Comparative Guides
Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.
Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.
Start by selecting your Topic of interest below. Then choose your Regions and finally refine the exact Subjects you are seeking clarity on to view detailed analysis provided by our carefully selected internationally recognised experts.
Results: 4 Answers
International Arbitration
12.
Award
12.1
What procedural and substantive requirements must be met by an award?
 
Germany
An award must be rendered in written form and signed by the arbitrator(s). If the tribunal consists of more than one member, the signatures of the majority of the arbitrators are sufficient, as long as the reasons for the lack of the other signature(s) are explained. Furthermore, an award must usually contain the reasons for the decision, except for awards on agreed terms (cf Section 1053 of the Code of Civil Procedure) or where the parties have agreed otherwise. The award must also indicate its date, as well as the seat of the arbitration. A signed version of the award must be served upon each party.

For more information about this answer please contact: Nicholas Kessler from Orrick
12.2
Must the award be produced within a certain timeframe?
 
Germany
There is no mandatory time limit for rendering an award.

For more information about this answer please contact: Nicholas Kessler from Orrick