Part VI The Award, Ch.26 Post-Award Proceedings
David D Caron, Lee M Caplan
- Settlement of disputes — Interpretation of award — Correction of award — UNCITRAL Arbitration Rules
Among the most important obligations that the arbitral tribunal owes the parties is to render a coherent, accurate, and complete award.1 Because international arbitration often involves complex claims adjudicated at a quick pace by arbitrators who may not be operating in their native language, ambiguities, mistakes, and omissions can taint the final product—perhaps to the point of compromising the validity of the award. To allow the arbitrators to rectify these problems, Articles 37, 38 and 39 of the UNCITRAL Rules, respectively, grant the arbitral tribunal...