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A Guide to the LCIA Arbitration Rules by Turner, Peter; Mohtashami, Reza (19th March 2009)

8 Costs (Articles 24 and 28)

From: A Guide to the LCIA Arbitration Rules

Peter Turner, Reza Mohtashami

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 22 August 2019

Subject(s):
Costs and expenses — Awards — Correction of award — UNCITRAL Arbitration Rules
8.01 With regard to costs, the LCIA Rules continue their slightly disconcerting pattern of separating provisions dealing with related issues throughout the body of the Rules. In this case, Articles 24 and 28 contain the relevant provisions relating to the costs of the arbitration and the deposits to be made by the parties to the LCIA on account thereof. Articles 24 and 28 are separated, however, by provisions dealing with interim and conservatory measures ( Article 25 ) and those relating to the form, content, and issuance of awards and their correction ( Articles...
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