Tag: Arbitral Awards

Charlyn Cruz | Duane Morris As with litigation, a successful arbitral award is a hollow victory if the responding party refuses to honour it, and enforcement proceedings are necessary. Given the international nature of arbitration, a number of things could go wrong at this stage and put a downer on a successful award. There are… Continue reading Reaping the Awards – Avoiding the Pitfalls of Enforcing Arbitral Awards

Matthew E. Draper | Draper & Draper Proceedings subsequent to issuance of award Interpretation and correction of awards Does the arbitral tribunal have the power to correct or interpret an award on its own or at the parties’ initiative? What time limits apply? Most institutional rules grant tribunals a limited amount of time to correct… Continue reading In Brief: Enforcing and Challenging Arbitral Awards in USA