award upon settlement

简明释义

根据和解作出的仲裁裁决

英英释义

例句

1.In this case, the insurance company will award upon settlement the claim amount as agreed.

在这种情况下，保险公司将按照约定在和解时支付索赔金额。

2.The court decided to award upon settlement the damages to the plaintiff.

法院决定在和解时授予赔偿金给原告。

3.The arbitrator ruled to award upon settlement the full compensation requested by the claimant.

仲裁员裁定在和解时全额赔偿申请人要求的金额。

4.After negotiations, the parties agreed to award upon settlement a portion of the profits.

经过谈判，各方同意在和解时分配一部分利润。

5.The company will award upon settlement the bonus to employees who meet their targets.

公司将在和解时向达到目标的员工发放奖金。

作文

In the realm of dispute resolution, the phrase award upon settlement plays a significant role. It refers to the decision made by an arbitrator or a panel of arbitrators that is issued after the parties involved in a dispute reach a settlement agreement. This concept is crucial in understanding how arbitration works and how it can provide a binding resolution to conflicts without resorting to lengthy court proceedings. When parties choose arbitration as their method of resolving disputes, they often seek a quicker and more efficient way to settle their differences. The award upon settlement signifies that the arbitrators have acknowledged the terms agreed upon by both parties and have formalized this agreement into a legally binding award.The importance of an award upon settlement cannot be overstated. It serves as a final resolution to the dispute, ensuring that both parties adhere to the terms they have negotiated. This award not only brings closure to the conflict but also provides a framework for enforcement. In many jurisdictions, an arbitration award is recognized and can be enforced in the same manner as a court judgment. Therefore, when parties agree to an award upon settlement, they are essentially committing to abide by the resolution provided by the arbitrators.Moreover, the process leading to an award upon settlement is often less adversarial than traditional litigation. In arbitration, the focus is on collaboration and finding a mutually agreeable solution rather than pitting one party against the other. This approach can lead to more amicable relationships post-dispute, which is particularly beneficial in ongoing business relationships. By opting for arbitration and aiming for an award upon settlement, parties can maintain a level of professionalism and respect, even in the face of disagreement.Additionally, the speed at which an award upon settlement can be reached is a significant advantage over court proceedings. Legal battles can drag on for months or even years, whereas arbitration can often conclude in a matter of weeks or months. This efficiency is appealing to many businesses and individuals who wish to resolve their issues quickly and move forward. The expedited nature of arbitration, coupled with the binding effect of an award upon settlement, makes it a preferred choice for many.In conclusion, the phrase award upon settlement encapsulates a critical aspect of arbitration and dispute resolution. It highlights the significance of reaching a mutually agreeable solution and having that solution formalized by an arbitrator. This process not only resolves the dispute but does so in a manner that promotes efficiency, cooperation, and enforceability. Understanding the implications of an award upon settlement is essential for anyone engaged in arbitration or considering it as a viable option for resolving conflicts. By recognizing the value of this concept, parties can better navigate the complexities of dispute resolution and work towards achieving satisfactory outcomes in their negotiations.

在争议解决的领域中，短语award upon settlement扮演着重要角色。它指的是在涉及争议的各方达成和解协议后，由仲裁人或仲裁小组作出的决定。这个概念对于理解仲裁是如何运作的，以及它如何提供一个有约束力的解决方案以避免漫长的法庭程序至关重要。当各方选择仲裁作为解决争议的方法时，他们通常希望以更快、更高效的方式来解决分歧。award upon settlement意味着仲裁人已确认双方达成的条款，并将此协议正式化为具有法律约束力的裁决。award upon settlement的重要性不容小觑。它作为争议的最终解决方案，确保双方遵守他们所谈判的条款。这个裁决不仅为冲突带来了结束，还提供了执行的框架。在许多法域中，仲裁裁决被认可，并可以像法院判决一样执行。因此，当各方同意award upon settlement时，他们实际上是在承诺遵守仲裁人提供的解决方案。此外，达成award upon settlement的过程往往比传统诉讼更少对抗性。在仲裁中，重点是合作和寻找互利的解决方案，而不是将一方与另一方对立。这种方法可以在争议后导致更友好的关系，这对于持续的商业关系尤为有利。通过选择仲裁并旨在达成award upon settlement，各方可以在面对分歧时保持一定程度的专业性和尊重。此外，award upon settlement能够达成的速度是相较于法庭诉讼的一大优势。法律争斗可能拖延数月甚至数年，而仲裁通常可以在几周或几个月内结束。这种效率对许多希望快速解决问题并向前迈进的企业和个人具有吸引力。仲裁的快速特性，加上award upon settlement的约束效力，使其成为许多人的首选。总之，短语award upon settlement概括了仲裁和争议解决的一个关键方面。它强调了达成互利解决方案的重要性，以及通过仲裁人将该解决方案正式化的必要性。这个过程不仅解决了争议，而且以促进效率、合作和可执行性的方式进行。理解award upon settlement的含义对于任何参与仲裁或考虑将其作为解决冲突的可行选项的人来说都是至关重要的。通过认识到这一概念的价值，各方可以更好地驾驭争议解决的复杂性，并努力在谈判中实现满意的结果。