Comparative Guides
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Results: 4 Answers
International Arbitration
10.
Costs
10.1
How will the tribunal approach the issue of costs?
 
Spain
Unless the parties have agreed otherwise, it will be up to the arbitrators to decide in the award on the costs of the arbitration, which will include the fees and expenses of the arbitrators and, where applicable:

  • the fees and expenses of counsel or representatives of the parties;
  • the cost of the services provided by the institution administering the arbitration; and
  • other expenses of the arbitration proceedings (Article 37.6 of the Arbitration Act).
For more information about this answer please contact: Pedro Moreira from SCA Legal Abogados and Consultores
10.2
Are there any restrictions on what the parties can agree in terms of costs in an arbitration seated in your jurisdiction?
 
Spain
No. Bearing in mind the regime foreseen by Article 37.6 of the Arbitration Act, the parties are free to agree in terms of costs without any restrictions.

For more information about this answer please contact: Pedro Moreira from SCA Legal Abogados and Consultores