Despite the binding nature of most international arbitration agreements, performance of an award rendered by an arbitral tribunal may require further steps to be taken by one or other party.
Our attorneys provide top-class, tailored advice by highlighting to our clients all the options open to them, whether they are seeking to ensure or to resist performance, and by pursuing the strategies which will best serve their interests. These strategies can include:
- Challenging the arbitral award
A losing party may challenge an award, if it is possible to do so under the rules of arbitration and the relevant law. - Recognition and enforcement of the arbitral award
A losing party may resist a successful party’s attempts to obtain recognition and enforcement of an award in whichever jurisdiction it is sought. - Negotiating a settlement
A losing party may employ the award as leverage in a bid to negotiate a settlement. - Commercial and diplomatic pressure
A successful party may attempt to exert commercial and/or diplomatic pressure in order to persuade the losing party to perform an award.
Question about the Performance of an Arbitral Award? Contact our Attorneys
Free, confidential consultations with our arbitration lawyers are available by dialing +1 415 981 4800 or by filling out the form to the right.
