Home / Archive 2025 / “The Price of Justice: Rethinking Costs in Arbitration” – Are arbitration costs out of control? Exploring allocation, discipline, and best practices.
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Join us at VIAC’s event in collaboration with ArbAUT during the 2025 Paris Arbitration Week. This dynamic panel will bring together leading practitioners and arbitrators to explore the evolving landscape of cost decisions in arbitration. Panelists will unpack key cost principles, debate potential reforms, and VIAC will introduce “Practice Note for Decision on Costs in Arbitral Awards”, a practice note aimed at promoting consistency in cost decisions.
For arbitrators and counsel, the panel will explore practical challenges and strategic considerations in managing costs in arbitration. Discussions will cover key topics, including cost allocation and the discretion of arbitrators, as well as strategic approaches for counsel. The panel will also provide practical tips on effective cost management, examine evolving standards and best practices for security for costs, and address when arbitrators should penalise party misconduct. Additionally, it will consider the recoverability of costs and the essential elements of writing clear and well-reasoned cost decisions.
Host Speakers
Niamh LEINWATHER
Secretary General
VIAC – Vienna International Arbitral Centre
Guest Speakers
Stefan RIEGLER
Partner
Wolf Theiss
Alice FREMUTH-WOLF
Counsel
PARAGON Advocacy
Veit ÖHLBERGER
Partner
DORDA Rechtsanwälte GmbH
Nadia DARWAZEH
Partner, Head of Arbitration Paris
Clyde & Co
Gaëlle FILHOL
Partner
Pinsent Masons LLP
Natalia ALENKINA
Associate Professor, Arbitrator and Counsel
American University of Central Asia
Venue
Cercle de l’Union Interalliée
33, rue du Faubourg Saint-Honoré
75008 Paris
Information :
Access : Métro station Concorde; Parking: Concorde, Madeleine, Malesherbes; Dress Code: We would like to remind you that for Members and their guests a jacket and tie are mandatory for men in the salons, bar, dining room restaurant and the garden (jeans not being city wear).
Registration for this event is now closed.
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<div class="page-header">\n <div class="event-category">\n [Academic]\n </div>\n <h1>"The Price of Justice: Rethinking Costs in Arbitration" - Are arbitration costs out of control? Exploring allocation, discipline, and best practices.</h1>\n <div class="event-terms">\n <a class="theme" href="https://parisarbitrationweek.preprod.online/theme/commercial-arbitration/">\n #Commercial arbitration\n </a>\n <a class="theme" href="https://parisarbitrationweek.preprod.online/theme/investment-arbitration/">\n #Investment arbitration\n </a>\n <a class="region" href="https://parisarbitrationweek.preprod.online/region/cee-cis-russia/">\n #CEE/CIS/Russia\n </a>\n <a class="region" href="https://parisarbitrationweek.preprod.online/region/europe/">\n #Europe\n </a>\n </div>\n</div>\n\n<div class="event-details is-hidden-desktop">\n <div class="event-date">Wednesday 9 April 2025</div>\n\n\n\n <div></div>\n\n\n <div class="event-time">12:30 to 14:30</div>\n\n\n <div class="entry-sharer ">\n <div class="share-container">\n <button\n aria-label="Partager"\n class="share-button"\n data-title="“The Price of Justice: Rethinking Costs in Arbitration” – Are arbitration costs out of control? 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This dynamic panel will bring together leading practitioners and arbitrators to explore the evolving landscape of cost decisions in arbitration. Panelists will unpack key cost principles, debate potential reforms, and VIAC will introduce “Practice Note for Decision on Costs in Arbitral Awards”, a practice note aimed at promoting consistency in cost decisions.</p>\n<p>For arbitrators and counsel, the panel will explore practical challenges and strategic considerations in managing costs in arbitration. Discussions will cover key topics, including cost allocation and the discretion of arbitrators, as well as strategic approaches for counsel. The panel will also provide practical tips on effective cost management, examine evolving standards and best practices for security for costs, and address when arbitrators should penalise party misconduct. Additionally, it will consider the recoverability of costs and the essential elements of writing clear and well-reasoned cost decisions.</p>\n\n </div>\n
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