UNCITRAL Arb UNCITRAL Arbitration Rules (2021)
UNCITRAL Arb
UNCITRAL Arbitration Rules (2021)
ZivilrechtZivilprozessrecht
Schiedsverfahrensrecht
- The costs of the arbitration shall in principle be borne by the unsuccessful party or parties. However, the arbitral tribunal may apportion each of such costs between the parties if it determines that apportionment is reasonable, taking into account the circumstances of the case.
- The arbitral tribunal shall in the final award or, if it deems appropriate, in any other award, determine any amount that a party may have to pay to another party as a result of the decision on allocation of costs.
Source: UNCITRAL
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for Art. 42 UNCITRAL Arb
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