Lisbon Court of Appeal
Date: 04-12-2014
Case Nr. 1181/14.1YRLSB.L1-6
LINK DGSI
Headline: Arbitral tribunals are prevented from fixing fees manifestly disproportionate to the service they provide.
Summary:
Notwithstanding the economic value of the interests in dispute, the total amount of € 18,000 fixed as fees of the members of the arbitral tribunal is disproportionate in view of the simplicity of the procedure, the lack of evidence production, the uncontested nature of the action, and the insignificant work carried out by the tribunal.
This case summary was kindly prepared by Sameer Thakur (sameerthakur@live.in, NALSAR University of Law), Rishabh Raheja, (rishabharaheja@gmail.com, NALSAR University of Law), and Abhishek Babbar (abhishekbabbar1996@gmail.com).