Volume I, s.2 Structure of the ICC, 10 Financing
Mahnoush H. Arsanjani
Edited By: Professor Antonio Cassese, Professor Paola Gaeta, Mr John R.W.D. Jones
Ad hoc international tribunals in the form of arbitral tribunals or claims commissions have a long history. Such tribunals were often created by the parties or on behalf of the parties involved in a conflict. They were created for a specific purpose and for a limited time and were financed by the parties involved. The idea of the League of Nations created interest in establishing a standing tribunal open to a substantial number of States. The Permanent Court of International Justice, later replaced by the International Court of Justice, was supported financially...