Every winning party dreads the consequences of a challenge to an arbitral award. But the outcome of a recent arbitration in London illustrates how English law can protect the interests of the winning party. William Godwin reports
September 14, 2005 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
If you are the winning party to an arbitration, but the other side decides to mount a challenge to the award under sections 67 or 68 of the Arbitration Act 1996, or tries to appeal under section 69, how do you protect your position with respect to the award, pending the challenge or appeal?
In a suitable case, you can get security for the costs of the proceedings, but what about the award itself?
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