Sentences with phrase «final arbitration award»

For example, they may specify how arbitrators will be selected, where the arbitration will be held (which can be pricey if you live in another state), who will pay for attorneys» fees, and whether the final arbitration award must be kept confidential.

Participated in obtaining an $ 8 million final arbitration award for a non-profit hospital against an affiliate of a multinational pharmaceutical conglomerate and defeated the affiliate's $ 43 million counterclaim, all of which was confirmed by a federal district court

Not exact matches

If a clothing brand disagrees with a ruling of the accord's steering committee, it can appeal for a final and binding arbitration process — but any resulting award is legally enforceable.

The company said that it intends use the net proceeds from the arbitration award, after federal and state taxes of approximately 37 percent and certain other expenses, to repurchase Mondelez International Class A Common Stock, subject to final approval by the Board of Directors and actual receipt of the proceeds.

As previously disclosed, the Company received a final judgment in its favor for a total of US$ 1.9 million plus interest from the US District Court for the District of Arizona in January, 2016 related to an arbitral award of R$ 7.8 million, including interest and penalties, from a Brazilian arbitration panel.

The parties agree that any and all controversies, disputes or claims arising out of or under this Agreement, shall be exclusively governed and decided by binding arbitration under the Federal Arbitration Act in conformity with the Rules and Procedures as established by the American Arbitration Association, and the determination of the arbitrator shall be final and binding (except to the extent there exist grounds for vacation of an award under applicable arbitration statutes).

The arbitrator's award is final and binding on the parties unless a party appeals it in writing to the arbitration firm within fifteen days of notice of the award.

After a protracted arbitration process and final hearing — which involved two separate state court appeals — the Arbitrator, a former Chief Justice of the Florida Supreme Court, ruled in favor of the health system respondents on liability, and awarded no damages to the physician - limited partner on any of his arbitration claims.

Claimants who embark upon litigation or arbitration sometimes find that they need to unlock the value of their claim before the final hearing or before an award has been enforced, whether to alleviate cash - flow pressure elsewhere, or provide working capital for the business during the life of the claim.

Therefore, the homologation process in Ecuador implies that the party that seeks the enforcement of a foreign award shall file a petition with the Provincial Court8, which will assess whether the award complies with the following requirements: (i) The international award complies with the formalities required for it to be considered authentic in the state where it was issued; (ii) The award is final and binding in the jurisdiction where it was delivered and the attachments are duly legalized; (iii) With regard to the requirement prescribed in the Convention, if the award is in a language other than the official language of the country, in this case Spanish, it shall incorporate a translation; (iv) It is shown from the legal papers of the arbitration proceedings that the party against whom the awards is being enforced was duly notified of the claim and that there was no due process violation; (v) The petition must specify the domicile of the party against whom the award is being enforced.

Our attorneys have arbitrated numerous matters before FINRA to final award and have also handled many other arbitrations that have resolved at some point prior to final award.

[71] Commercial parties in particular are urged to exclude «to the fullest extent» [72] the availability of appeal in their arbitration agreements and to fully embrace arbitral awards as final.

Defended a national corporate employer in a physician's multimillion dollar wrongful termination arbitration that was tried through final hearing, resulting in a complete defense award

(i) the final award deals with a dispute not falling within the terms of submissions to arbitration as a Memorandum of Understanding («MOU «-RRB- had terminated the reference to arbitration, resulting in lack of jurisdiction on the part of the tribunal (the «Jurisdiction Issue «-RRB-;

Be sure to check back for the final post in our arbitration series, in which we will discuss the enforcement and appeal of arbitral awards.

(1) If the claimant is properly notified but fails to attend the hearing, the arbitration tribunal may proceed to render a final Award with or without a hearing.

A final and binding award, therefore, precludes the successful party from bringing the same claim (s) again, either in a fresh arbitration or before the national courts, and precludes both parties from contradicting the decision of the arbitral tribunal on a question of law or fact decided by the award (Sun Life Insurance Company of Canada and others v The Lincoln National Life Insurance Company [2006] 1 All ER (Comm) 675; Injazat Technology Capital Ltd v Najafi [2012] EWHC 4171 (Comm)-RRB-.

(2) After the hearings have been closed, the arbitration tribunal may, in exceptional circumstances, re-open the hearings at any time before the final Award.

(4) The arbitration tribunal shall make its final Award within 60 days after the hearings have been closed unless the parties otherwise agree.

(2) After the final Award has been made, the claim has been withdrawn, a settlement has been reached or the arbitration has been abandoned, the Centre shall apply any deposits it holds to the costs of the arbitration, including any arbitration tribunal fees and disbursements, as well as administrative fees and expenses.

Any unsettled controversy or claim between the parties arising out of or relating to this Agreement or any breach thereof shall be settled by final and binding arbitration in New York, New York pursuant to the rules then in effect of the CPR Rules of Non-Administered Arbitration and in accordance with the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards; provided that the arbitrator shall have no authority to add to, amend, modify, or ignore any of the provisions of this Agreement.

Duration of Arbitration refers to the period between the date of commencement of the arbitration and the date of the final award, inclusive of any stay periods.

62 arbitrations under the Rules that were concluded by final award during the Relevant Period have been identified for the purposes of this report.

This appeal, the final chapter in this long legal battle, concerns the interpretation of the first paragraph of s. 59 of the Code, which reads as follows: From the filing of a petition for certification and until the right to lock out or to strike is exercised or an arbitration award is handed down, no employer may change the conditions of employment of his employees without the written consent of each petitioning association and, where such is the case, certified association.

The Tribunal shall specify in the final award, the costs of the arbitration and decide which party shall bear them and in what proportion they shall be borne.

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

Fieldfisher team secures enforcement of a DAB decision in arbitration by way of a Final Partial Award

The court also found that seeking to confirm an arbitration award did not involve a traditional lawsuit, as it simply involves converting an arbitration award to a final judgment.