CONDITIONS OF SECURITY FOR COSTS ORDER IN INTERNATIONAL COMMERCIAL ARBITRATION

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ANSARI AZAM; MABOUDI NEISHABOURI REZA

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Journal: PRIVATE LAW STUDIES Year:2019 | Volume:49 | Issue:2 Page(s): 177-195

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Information Journal Paper

Title

CONDITIONS OF SECURITY FOR COSTS ORDER IN INTERNATIONAL COMMERCIAL ARBITRATION

Author(s)

ANSARI AZAM | MABOUDI NEISHABOURI REZA | Issue Writer Certificate

Keywords

Arbitration CostsQ2

DefendantQ2

Frivolous ClaimQ1

Measure InterimQ1

Procedural RulesQ1

Abstract

Nowadays, security for costs order to prevent Frivolous Claims has been recognized in most national and arbitral institutions laws. Nevertheless, Iran’ s International Commercial Arbitration Act like Uncitral Model Law, 1985, has not mentioned it and so it has resulted in some questions in possibility and conditions to order it in arbitrations covered this law. This study through a descriptive analytical and also comparative method provides clear meaning for security for costs order and address its possibility and conditions to order it under Iran Law. The essay shows that although it is possible to order this provisional measure, the conditions for awarding it should access with regard to lex mercatoria. Other procedural ambiguities are resolved referring to applicable rules on Measure Interims.

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APA: Copy

ANSARI, AZAM, & MABOUDI NEISHABOURI, REZA. (2019). CONDITIONS OF SECURITY FOR COSTS ORDER IN INTERNATIONAL COMMERCIAL ARBITRATION. PRIVATE LAW STUDIES, 49(2 ), 177-195. SID. https://sid.ir/paper/125067/en

Vancouver: Copy

ANSARI AZAM, MABOUDI NEISHABOURI REZA. CONDITIONS OF SECURITY FOR COSTS ORDER IN INTERNATIONAL COMMERCIAL ARBITRATION. PRIVATE LAW STUDIES[Internet]. 2019;49(2 ):177-195. Available from: https://sid.ir/paper/125067/en

IEEE: Copy

AZAM ANSARI, and REZA MABOUDI NEISHABOURI, “CONDITIONS OF SECURITY FOR COSTS ORDER IN INTERNATIONAL COMMERCIAL ARBITRATION,” PRIVATE LAW STUDIES, vol. 49, no. 2 , pp. 177–195, 2019, [Online]. Available: https://sid.ir/paper/125067/en

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