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Cost allocation in investment arbitration: Back toward diversification

Baiju S. Vasani and Anastasiya Ugale

No 100, Columbia FDI Perspectives from Columbia University, Columbia Center on Sustainable Investment (CCSI)

Abstract: Some investment arbitration tribunals in the recent years have opined in favor of establishing a single default cost allocation rule based on the parties' relative success in arbitration. The effect of such a default rule, however, might not necessarily resonate with the policy goals of various arbitration fora, ICSID in particular, and calls for harmonization should be reconsidered.

Date: 2013
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