Sentences with phrase «valorem fee scale»

Below are the mean and median costs of 56 arbitrations in which the arbitral tribunal was paid by hourly rate and those of 6 arbitrations in which the arbitral tribunal was paid by reference to an ad valorem fee scale.

Under the Rules, parties have the option of paying arbitral tribunals» fees by hourly rate (capped at HK$ 6,500 or approximately US$ 830) or by reference to an ad valorem fee scale.