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Article: Security For Costs In International Commercial Arbitration

TitleSecurity For Costs In International Commercial Arbitration
Authors
Keywordsinternational commercial arbitration
security for costs
Issue Date2005
PublisherKluwer Law International. The Journal's web site is located at http://www.wkap.nl/journalhome.htm/0255-8106
Citation
Journal of International Arbitration, 2005, v. 22 n. 3, p. 167-206 How to Cite?
AbstractIn this article, I present the existing legal rules surrounding security for costs in international arbitration by performing a representative survey of national arbitration laws and institutional rules of both common law and civil law jurisdictions, across legal regimes of different theoretical perspectives. I then turn to the effect of policy considerations on the evaluation of desirability of ordering security for costs, as well as the amount and the procedures of offering security for costs. Lastly, I review the experiences across the globe and argue that amid the global trend in favor of arbitration, there needs to be a more unified procedural regime across jurisdictions in security for costs to allow international commercial arbitration to evolve towards greater flexibility and efficiency while accounting for the commercial need of legal certainty.
Persistent Identifierhttp://hdl.handle.net/10722/74800
ISSN
SSRN

 

DC FieldValueLanguage
dc.contributor.authorGu, Wen_HK
dc.date.accessioned2010-09-06T07:04:59Z-
dc.date.available2010-09-06T07:04:59Z-
dc.date.issued2005en_HK
dc.identifier.citationJournal of International Arbitration, 2005, v. 22 n. 3, p. 167-206en_HK
dc.identifier.issn0255-8106en_HK
dc.identifier.urihttp://hdl.handle.net/10722/74800-
dc.description.abstractIn this article, I present the existing legal rules surrounding security for costs in international arbitration by performing a representative survey of national arbitration laws and institutional rules of both common law and civil law jurisdictions, across legal regimes of different theoretical perspectives. I then turn to the effect of policy considerations on the evaluation of desirability of ordering security for costs, as well as the amount and the procedures of offering security for costs. Lastly, I review the experiences across the globe and argue that amid the global trend in favor of arbitration, there needs to be a more unified procedural regime across jurisdictions in security for costs to allow international commercial arbitration to evolve towards greater flexibility and efficiency while accounting for the commercial need of legal certainty.-
dc.languageengen_HK
dc.publisherKluwer Law International. The Journal's web site is located at http://www.wkap.nl/journalhome.htm/0255-8106en_HK
dc.relation.ispartofJournal of International Arbitrationen_HK
dc.rightsJournal Of International Arbitration. Copyright © Kluwer Law International.en_HK
dc.subjectinternational commercial arbitration-
dc.subjectsecurity for costs-
dc.titleSecurity For Costs In International Commercial Arbitrationen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0255-8106&volume=22&spage=167&epage=206&date=2005&atitle=Security+For+Costs+In+International+Commercial+Arbitrationen_HK
dc.identifier.emailGu, W: guweixia@hku.hken_HK
dc.identifier.authorityGu, W=rp01249en_HK
dc.identifier.hkuros139845en_HK
dc.identifier.ssrn3078446-
dc.identifier.hkulrp2017/039-

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