Securities Dispute Resolution: Enforcing Awards
Term · Law · MLC-T-LAW-004435
The legal process by which a party seeks to compel compliance with an arbitration award issued in a securities dispute. If the losing party does not voluntarily pay, the prevailing party can petition a court to confirm the award, making it legally binding and enforceable like a court judgment. Courts generally uphold arbitration awards unless there are specific grounds for vacating them, such as fraud or arbitrator misconduct.
| Identifier | MLC-T-LAW-004435 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004435",
"term": "Securities Dispute Resolution: Enforcing Awards",
"field": "Law",
"definition": "The legal process by which a party seeks to compel compliance with an arbitration award issued in a securities dispute. If the losing party does not voluntarily pay, the prevailing party can petition a court to confirm the award, making it legally binding and enforceable like a court judgment. Courts generally uphold arbitration awards unless there are specific grounds for vacating them, such as fraud or arbitrator misconduct.",
"url": "https://mlchart.com/terminology/law/securities-dispute-resolution-enforcing-awards/"
}
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