enforceable award

简明释义

有执行力的仲裁裁决

英英释义

An enforceable award is a decision made by an arbitrator or arbitration panel that is legally binding and can be enforced in a court of law.

可执行裁决是由仲裁员或仲裁小组作出的具有法律约束力的决定,可以在法庭上执行。

例句

1.To collect damages, you need to have an enforceable award from a recognized arbitration body.

要收取赔偿金,你需要有来自认可仲裁机构的可执行裁决

2.They were relieved to find out that the court recognized their enforceable award as valid.

他们松了一口气,发现法院承认他们的可执行裁决是有效的。

3.After months of negotiation, they finally received an enforceable award from the mediator.

经过几个月的谈判,他们终于从调解员那里获得了一个可执行裁决

4.In international disputes, an enforceable award is crucial for ensuring compliance across borders.

在国际争端中,可执行裁决对于确保跨境合规至关重要。

5.The arbitration panel issued an enforceable award, which means the decision can be legally upheld in court.

仲裁委员会发布了一个可执行裁决,这意味着该决定可以在法庭上合法维持。

作文

In the realm of international arbitration, the term enforceable award holds significant importance. An enforceable award refers to a decision made by an arbitration tribunal that is recognized and can be enforced in a court of law. This concept is crucial for parties involved in disputes who seek a resolution that is not only binding but also executable. The enforceability of an award ensures that the winning party can compel the losing party to comply with the terms of the award, thereby providing a sense of security and finality to the arbitration process.Understanding what constitutes an enforceable award requires an examination of various legal frameworks. In many jurisdictions, the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards plays a pivotal role. This treaty facilitates the enforcement of arbitration awards across borders, allowing parties to seek enforcement in countries other than where the arbitration took place. For an award to be considered enforceable, it must meet specific criteria established by the convention, including being in writing, resulting from a valid arbitration agreement, and not contrary to public policy.The implications of having an enforceable award are profound. It provides assurance to businesses engaged in international transactions that their disputes can be resolved efficiently and effectively. Without the possibility of enforcement, arbitration would lose its appeal as a dispute resolution mechanism. For instance, if a company wins an arbitration case but cannot enforce the award against the losing party, the entire process becomes futile. Thus, the enforceable award serves as a key element that underpins the credibility of arbitration as a viable alternative to litigation.Moreover, the enforceability of an award can influence the behavior of parties during negotiations. Knowing that an arbitration decision is likely to be enforced encourages parties to engage in good faith negotiations and to consider the potential consequences of their actions. This can lead to more amicable settlements and reduce the need for lengthy arbitration proceedings. In this sense, the existence of an enforceable award not only impacts the outcome of disputes but also shapes the overall landscape of commercial relationships.In conclusion, the concept of an enforceable award is fundamental to the effectiveness of arbitration as a dispute resolution mechanism. It ensures that parties have a reliable means of enforcing their rights and obligations, thus promoting confidence in the arbitration process. As global commerce continues to expand, the relevance of enforceable awards will only grow, making it essential for businesses and legal practitioners to comprehend the nuances of this important legal principle.

在国际仲裁领域,术语可强制执行的裁决具有重要意义。可强制执行的裁决是指仲裁庭作出的决定,该决定在法律上被认可并可以在法院执行。这个概念对于涉及争议的各方至关重要,因为它们寻求的不仅是具有约束力的解决方案,还有可执行性。裁决的可强制执行性确保胜诉方能够迫使败诉方遵守裁决的条款,从而为仲裁过程提供安全感和最终性。理解什么构成可强制执行的裁决需要审视各种法律框架。在许多法域中,《纽约公约》在承认和执行外国仲裁裁决方面发挥着关键作用。该条约促进了跨国界的仲裁裁决的执行,使当事方能够在仲裁发生地以外的国家寻求执行。为了使裁决被视为可强制执行的,它必须符合公约规定的特定标准,包括书面形式、源于有效的仲裁协议,并且不违反公共政策。拥有可强制执行的裁决的影响深远。它为参与国际交易的企业提供保证,确保其争议可以高效有效地解决。如果一家公司赢得了仲裁案件,但无法对败诉方执行裁决,那么整个过程就变得毫无意义。因此,可强制执行的裁决作为支撑仲裁作为有效替代诉讼的关键要素。此外,裁决的可强制执行性可以影响当事方在谈判中的行为。知道仲裁裁决很可能会被执行,鼓励当事方以诚信进行谈判,并考虑其行为的潜在后果。这可以导致更友好的和解,减少冗长的仲裁程序的需要。从这个意义上说,可强制执行的裁决的存在不仅影响争议的结果,还塑造了商业关系的整体格局。总之,可强制执行的裁决的概念对于仲裁作为争议解决机制的有效性至关重要。它确保当事方有可靠的手段来执行他们的权利和义务,从而促进对仲裁过程的信心。随着全球商业的不断扩展,可强制执行的裁决的相关性只会增长,这使得企业和法律从业者理解这一重要法律原则的细微差别变得至关重要。

相关单词

enforceable

enforceable详解:怎么读、什么意思、用法