Time and Compromise in UNCITRAL’s Working Group III
During the week of 22 September 2025, States once again met in Vienna under Working Group III (WGIII)...
This Perspective on cost-allocation in investment arbitration argues that the “relative success” approach to cost allocation is dominant but is frequently misapplied in practice, and that there is a need for guidance on costs in the ICSID arbitration rules.
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