25 Sep 16

Decisions on costs in International Arbitration

Beijing, China, • English

The ICC Commission on Arbitration and ADR’s Task Force on Decisions on Costs has realeased a new Report which was launched in December last year in Paris and then worldwide through various events.

Description

The ICC Commission on Arbitration and ADR’s Task Force on Decisions on Costs has released a new Report. This is the Commission’s latest initiative to ensure that ICC arbitration continues to be a viable and attractive form of dispute resolution for its users.

The objective of this report is to inform users how arbitral tribunals may allocate costs with a view to controlling time and costs effectively and to assist in creating fair, well-managed proceedings which meet the expectations of users.

The Report identifies ways in which tribunals and parties might use costs allocation powers to promote cost effective and efficient conduct of proceedings, clarifies the variety of considerations that tribunals take into account in assessing reasonableness and apportionment of costs, and discusses other costs issues arising out of third party funding, success fees and treatment of settlement offers. In compiling the Report, the Task Force examined costs allocation decisions made in arbitral awards arising out of the ICC International Court of Arbitration and eight other arbitral institutions, as well as the approaches taken in various national systems and laws. This research is included in Appendices to the Report.

Programme

08:30 – 09:00 Registration

09:00 – 09:10 Welcoming Remarks

09:10 – 09:20 An introduction to The Report and Background

09:20 – 09:35 Keynote Speech: Why Is It Important to Consider the Costs in international Arbitration

09:35 – 09:45 Introduction to the Facts of the Mock Case and Tasks of the Workshop

09:45 – 10:20 Group Session 1: Addressing Costs at Early Stage of Procedure – The Case Management Conference Component

10:20 – 10:55 Plenary Sessions 1

10:55 – 11:10 Coffee Break

11:10 – 11:45 Group Session 2 Reasoning on Costs – The Awards Component

11:45 – 12:20 Plenary Session 2

12:20 – 12:35 Coffee Break

12:35 – 12:55 Panel Commentaries on the Workshop

12:55 – 13:00 Closing Remarks

Speakers

Mingchao Fan

Director, Arbitration and ADR, North Asia, ICC, Shanghai

Shilin Huang

Partner, K&L Gates, Taipei

Kim Rooney

Arbitartion and Barrister, Gilt Chambers, Hong Kong

Ronald Sum

Chairman, Commission on Arbitration & ADR, ICC Hong Kong; Partner, Troutman Sanders, Hong Kong

Jingzhou Tao

Member, ICC International Court of Arbitration; Partner, Dechert LLP, Beijing

Christopher To

Executive Director, Construction Industry Council, Hong Kong

Ernest Yang

Head of Litigation & Regulatory Group, DLA Piper, Hong Kong

Logistial notes

Venue:
CIETAC Meeting Room
5th Floor, CCOIC Building
2 Huapichang Hutong, Xicheng District

Beijing, China

Working language:
English

How to register:
Please complete the registration form and RSVP to wenny.huang@iccasia.orgby 20 September 2016.

Due to the limited capacity, the registration will not be successful until confirmed by the organizer.