International Arbitration Awards

International arbitration awards are formal decisions made by an arbitrator or a panel of arbitrators in resolving disputes between parties from different countries. When parties agree to arbitrate, they choose a neutral process outside courts, and the arbitrator's award is a written ruling that determines the outcome and orders any necessary actions, such as payments or obligations. These awards are generally recognized and enforceable across borders through international treaties, providing a final resolution that helps businesses and individuals settle disputes efficiently and predictably without resorting to lengthy court proceedings.