Enforcement of Interim Measures / Awards in Domestic and International Commercial Arbitration Under the New York Convention and the Arbitration and Conciliation Act
Article from: TDM 1 (2010), in International Commercial Arbitration
Generally speaking, arbitral proceedings that finally determine the rights and obligations of parties to an arbitration agreement culminate in to enforceable awards. In fact, securing an enforceable award is the raison d'être for engaging in arbitration in the first place. However, situations often and do arise when an arbitral tribunal receives request from either of the contending parties to take interim measure aimed at maintaining the status quo or to preserve the property in dispute. Such interim measures are expressed in the form of decisions, orders, awards, ...