By Zhang Shouzhi Hu Ke and Xu Beibei King & Wood Mallesons’ Dispute Resoution Group
A final arbitral award is the final and binding conclusion of the substantial dispute submitted to arbitration by the parties. It defines the winner and the loser of the game. In few occasions would the parties be willing to settle their disputes after an award has been rendered. However, settlement is still a wise choice when the disputed amount is huge, and the parties still have the will.
In 2011, we assisted 2 separate clients in negotiating amicable settlements after the arbitral awards were rendered in offshore arbitrations. We provide below a brief description of the two cases:Continue Reading Post-Award Settlement for International Arbitration
