Herbert Smith Freehills reviews an ICSID tribunal’s rejection of a State’s application for security for costs in circumstances in which the other party had third-party funding in the form of ATE insurance which specifically provided for cover of the State’s costs.
About Phillip Rompotis
Phillip practices as a barrister and arbitrator in Hong Kong. He has over 25 years’ litigation and arbitration experience in commercial disputes relating to construction & engineering, financial services, joint venture & shareholders agreements, technology, trusts, property and landlord & tenant. He is a Fellow of the Chartered Institute of Arbitrators, the Singapore Institute of Arbitrators, the Malaysian Institute of Arbitrators, and a member of various lists/panels of arbitrators.View