Sentences with phrase «validity of the award»
Validity of Award Tickets: one year after issue.
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Evidence to support the validity of an award may be requested.
The case concerned a preliminary reference by a German court (the Federal Court of Justice, or Bundesgerichtshof) regarding the validity of an award rendered by an ISDS tribunal under the Dutch - Slovak bilateral investment treaty (BIT).
It is important to stress that ratification proceedings and / or a challenge to the validity of an award is not an appeal in the traditional sense.
Failure to provide written notification that a suit challenging the validity of the award has been filed within twenty (20) days following transmittal of the award will result in the award being paid from the escrow or trust account to the prevailing party.
The non-prevailing party shall also have the same twenty (20) days following transmittal of the award to notify the Professional Standards Administrator that a legal challenge to the validity of the award has been initiated.
The court further noted that even if it could consider the validity of the award, it would affirm, noting that the bylaws of the Board, to which Argiris agreed by joining, governed controversies between members.