However, very little information exists as to what constitutes a reasoned award in the international commercial context or how to write such an award. This lacuna is extremely problematic given the ever-increasing number of international commercial arbitrations that arise every year and the significant...
1. Must an award take any particular form? USA To be enforceable in the United States, an award must be in writing. A tribunal need not provide reasons for its award under US federal law unless a reasoned award is required by the arbitration rules applicable to the dispute or by the par...
Here, only the part of the award that does not fall under the scope of the arbitration agreement may be set aside; the arbitral award is not reasoned (section 3(a)(iv)); there was an irregularity in the composition of the arbitral tribunal or the arbitral proceedings, according to either...
STIPULATIONS.The arbitrator often starts by making introductory remarks and explains the process he or she wishes to follow during the course of the hearing. Any stipulations that can be entered into by the parties should be madepriorto the commencement of the hearing. For example, the defendant ...
aThe arbitrator shall be required to issue a written well-reasoned opinion in support of the arbitration decision and any award 将要求仲裁人发表一个书面很好辩解的意见支持仲裁决定和其中任一个奖[translate]
Award was sufficiently reasoned Finally, the Court declined to set aside the Award on the allegation that it did not contain sufficient reasons for the Tribunal’s decision. The Court found that, on the whole, the Award did provide sufficient reasons to inform the bases on which the Tribunal ...
Otherwise, the Law limits the timeframe to six months for delivering the award unless the parties agree otherwise. When a disagreement occurs on this deadline and at the request of any of the parties or of the arbitral tribunal, the President of the competent court determines by a reasoned ...
[L]ike manner,’” reasoned the Court, therefore “means how process gets served, not who serves it.” Slip op. at 4. Had “Congress intended for the phrase ‘like manner as other process of the court’ to provide an alternative route to service by the marshal, it would have used ...
9.1 What, if any, are the legal requirements of an arbitral award? For example, is there any requirement under the law of your jurisdiction that the award contains reasons or that the arbitrators sign every page? Pursuant to Article 189(2) PILA, the award must be written, reasoned, dated...
Specifically, the court reasoned that the virtual assets at issue were not “investment contract securities”, because the main purpose of acquiring the virtual assets were the capital gains that were realized when the “investment contract securities” was presented with the contract...