
The rise of security for costs
Dippy Singh
,
The first arbitration termination under ICSID’s security for costs rule has sparked furious debate over the fairness of the decision. CDR explores the impact of the ruling and how different arbitral institutions are handling these requests from defendants.
A claim brought by Venezuelan businessman José Alejandro Hernández Contreras against Costa Rica – arising out of the non-renewal of a contract between the Costa Rican Institute of Electricity and the claimant’s telecommunications comp
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Author(s)
Dippy Singh
Tags
Aishwarya Nair Arbitration Arbitration Institute of the Stockholm Chamber of Commerce ATE insurance Boies Schiller Flexner Charles Russell Speechlys Clarissa Coleman DAC Beachcroft Hope Services LLC v Republic of Cameroon ICC International Court of Arbitration ICSID ICSID Additional Facility Rule 63(6) Investor-state disputes José Alejandro Hernández Contreras v Costa Rica London Court of International Arbitration Millie Bailey Patrick Gearon RSM v Saint Lucia Security for costs Tim Smyth United Kingdom
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