Phrases with «award debtor»

An "award debtor" refers to a person or entity that is responsible for paying a sum of money or some kind of compensation as decided by a legal verdict or settlement. They are required to fulfill this obligation to the person or entity who received the award. Full definition

debtor (parent phrase)

award debtor

Sentences with «award debtor»

As he acknowledged, however, the courts have other means of assisting award creditors which do not impinge on award debtors» rights of challenge, such as disclosure and freezing orders, and in future award creditors will need to look to such alternatives as a more indirect way of the securing the award sum. (cms-lawnow.com)
Yet the enforcement of international arbitral awards continues to be one of the key challenges of the international arbitration system, complicated further where the non-complying award debtor is a state. (mjdr-rrdm.ca)
Unanimously allowing the appeal, nothing in s 103 (2) or (3)(or in the underlying provisions of article V of the New York Convention) provides a power to make an enforcing court's decision on an issue raised under these provisions conditional on an award debtor providing security in respect of the award. (ukscblog.com)
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Phrases with «award debtor»

Sentences with «award debtor»

See also