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IN THE MATTER OF AN ARBITRATION UNDER THE COMMERCIAL RENT (CORONAVIRUS) ACT 2022BETWEEN: TERA WESTEND LTD Applicant ANDEDGWARE ROAD (2015) LTD RespondentFINAL AWARDINTRODUCTION 1. The Applicant is
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What is an arbitration award?
An arbitration award is a legally-binding decision made by an arbitrator or arbitration panel to resolve a dispute between parties involved in arbitration.
Who is required to file an arbitration award?
The party that is responsible for initiating the arbitration process is typically required to file the arbitration award, often the prevailing party.
How to fill out an arbitration award?
To fill out an arbitration award, the arbitrator outlines the decision made, detailing the facts of the case, the issues addressed, and the final ruling or judgment.
What is the purpose of an arbitration award?
The purpose of an arbitration award is to provide a formal resolution to the dispute that is binding on the parties involved, thus enforcing the arbitrator's decision.
What information must be reported on an arbitration award?
An arbitration award must report information such as the parties involved, the summary of the dispute, the award decision, and any relevant terms or conditions.
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