Awards

Abstract This chapter covers the issuance of arbitral awards by the Tribunal. In doing so, it discusses: (i) the form and content requirements of arbitral awards rendered under the Rules; (ii) the time limits that apply to the issuance of awards under the Rules; and (iii) the interpretation and correction of awards, including the issuance of an ‘additional’ award under the Rules. Arbitral awards represent cornerstone instrument(s) pursued by the parties to an arbitration, which, whether singularly or in parts, conclude the arbitral process in relevant part (or, in the case of a Final Award, in its entirety). The form and content requirements of arbitral awards issued in Dubai- or UAE-seated arbitrations have received heightened attention and public scrutiny. This is, in part, due to certain decisions of the UAE courts that have interpreted matters of public policy, award formalities, and due process in ways that have allowed parties to prevent the successful enforcement of arbitral awards in the UAE. As well as offering parties, counsel, and Tribunals a road map for the issuance of awards, Articles 34, 35, and 37 also serve as an unofficial checklist for enforcing courts, whether in the UAE or elsewhere, depending on the chosen enforcement jurisdiction.