Sentences with phrase «pay arbitration awards»

The suit was brought by a so - called «vulture fund» investment company — FG Hemisphere Associates — against the DRC for failure to pay an arbitration award the company won for its involvement in financing of a power facility in the territory.
Arbitration — Award — Enforcement — Respondent failing to pay arbitration award — Claimant applying for third party debt order over letters of credit — Whether respondent was beneficiary of debt created by letters of credit — Situs of debt — Whether third party debt order should be made — Whether court entitled to make receivership order.
Belize Bank Ltd. v. Gov» t of Belize, No. 14 - cv - 659 (D.D.C., 2016), is one of several recent cases in which the District Court for the District of Columbia ordered the Government of Belize («Belize») to pay an arbitration award.

Not exact matches

(Many of those women fought back, and the firm eventually paid $ 150 million in arbitration awards and settlements.)
The Japanese telco is struggling to enforce a London arbitration award ordering Tata Sons to pay it $ 1.2 bln.
A Finra arbitration panel has awarded Morgan Stanley $ 6 million in compensatory damages, to be paid by former broker Barry Connell.
A Finra arbitration panel has awarded former UBS broker Wilson Dennis Colberg - Trigo $ 1.236 million in compensatory damages in a dispute involving his termination from the firm, but also ordered the broker to pay the firm $ 854,157 to settle the...
If a binding arbitration results in an award with raises for the officers in 2011, we will not have enough money in the County Budget to pay for the raises.
In 2013, sheriff employees had 128 of the top 300 highest - paid spots, largely due to a one - time $ 37 million arbitration award to correction officers.
UFT President Michael Mulgrew didn't mince words when he addressed hundreds of angry Transport Workers Union Local 100 members protesting the Metropolitan Transit Authority's attempt to overturn a binding arbitration ruling that awarded transit workers an 11 percent pay increase over three years.
Costs of arbitration, including reasonable attorney's fees incurred in arbitration as determined by the Arbitrator, together with any reasonable attorney's fees incurred by prevailing party in Court enforcement of the arbitration award after it is rendered by the Arbitrator, shall be paid to the prevailing party by the party designated by the Arbitrator or Court.
On Wednesday the Caribbean Court of Justice overturned the decision of Belize's Court of Appeal and ordered Government to pay Belize Bank a little over ninety million dollars, an arbitration award that was granted to the Bank in 2013.
In addition to whatever rights you may have to recover your attorneys» fees under applicable law, if you prevail in the arbitration, and if the FTS Party failed to make a settlement offer to you before the arbitration or the amount you win is at least 25 % greater than the FTS Party's highest settlement offer, then the FTS Party will pay your reasonable attorneys» fees in addition to the amount the arbitrator awarded.
In addition, if the arbitrator, at the request of the winning party, finds that the losing party brought a claim or asserted a defense frivolously or for an improper purpose, then regardless of the amount in dispute, the arbitrator must order the losing party to pay both sides» arbitration fees and may order the losing party to pay the winning party's reasonable attorneys» fees, unless such an award of fees is prohibited by applicable law.
Instead, the Arbitrator issued an offset award in favor of LTL's client and ordered the Claimant to pay all arbitration expenses.
The claimant was ordered to pay arbitration expenses in an offset award.
Though money was the main public focus of the lawyers» contract demands (a pay increase of 10 per cent over four years, the same conditions an arbitrator awarded Quebec's 450 Crown counsel), Dion says the real driver that triggered the civil lawyers» strike on Oct. 24, 2016 — and fuelled their desire to stay out even after the LANEQ's war chest was depleted and many members were in dire personal financial straits — was their indignation over the government's refusal to grant them the same right to a binding arbitration process in exchange for the right to strike as they did to the province's 450 - member Crown attorneys» union (the Association des procureurs aux poursuites criminelles et pénales).
In a decision recently posted on the Swedish Arbitration Portal, the Svea Court of Appeal upheld an award dismissing an arbitration after the claimant failed to pay additional advances on costs.
Calunius partner Mick Smith was participating in a panel discussion with leading arbitration practitioners on questions of award enforcement and of which countries pay awards, and which do not.
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.
Whilst there are no league tables or rankings as to which states, or companies, are the best or worst at paying out on arbitration awards made against them, it is clear that non-payment of an award is not unique to developing economies or any one industry.
With arbitration on the rise we outline the options available when a defendant does not pay what is due under an arbitral award.
Argentina has agreed a settlement relating to five investment treaty arbitration awards, made between 2005 and 2008, pursuant to which it was ordered to pay a total of over US$ 450 million plus interest.
