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ARTICLE · 02 MAY 2025

Electronic Arbitral Awards: A Balancing Act Between Efficiency And Enforceability

With the UNCITRAL Working Group II (Dispute Settlement) Colloquium on the Recognition and Enforcement of Electronic Arbitral Awards recently concluded...

United StatesLitigation, Mediation & Arbitration

With the UNCITRAL Working Group II (Dispute Settlement) Colloquium on the Recognition and Enforcement of Electronic Arbitral Awards recently concluded, we would like to draw your attention to the identified benefits of introducing legal framework on recognition and enforcement of electronic awards (e-awards) as well as pinpoint the most pressing reasons why parties, arbitral tribunals, and arbitral institutions currently continue to rely mostly on paper-based awards.

Benefits:

  • there is a general acknowledgement that electronic awards offer undeniable advantages of efficiency, convenience, cost-effectiveness, and environmental friendliness, thus complementing efforts to streamline arbitral proceedings;

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