Comparative Guides
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Results: 4 Answers
International Arbitration
10.
Costs
10.1
How will the tribunal approach the issue of costs?
 
Slovakia
The arbitral tribunal may decide on the costs of the arbitration in a separate award, after it has rendered the final award.

Unless otherwise determined by the arbitral tribunal, the costs of the arbitral proceedings shall include (without limitation):

  • disbursements of the parties and their legal representatives;
  • costs of taking evidence;
  • fees of the arbitral proceedings;
  • remuneration paid to the arbitral tribunal and its disbursements;
  • remuneration paid to experts;
  • remuneration paid to interpreters; and
  • remuneration paid to representatives.
For more information about this answer please contact: Michal Lučivjanský from Schoenherr Attorneys at Law
10.2
Are there any restrictions on what the parties can agree in terms of costs in an arbitration seated in your jurisdiction?
 
Slovakia
There are no restrictions on what the parties may agree in terms of costs and their recovery.

For more information about this answer please contact: Michal Lučivjanský from Schoenherr Attorneys at Law