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Considerations On The Cost Of Arbitration

Author

Listed:
  • Roxana Maria ROBA

    (PhD, Assistant at the Petru Maior University of Tirgu-Mures, Faculty of Economics, Law and Administrative Sciences, ROMANIA.)

Abstract

The expenses necessary for the unfolding arbitral process are generally higher than those incurred by the parties in the case of proceedings before national courts, reason for which arbitration is considered a "luxury justice". This study aims to analyze the content of the concept of costs within the international commercial arbitration, considering the provisions contained in the relevant regulations of the arbitration institutions and the opinions expressed by the Romanian and foreign legal literature but also by the relevant case law.

Suggested Citation

  • Roxana Maria ROBA, 2014. "Considerations On The Cost Of Arbitration," Curentul Juridic, The Juridical Current, Le Courant Juridique, Petru Maior University, Faculty of Economics Law and Administrative Sciences and Pro Iure Foundation, vol. 56, pages 100-105, March.
    • Handle: RePEc:pmu:cjurid:v:56:y:2013:p:100-105
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    File URL: http://www.upm.ro/facultati_departamente/ea/RePEc/curentul_juridic/rcj14/recjurid141_10F.pdf
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    More about this item

    Keywords

    arbitration costs; international commercial arbitration; arbitral tribunal.;
    All these keywords.

    JEL classification:

    • K49 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Other

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