This question was closed without grading. Reason: Other
Jun 19, 2016 13:58
7 yrs ago
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English term
Romania
BestWords
Native in: Romanian 
Works in: English to Romanian, Romanian to English, Romanian to French, and 17 more.
decision or award
English to Romanian
Law/Patents
Law: Contract(s)
Care ar fi diferența?
The arbitration shall be conducted on a confidential basis pursuant to the Commercial Arbitration Rules of the American Arbitration Association. Any decision or award as a result of such arbitration proceeding shall be binding, and shall be in writing and provide an explanation for all conclusions of law and fact. Any such arbitration shall be conducted by an arbitrator experienced in scientific research and commercial law and shall include a written record of the arbitration hearings. The Parties reserve the right to object to any individual arbitrator who is employed by or affiliated with a competing entity. All decisions or awards are subject to enforcement in a court of competent jurisdiction.
The arbitration shall be conducted on a confidential basis pursuant to the Commercial Arbitration Rules of the American Arbitration Association. Any decision or award as a result of such arbitration proceeding shall be binding, and shall be in writing and provide an explanation for all conclusions of law and fact. Any such arbitration shall be conducted by an arbitrator experienced in scientific research and commercial law and shall include a written record of the arbitration hearings. The Parties reserve the right to object to any individual arbitrator who is employed by or affiliated with a competing entity. All decisions or awards are subject to enforcement in a court of competent jurisdiction.
Discussion
Deci, dacă vrem, putem diferenția între „decizie” și „hotărâre”.
Foarte utilă postarea Mihaelei.
http://unctad.org/en/docs/edmmisc232add41_en.pdf
¨The award of the arbitral tribunal is the instrument by which the tribunal records
its decision in the arbitration. An award is not a mere recommendation. It is a
final settlement of the matters contained in it. The award may simply declare
the rights of the parties, for example, that the goods delivered in a long-term
supply contract conformed to the contract. Such a declaration settles the dispute
and permits the parties to continue the contract peacefully. The award may
order one of the parties to pay a sum of money to the other party, to perform
an act or to refrain from performing an act.
Not all decisions of the arbitral tribunal are awards. The tribunal will make
many decisions during the course of the arbitration. Some of them are simply
administrative, such as the scheduling of a hearing. Such decisions will normally
be in the form of a procedural order. Other decisions are of more significance.¨
Arbitration
Arbitration is a time-tested, cost-effective alternative to litigation. Arbitration is the submission of a dispute to one or more impartial persons for a final and binding decision, known as an "award."