Comparative Guides
Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.
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Results: 4 Answers
International Arbitration
10.
Costs
10.1
How will the tribunal approach the issue of costs?
 
Italy
There are no binding legal provisions concerning costs. In normal circumstances, the tribunal will apply the rule that ‘costs follow the event’, unless there are reasons to apportion costs in a different manner. In practice, tribunals sitting in Italy often depart from this rule, either in full or in part.

For more information about this answer please contact: Gian Paolo Coppola from LCA Studio Legale
10.2
Are there any restrictions on what the parties can agree in terms of costs in an arbitration seated in your jurisdiction?
 
Italy
There are no restrictions on the agreement of the parties in terms of costs.

For more information about this answer please contact: Gian Paolo Coppola from LCA Studio Legale