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Dossier V: Interests, Auxiliary and Alternative Remedies

By ICC
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By ICC
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ICC Dossiers Volume 5

Arbitrators frequently face requests wrongly considered as being of incidental nature. Interest claims, in particular, raise delicate legal issues and may involve considerable amounts sometimes exceeding the main claim. In order to guarantee the quick and effective enforcement of awards, the arbitral practice is looking for new approaches, such as lump assessment, “clauses pénales” or judicial penalties (“astreintes”).

The Dossier V, Interest, Auxiliary and Altern...