Part VI The Award, Ch.25 Settlement and other Grounds for Termination
David D Caron, Lee M Caplan
- Settlement of disputes — Awards — Settlement & discontinuance of cases — UNCITRAL Arbitration Rules
In some cases, the parties may resolve their dispute during the course of the arbitration through a negotiated settlement. In other cases, the arbitration may become unnecessary or may be impossible to continue, for reasons such as the claimant's failure to pursue its claim, the resolution of the arbitral dispute in another forum, or the parties’ failure to fund the arbitral tribunal through required deposits of money. In these circumstances, and possibly others, the arbitration will not end with an award that reflects a full adjudication of the issues, but rather...