SCC Practice: Arbitration Costs in Settled Cases

An article by SCC Legal Counsel Sukma Andrina reviews arbitration costs when the parties decide to settle their case, after the case has been referred to the Arbitral Tribunal.

The article gives an overview and summary of the SCC arbitration procedure, provides general principles on arbitration costs under the SCC Rules and summarizes a number of different types of cases during the period 1 January 2005 – 31 July 2014 where the parties decided to enter into a settlement.

The aim of the article is to illustrate how decisions on final arbitration costs relate to the point during the arbitration proceeding when the parties reach their settlement.

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