security for costs

- депозит, аванс для покрытия расходов, см. costs. party representation costs, arbitration costs. Сторона или стороны могут быть обязаны внести авансы (как правило, для покрытия arbitration costs.) путем уплаты денежных сумм на указываемый им счет (см. advance on costs) или путем предоставления банковской гарантии. Если были внесены денежные авансы, в арбитражном решении состав арбитража должен распорядиться судьбой этих денежных средств. Например, если аванс был внесен истцом, который выиграл дело, а ответчик свою долю аванса внести отказался и за него это сделал истец, в арбитражном решении указывается, что ответчик помимо причитающихся истцу сумм, связанных с существом спора, обязан также возместить истцу сумму внесенного последним аванса для покрытия арбитражных расходов, с начислением процентов за время проведения разбирательства на ту его половину, которую должен был внести ответчик.

Glossary of international commercial arbitration. 2013.

Look at other dictionaries:

  • Security for costs — is a common law legal concept of application only in costs jurisdictions, and is an order sought from a court in litigation.The general rule in costs jurisdiction is that costs follow the event . In other words, the loser in legal proceedings… …   Wikipedia

  • security for costs — security for costs: security sometimes required of a party to litigation in order to assure payment of expenses Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. security for costs …   Law dictionary

  • security for costs — A bond, undertaking, or deposit required of a plaintiff to secure the payment of costs in the action or the unpaid costs of a prior action. 20 Am J2d Costs §§ 37 et seq …   Ballentine's law dictionary

  • security for costs — an undertaking often required by a court of a nonresident plaintiff to pay the costs of litigation in event of an adverse result …   Useful english dictionary

  • bond for costs — See security for costs …   Ballentine's law dictionary

  • undertaking for costs — See security for costs …   Ballentine's law dictionary

  • Costs (English law) — Costs is a term of art in civil litigation in English law (the law of England and Wales), and in other Commonwealth jurisdictions. After judgment has been given, the judge has the power to order who will pay the lawyers fees and other… …   Wikipedia

  • security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also …   Law dictionary

  • costs — A pecuniary allowance, made to the successful party (and recoverable from the losing party), for his expenses in prosecuting or defending an action or a distinct proceeding within an action. In federal courts, costs are allowed as a matter of… …   Black's law dictionary

  • costs — A pecuniary allowance, made to the successful party (and recoverable from the losing party), for his expenses in prosecuting or defending an action or a distinct proceeding within an action. In federal courts, costs are allowed as a matter of… …   Black's law dictionary

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