Sentences with phrase «enforceable arbitral awards»

Claimants can protect themselves by purchasing this coverage which guarantees payment of a legally enforceable arbitral award against a State Defendant where that Defendant refuses to comply with the award.

Not exact matches

This dispute resolution method is quick, efficient, confidential and results in an arbitral award which is enforceable in more than 150 countries.

The court would not be bound to recognise the judgment in the presence of an enforceable New York Convention arbitral award, but if such an award does not exist (which is likely in such circumstances) it is, on the wording of the Regulation, arguably bound by the recognition and enforcement articles of the Brussels I (recast), even though this may offend the court's pro-arbitration stance.

Arbitral awards which are final and binding, are generally enforceable in more than 150 countries under the New York Convention (subject to any local legislation and / or requirements).

In addition, the instruments, if ratified, would not cover settlement agreements that are approved by a court or have been concluded in the course of proceedings before a court, or those that have been recorded and are enforceable as arbitral awards.

The published materials include three decisions from 2016 - 2017, in which Russian courts recognized SCC arbitral awards as enforceable on the territory of the Russian Federation.

Besides, arbitral tribunals have an obligation to render enforceable awards.

An arbitral award made in the territory of a contracting party to this treaty is enforceable pursuant to section 99 of the 1996 Act.

In Cassation No. 1 of 2017 (JT), the Judicial Tribunal ruled that a London - based arbitral award was not enforceable in the DIFC Courts in accordance with the New York Convention 1958 because the debtor had brought parallel proceedings with the Dubai Courts - affiliated Centre for Amicable Settlement of Disputes.

Software will output enforceable electronic arbitral awards saving creditors money and time.

An interim arbitral order which is not a final award of the arbitral tribunal may not be enforceable outside the place of the arbitration.