Parties can seize assets before winning an award, says US court
A US court told Daewoo it was entitled to seize a cargo of pig iron (Credit: istock.com/Dazman)
In a ruling that has been described as providing "crucial security" for award creditors, a US appeals court has found that a party may attach assets before an award is issued, even if a state has no legislation expressly permitting it.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now