enforcement of arbitral awards

Enforcement of arbitral awards refers to the legal process of ensuring that a decision made by a private arbitrator is carried out. Once an award is issued, the winning party can seek court assistance to make the losing party obey the decision, especially if they refuse. Courts can confirm the award and issue orders to enforce it, such as seizing assets or compelling payment. This process ensures arbitration awards have the same legal weight as court judgments, providing a reliable way to resolve disputes efficiently and hold parties accountable.