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In an award issued on May 3, 2018 the ICSID arbitration tribunal rejected all claims brought against Kosovo and ordered the claimant to pay more than $ 2 million to Kosovo for fees and costs incurred by Kosovo in defending against the claim.
Prepared arbitration awards and assisted in preparation of tax appeals, RFP's, job descriptions and pay plan schedules.
A Board arbitration hearing was held and Rohter was awarded one forth of the commission paid on the sale.
Nonmembers arbitrating pursuant to an agreement to participate in a REALTOR ® association owned and operated MLS shall be subject to all obligations under an association's arbitration procedures, including, but not limited to, the obligation to pay an award promptly or deposit a like amount in the event of a challenge pursuant to Section 53, The Award, Code of Ethics and Arbitration Maaward promptly or deposit a like amount in the event of a challenge pursuant to Section 53, The Award, Code of Ethics and Arbitration MaAward, Code of Ethics and Arbitration Manual.
After fifteen (15) days from the transmittal of the Directors» decision, if written notice of a suit challenging the validity of the arbitration award has not been received by the Board, the funds shall be released from the escrow or trust account and paid to the prevailing party.
When arbitration occurs between two (or more) cooperating brokers and where the listing broker is not a party, the amount in dispute and the amount of any potential resulting award is limited to the amount paid to the respondent by the seller or landlord and any amount credited or paid to a party to the transaction at the direction of the respondent.
Further, the applicable law of the state in which the arbitration will be held should be carefully considered prior to the arbitration, for this will relate to any necessary judicial enforcement if the nonprevailing party should refuse to pay the award.
(9) Refusal to Pay or Deposit Funds: In the event a party fails to, within ten (10) days of the date the award is transmitted, either pay the award to the party (ies) named in the award or deposit the funds with the Professional Standards Administrator consistent with Section 53, The Award, Code of Ethics and Arbitration Manual, that failure shall be brought before a tribunal comprised of members of the State Association chosen from individuals who did not serve on the original arbitration Hearing PanPay or Deposit Funds: In the event a party fails to, within ten (10) days of the date the award is transmitted, either pay the award to the party (ies) named in the award or deposit the funds with the Professional Standards Administrator consistent with Section 53, The Award, Code of Ethics and Arbitration Manual, that failure shall be brought before a tribunal comprised of members of the State Association chosen from individuals who did not serve on the original arbitration Hearing Paward is transmitted, either pay the award to the party (ies) named in the award or deposit the funds with the Professional Standards Administrator consistent with Section 53, The Award, Code of Ethics and Arbitration Manual, that failure shall be brought before a tribunal comprised of members of the State Association chosen from individuals who did not serve on the original arbitration Hearing Panpay the award to the party (ies) named in the award or deposit the funds with the Professional Standards Administrator consistent with Section 53, The Award, Code of Ethics and Arbitration Manual, that failure shall be brought before a tribunal comprised of members of the State Association chosen from individuals who did not serve on the original arbitration Hearing Paward to the party (ies) named in the award or deposit the funds with the Professional Standards Administrator consistent with Section 53, The Award, Code of Ethics and Arbitration Manual, that failure shall be brought before a tribunal comprised of members of the State Association chosen from individuals who did not serve on the original arbitration Hearing Paward or deposit the funds with the Professional Standards Administrator consistent with Section 53, The Award, Code of Ethics and Arbitration Manual, that failure shall be brought before a tribunal comprised of members of the State Association chosen from individuals who did not serve on the original arbitration Hearing PAward, Code of Ethics and Arbitration Manual, that failure shall be brought before a tribunal comprised of members of the State Association chosen from individuals who did not serve on the original arbitration Hearing Panel.
The non-prevailing party shall, within ten (10) days of the date the award is transmitted, either pay the award to the party (ies) named in the award or deposit the funds with the Professional Standards Administrator of the Board administering the arbitration consistent with Section 53, The Award, Code of Ethics and Arbitration Maaward is transmitted, either pay the award to the party (ies) named in the award or deposit the funds with the Professional Standards Administrator of the Board administering the arbitration consistent with Section 53, The Award, Code of Ethics and Arbitration Maaward to the party (ies) named in the award or deposit the funds with the Professional Standards Administrator of the Board administering the arbitration consistent with Section 53, The Award, Code of Ethics and Arbitration Maaward or deposit the funds with the Professional Standards Administrator of the Board administering the arbitration consistent with Section 53, The Award, Code of Ethics and Arbitration MaAward, Code of Ethics and Arbitration Manual.
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