In an ideal
case, arbitral tribunals cost significantly less than state
court proceedings. A speedy, straight-forward procedure,
together with a limited range of recourse options, helps
save time and money.
The cost of referring a case to the SGO is regulated by
the which forms an integral part of the . The fees applied in the case of an SGO arbitration
are in line with those of other institutional arbitral tribunals.
There are also various factors which can lower the cost
of a particular case. These include waiving your right to
receive the considerations which have led to the award,
authorising the arbitral tribunal to make an ex aequo et
bono decision, or opting for a single arbitrator).
We distinguish three fee categories: