By Yasmine EDDAM
4 April 2025
After months, or even years, of exchanging briefs, producing documents and holding hearings, the arbitration process is coming to an end. The culmination of this process is the arbitral award, the decision by which the arbitral tribunal settles the dispute submitted to it. But what exactly is an award? How do the arbitrators arrive at this final decision? What is its legal value and, above all, how can it be enforced in practice, in France or abroad? This article explores the path taken by an international arbitration award, from the secret deliberations of the arbitrators to the procedures for giving it enforceability. What is an arbitral award? The arbitral award is the jurisdictional act by which the arbitral tribunal exercises the power of judgement entrusted to it by the parties. It differs from simple procedural orders (which organise the conduct of the proceedings) in that it settles, in a final and binding manner, the dispute...
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