While an award may clearly determine the parties’ respective obligations going forward, the nominally successful party may nonetheless be prepared to negotiate a settlement. This can occur in cases where there is a realistic prospect of the losing party not performing the award, and may be deemed preferable to commencing new proceedings in order to recover the full debt owed under the award.
Our attorneys are skilled negotiators and have a keen, commercial understanding of our clients’ business needs. We provide invaluable guidance and practical assistance in reaching satisfactory solutions where absolute performance of an award may be considered a subsidiary interest of our clients.
>>More on the Performance of an Arbitral Award
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