the respondent's default pursuant to other arbitration rules also used in investment arbitration....

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Main Author: Stanivuković Maja D.
Format: Article
Language:English
Published: University of Novi Sad, Faculty of Law 2019-01-01
Series:Zbornik Radova: Pravni Fakultet u Novom Sadu
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2019/0550-21791903757X.pdf
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spelling doaj-f240589581e745a4b974bc30a489a6fc2020-11-25T04:05:12ZengUniversity of Novi Sad, Faculty of LawZbornik Radova: Pravni Fakultet u Novom Sadu0550-21792406-12552019-01-015337577840550-21791903757XDefault in payment of the advance on costs in ICSID arbitrationStanivuković Maja D.0University of Novi Sad, Faculty of Law, Novi Sad, SerbiaThis paper examines the consequences of the respondent's default in payment of the advance on costs in investment arbitration administered by the ICSID. First, it explores the consequences of the respondent's default pursuant to other arbitration rules also used in investment arbitration. Then it examines the possibilities for an arbitral tribunal in ICSID proceedings to award the claimant the substitute payment it made for the respondent in a decision or order prior to the final award. Finally, the paper discusses the possibility for the tribunal to take into account the respondent's default by apportioning costs in the final award.https://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2019/0550-21791903757X.pdfarbitrationicsidcosts of the proceedings
collection DOAJ
language English
format Article
sources DOAJ
author Stanivuković Maja D.
spellingShingle Stanivuković Maja D.
Default in payment of the advance on costs in ICSID arbitration
Zbornik Radova: Pravni Fakultet u Novom Sadu
arbitration
icsid
costs of the proceedings
author_facet Stanivuković Maja D.
author_sort Stanivuković Maja D.
title Default in payment of the advance on costs in ICSID arbitration
title_short Default in payment of the advance on costs in ICSID arbitration
title_full Default in payment of the advance on costs in ICSID arbitration
title_fullStr Default in payment of the advance on costs in ICSID arbitration
title_full_unstemmed Default in payment of the advance on costs in ICSID arbitration
title_sort default in payment of the advance on costs in icsid arbitration
publisher University of Novi Sad, Faculty of Law
series Zbornik Radova: Pravni Fakultet u Novom Sadu
issn 0550-2179
2406-1255
publishDate 2019-01-01
description This paper examines the consequences of the respondent's default in payment of the advance on costs in investment arbitration administered by the ICSID. First, it explores the consequences of the respondent's default pursuant to other arbitration rules also used in investment arbitration. Then it examines the possibilities for an arbitral tribunal in ICSID proceedings to award the claimant the substitute payment it made for the respondent in a decision or order prior to the final award. Finally, the paper discusses the possibility for the tribunal to take into account the respondent's default by apportioning costs in the final award.
topic arbitration
icsid
costs of the proceedings
url https://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2019/0550-21791903757X.pdf
work_keys_str_mv AT stanivukovicmajad defaultinpaymentoftheadvanceoncostsinicsidarbitration
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