Challenging Arbitration Awards – What is it?
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Challenging an award may be an active challenge or a passive challenge. The active challenge involves the unsuccessful party in the arbitration filing an application before the court at the place of the seat, for the setting aside of an award. On the other hand, a passive challenge is when the unsuccessful party attempts to prevent the enforcement of the award and not by challenging...
Read MoreArbitration: Definition and Process
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There were attempts to define Arbitration universally except that with different national legal systems, there are multi arbitration processes and multi different ways of applying it subject to the different jurisdictions. However the core definitive principles that are necessary to be found in almost all arbitration agreements are: the arbitration agreement itself for without it we do not have...
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