Judgment upon the award
rendered by the arbitration may be entered in any court with jurisdiction to do so.
Enforcement: If a member fails to comply with an award or the terms of a mediated settlement agreement, the recipient to whom the award has been
rendered by the arbitration panel or the beneficiary of a settlement agreement reached by the parties in mediation, shall be advised by the panel to seek judicial enforcement and request reimbursement of all legal costs incurred in seeking such enforcement.
Not exact matches
While the points made
by these gentlemen are both valid and critically important, they fail to take note of four other dangerous subsidies: (1) the market perception that the Washington and Wall Street revolving door has
rendered these firms immune from prosecution — even for repeated, illegal cartel behavior; (2) the ability to spend billions buying back their own stock, effectively propping up their own share price and bad behavior; (3) self - regulation with compromised bodies creating the market perception and reality of a competitive edge; and (4) Congress and the Supreme Court tolerating Wall Street running its own private justice system (mandatory
arbitration) where corrupt acts are kept hidden from public view until they blow up into catastrophic events to the economy.
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.
Courts have rejected challenges under article V (1)(d) where the parties choose institutional rules to govern their procedure that provide for flexibility concerning the manner in which the tribunal is to be composed.881 On the other hand, a German court refused recognition and enforcement where an award was
rendered by two, instead of three arbitrators, as expressly required
by the rules of the International
Arbitration Court of the Belarusian Chamber of Commerce that the parties had agreed would govern their
arbitration.882
For instance, the Supreme Court of Spain enforced an award
rendered by a sole arbitrator appointed
by one of the parties, where the party opposing enforcement had refused to appoint a co - arbitrator.883 Similarly, a United States court enforced an award
rendered by one of the party appointees as a sole arbitrator where the other party chose not to participate in the
arbitration.884
Summary: The appellant moved the Supreme Court to grant its application for recognition and enforcement of an
arbitration award
rendered by the International Centre for Dispute Resolution in New...
In a decision recently posted on the Swedish
Arbitration Portal, the Swedish Supreme Court held that an
arbitration award
rendered by the International Centre for Dispute Resolution in New York could be enforced in Sweden, even though the respondent had not participated in the proceedings.
BG Group responded
by saying the district and appellate courts assumed that the manifest disregard doctrine was a basis for vacating
arbitration awards, but then held that the tribunal in this case did not manifestly disregard the law,
rendering moot Argentina's bid for clarity on the issue.
APL Panama (2009): salvage - one of the largest LOF
arbitrations arising out of the grounding of a gearless container vessel off the coast of Mexico and major services
rendered by first class professional salvors (Titan) over a period of over 70 days with unprecedented levels of expenditure incurred.
The article addresses the primacy of
arbitration agreements, including in multi-party situations, and highlights the tension that has recently emerged in decisions
rendered by the Alberta and Saskatchewan Courts of Appeal.
Any controversy or claim arising out of or relating to this Agreement, or any breach thereof, must be resolved
by confidential binding
arbitration in Nashville, Tennessee in accordance with the Supplementary Procedures for Consumer - Related Disputes of the American
Arbitration Association (http://www.adr.org/sp.asp?id=22014), and judgment upon the award
rendered by the arbitrator may be entered in any court having jurisdiction thereof.
The allegations, findings, and decisions
rendered in ethics and
arbitration hearings are confidential and should not be reported or published
by the Board, any member of a tribunal, or any party under any circumstances except those established in the Code of Ethics and
Arbitration Manual of the National Association as from time to time amended.
While
arbitration awards may, at times, involve significant sums of money, they differ from the decisions
rendered by ethics hearing panels in two significant ways.
While this might be beneficial, at least in the sense that the non-prevailing party might understand, if not appreciate, the basis on which the award was based, there has been an on - going concern that, given the task of comprehensively and accurately articulating all of the acts and factors that are taken into account
by an
arbitration panel in
rendering its award, there might be an understandable (and possibly unavoidable) tendency to oversimplify or generalize the basis on which an award was made, with the resulting explanation or rationale or «findings», whether written or oral, being relied on
by the non-prevailing party (and likely
by others) as «precedent» to be introduced and relied on at future
arbitration hearings.
The obligation to arbitrate established in Article 17 includes disputes between REALTORS ® (principals) in different states in instances where, absent an established inter — association
arbitration agreement, the REALTOR ® (principal) requesting
arbitration agrees to submit to the jurisdiction of, travel to, participate in, and be bound
by any resulting award
rendered in
arbitration conducted
by the respondent (s) REALTOR ®'s association, in instances where the respondent (s) REALTOR ®'s association determines that an arbitrable issue exists.
Every Board may expect every decision it
renders as a result of a grievance or
arbitration proceeding to be evaluated
by the Courts under the five E's — Equality, Economy, Expedition, Evidence and Equity — to determine if it satisfies due process.