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Srislawyers21 Oct, 2022Legal

The arbitrator then listens to the case presented by the parties' commercial contract dispute attorneys before deciding on the award. In arbitration, that hearing can take anywhere from a few days to months, depending on the complexity of the case. A commercial contract dispute arbitration award is received after the evidence and summaries of the parties are considered. There are limited grounds to challenge a commercial contract dispute arbitration award. Upon receipt of the arbitration award, the prevailing party may have that award rendered by a court and it will have the same enforceable force as a judgment rendered by a court. A commercial contract dispute attorney can help enforce the award.