Italy International Arbitration Comparative Guide

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International Arbitration

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10.

Costs

10.1

How will the tribunal approach the issue of costs?

Italy

LCA Studio Legale

Answer ... 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

LCA Studio Legale

Answer ... 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

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International Arbitration