5. Arbitral Award

Try these first

1. 1.

   What are the required elements of an arbitral award?

   Hint

   Think of 'WRRDS'.

2. 2.

   What is meant by procedural irregularity?

   Hint

   Consider what might violate fairness.

3. 3.

   What must an arbitral award include?

   • A reasoned explanation
   • Only a signature
   • A verbal agreement

   Hint

   Think about the acronym 'WRRDS'.

4. 4.

   True or False: A party can appeal an arbitral award for any reason.

   • True
   • False

   Hint

   Recall the grounds to set aside an award.

5. 5.

   A company faces an arbitral award that they believe violates public policy. Discuss the arguments they might present to set aside the award.

   Hint

   Consider cultural norms and legal frameworks.

6. 6.

   Examine the role of the seat of arbitration in the enforcement of an arbitral award. How might a change in the seat affect enforcement procedures?

   Hint

   Focus on the interplay between location and legal authority.