No. 3155820

Fees calculator for the Court of Arbitration of the Hamburg Chamber of Commerce

Before the Hamburg Chamber of Commerce will forward the claim to the Respondent, the Claimant shall pay a deposit amounting to the anticipated costs of the proceedings. The amount is based on the value in litigation and the number of arbitrators.
The amount in dispute is the value in monetary terms of the matter in dispute, e.g.: the sum of money which the Claimant is demanding from the Respondent; the value of an item which the Respondent is to surrender, or the amount of a loss. The number of arbitrators is normally geared to the amount in dispute. The Rules of the Court of Arbitration of the Hamburg Chamber of Commerce provide a solo arbitrator for an amount in dispute up to EUR 25,000.00 and three arbitrators for values above that. However, the parties can agree that in all cases only one or in all cases three arbitrators are to be appointed. If the dispute is submitted to a sole arbitrator, the costs of the arbitral proceedings and thus the amount of the security to be paid are reduced by one third.
The fees calculator determines the foreseeable amount of the security to be provided. However, the binding determination of the security sum is reserved to the Chamber of Commerce. A definitive and detailed breakdown is provided at the end of the proceedings.
For more details we refere to Art. 25 of the Rules of the Court of Arbitration of the Hamburg Chamber of Commerce.
Bitte Streitwert eingeben:
amount in dispute:
  Euro