Final Award

Appeal, Arbitral Award, Arbitration Award, Arbitration Awards, Awards, Final Award, Finality, Fraud, Revision of Award

, (Busse Disputes)/ /1 Comment

One of the great advantages of arbitration is that it is a “one-shot” dispute resolution mechanism that does not allow for a series of appeals. Indeed, many users stress the finality of awards and the lack of an appeals mechanism as a valuable characteristic of arbitration. However, there may be situations where the “one shot”…

Africa, Appeal, Arbitral Award, Court of Appeal, Ethiopia, Final Award, Finality, Finality Clause, judicial review, Uncategorized

(Aman Assefa & Associates Law Office)/ /Leave a comment

The cassation bench of the Supreme Court of Ethiopia, whose decisions have precedential value, in National Motors Corp. v. General Business Development case has ruled that parties’ final intention to be bound by an arbitration award shall be final and may not be subject to review by courts, including the cassation bench. The bench, however,…

Annulment, Argentina, Final Award, Finality, judicial review, Supreme Court

(Bruchou, Fernández Madero & Lombardi) and (Bruchou, Fernández Madero & Lombardi (BFM&L) )/ /Leave a comment

The judicial review of arbitral awards has been a continuous topic of discussion amongst scholars and legislators. Considering the major effects of the seat of the arbitration in annulment proceedings, even when the arbitral award is in principle final and binding, local legislators are faced with the need to balance the aim of assuring the…

Arbitral Award, DIFC, Dubai, Enforcement, Final Award, MENA, Middle East, New York Convention, Public Policy, Recognition and enforcement of arbitral award, UAE, Uncategorized, United Arab Emirates

(Blanke Arbitration LLC)/ /Leave a comment

Attentive readers of this Blog will remember that the Court of Appeal of the Dubai International Financial Centre (DIFC) adopted a ruling in the latter half of last year confirming its status as a “host” or “intermediate” – or, in the Court’s own words, “conduit” – jurisdiction for the enforcement of domestic arbitration awards rendered…

Courts, Ecuador, Final Award, judicial remedies

(Pérez Bustamante & Ponce)/ /Leave a comment

Could protectionism turn into interventionism? There is a fine borderline between helpful assistance of the courts and abuse of the available judicial remedies within arbitration. If crossed, the entire purpose of opting for such an institution is undermined and its essentialness is jeopardised. The title of this post refers to an uncommon practice that has…

Arbitral Award, Enforcement, Final Award, Interim Award, Singapore, Singapore International Arbitration Centre

(Clyde & Co. LLP)/ /1 Comment
Clyde & Co.

Singapore’s longstanding reputation as an arbitration friendly jurisdiction was reinforced in 2010 with the legislature’s adoption of the 2006 amendments to the UNCITRAL Model Law on International Commercial Arbitration. The 2006 UNCITRAL amendments concerned, among other matters, the use of interim awards in international arbitration, and recognised “the need for provisions in the Model Law…