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International court of arbitration

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › International court of arbitration

  • This topic has 2 replies, 2 voices, and was last updated 8 years ago by AvatarMikeLittle.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • July 2, 2017 at 12:46 pm #394523
    AvatarAnonymous
    Inactive
    • Topics: 2
    • Replies: 0
    • ☆

    good morning sir,
    i have a question regarding the ICA
    Does the ICA fixes arbitrators’ fees?
    Thankyou

    July 2, 2017 at 5:13 pm #394543
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    That’s one of their roles, yes. I assume that this is the case where the ICA itself appoints the arbitrator

    But if an arbitrator appointed by the two parties charges a fee and the two parties are not happy, they may appeal to the ICA to try for a review of the fee being charged

    OK?

    July 2, 2017 at 5:13 pm #394544
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    That’s one of their roles, yes. I assume that this is the case where the ICA itself appoints the arbitrator

    But if an arbitrator appointed by the two parties charges a fee and the two parties are not happy, they may appeal to the ICA to try for a review of the fee being charged

    OK?

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘International court of arbitration’ is closed to new replies.

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