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What happens after the arbitrator issues an award?

arbitrator award happens
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What happens after the arbitrator issues an award?

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The arbitrator must transmit the award to the Arbitral Agent. The Arbitral Agent will send the award to the parties via certified or courier mail. Either party has the opportunity to request the arbitrator to correct any computational, clerical, or typographical error, provided that party give notice to the other party and makes the request within twenty (20) days after receipt of the award. Either party must seek confirmation of and/or file or register the arbitrator’s award with any court having jurisdiction to confirm the award. IFTA Arbitration Awards are enforceable in the U.S. and internationally (under the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards). Information about the Convention and the countries that have ratified it can be found at www.uncitral.org. The Alliance has also published an Arbitration Award Enforcement Booklet that contains basic information on confirming and enforcing arbitration awards in a number of countries.

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The arbitrator must transmit the award to the Arbitral Agent. The Arbitral Agent will send the award to the parties via certified or courier mail. Either party has the opportunity to request the arbitrator to correct any computational, clerical, or typographical error, provided that party give notice to the other party and makes the request within thirty (30) days after receipt of the award. Either party must seek confirmation of and/or file or register the arbitrator’s award with any court having jurisdiction to confirm the award. IFTA Arbitration Awards are enforceable in the U.S. and internationally (under the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards). Information about the Convention and the countries that have ratified it can be found at www.uncitral.org. The Alliance has also published an Arbitration Award Enforcement Booklet that contains basic information on confirming and enforcing arbitration awards in a number of countries.

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