QUICK PRICE RANGE CHECK

What type of terms of appointment may an arbitrator offer?

The terms of appointment of an arbitrator will typically include

1. Description of the dispute to be resolved

2. confirmation of the arbitrator’s jurisdiction

3. reference to the arbitration agreement under which the arbitrator is to be appointed

4. a declaration of independence and impartiality

5. statement of availability

6. the basis of remuneration and arrangements for payments of fees and expenses on account.

The terms of remuneration may be

(i) fixed fee

(ii) hourly rates for time spent

(iii) based on a % of the value of the dispute

(iv) a mixture of the above

The arbitrator should also include provision for a cancellation fee and make arrangements for payment in the event the matter settles before a final award is given.

QUICK PRICE RANGE CHECK

 
Thailand Lawyers - Bangkok & Phuket Hughes Krupica

BANGKOK OFFICE
Hughes Krupica Consulting
(Bangkok) Co. Ltd
4/F, Unit 1402, GP House
572 Soi Ladprao 112
Plabpla, Wangthonglang
Bangkok 10310

Thailand Lawyers - Bangkok & Phuket Hughes Krupica

PHUKET OFFICE
Hughes Krupica Consulting Co. Ltd
23/123-5 Moo 2 Kohkaew Plaza
The Phuket Boat Lagoon
T. Kohkaew Amphoe Muang
Phuket 83000 Thailand

Newsletter Signup Recieve legal updates + Firm information
(generally no more then 2 emails per week)
Copyright © Hughes Krupica 2019 All rights reserved.