INTERNATIONAL AND DOMESTIC ARBITRATION IN SWITZERLAND

Contents XXIV 9. Security for costs under Art.379 CCP ................................................593 III. The decision on costs................................................................................594 1. Authority and jurisdiction of the arbitral tribunal ...............................594 2. Assessment of arbitration costs ..........................................................594 3. Apportionment of arbitration costs .....................................................596 a. General principles ........................................................................596 b. Claim and order for reimbursement..............................................597 c. Allocation of arbitration costs in a termination order ...................597 4. Determination and allocation of party costs .......................................598 5. Interest on costs ..................................................................................600 6. Timing of the decision on costs ..........................................................601 7. Remedies against the decision on costs ..............................................601 Chapter 5 The Effects and Limits of Arbitral Awards..................................................603 § 25 Effects of the award ...........................................................................................603 I. Introduction ..............................................................................................603 II. Enforceability of the award.......................................................................604 1. General principles...............................................................................604 2. Effect of arbitral remedies ..................................................................605 3. Termination of pendency....................................................................605 III. Preclusive effect of the award ( res judicata ) ............................................605 1. Concept and significance....................................................................605 2. Commencement and termination........................................................606 3. Types of awards with res judicata effect............................................607 4. Scope and limits of res judicata under Swiss law...............................608 a. Identity of the subject-matter of the dispute .................................609 i. Identity of claims ..................................................................609 ii. Identity of facts .....................................................................610 b. Identity of the parties....................................................................611 c. Limitation of res judicata effect to the dispositive part................612 i. General principle...................................................................612 ii. Set-off claims........................................................................612 iii. Partial claims ........................................................................613 5. Consequences of res judicata .............................................................613 a. Swiss court v. Swiss award...........................................................613 b. Swiss court v. foreign award ........................................................614 c. Swiss arbitral tribunal v . Swiss judgment or award......................615 d. Swiss arbitral tribunal v . foreign court judgment..........................615 e. Swiss arbitral tribunal v . foreign award........................................616 6. Res judicata and public policy............................................................616 7. The ILA Report on Res Judicata and Arbitration ...............................617