SIAC Arb SIAC Arbitration Rules (2025)
SIAC Arb
SIAC Arbitration Rules (2025)
48.1 A party may apply to the Tribunal for an order that any party asserting a claim, counterclaim, or cross-claim provide security for legal costs and expenses and the costs of the arbitration.
48.2 If a party fails to comply with an order to provide such security, the Tribunal may make any consequential direction as appropriate.
48.3 A party shall promptly disclose any material change in the circumstances upon which the Tribunal has ordered security under Rule 48.1.
48.4 The Tribunal may, after considering the views of the parties, modify or revoke its order on security under Rule 48.1.
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