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Lisbon Court of Appeal | Arbitrators’ Fees | 15-01-2015 | Case #065

Lisbon Court of Appeal
Date: 15-01-2015
Case Nr. 1362/14.8YRLSB.L1-8
LINK DGSI

Headline:

The amount of the arbitrators’ fees shall be calculated in proportion to the complexity of the award and the time spent during the proceedings.

 

Summary:

The fact that the arbitral proceedings were not contested and the subsequent reduction in both the complexity of the award and the time involved in the proceedings, shall lead to a pro rata reduction of the arbitrators’ fees.