ARBITRATION COSTS
All sums are given in euro currency (EUR). Where the amount of a claim is set in another currency it shall be converted into EUR according to the official rate of the European Central Bank on the day of receiving the claim. All amounts are indicated excluding the value added tax (VAT) rate effective in LR, where VAT is to be added to the relevant costs.
AMOUNT OF CLAIM | ARBITRATION CHARGES | ARBITRATOR'S FEE for 1 arbitrator | ARBITRATOR'S FEE for 3 arbitrators (each) |
< 10’000 | 500 | 300 | 150 |
10'001 - 30'000 | 500 + 2,5% from the sum above 10,000 | 500 | 250 |
30'001 - 50'000 | 1000 + 1,5% from the sum above 30'000 | 750 | 375 |
50'001 - 100'000 | 1300 + 1% from the sum above 50'000 | 1000 | 500 |
100'001 - 500'000 | 1800 + 0,5% from the sum above 100'000 | 1500 | 750 |
500'001 - 1'000'000 | 3800 + 0,25% from the sum above 500'000 | 2500 | 1250 |
1'000'000< | 5050 + 0,1% from the sum above 1'000'000 | 4000 | 2000 |