Lisbon Court of Appeal
Date: 01-07-2014
Case Nr. 200/14.6YRLSB-7
LINK DGSI
Headline:
Complexity of the case, time consumed, (and other) factors must be considered when fixing the arbitrator’s fees.
Summary:
- When fixing the arbitrators’ fees, it is necessary to consider that this is a proceeding in which issues of high complexity are discussed, involving large amounts of assets and the time to be spent may exceed twelve months.
- Therefore, the amount of fees payable must comply with rules of proportionality between the amount paid and the work done.
- The fact that the proceedings have not been contested, reasonably allows for a reduction of the tasks required from the members of the Arbitral 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).