Enforcement Of Arbitration Awards In The Philippines

As businesses become more geographically dispersed, international arbitration has become an economically viable alternative to resolving cross-border disputes. International arbitration awards are legally binding and enforceable in other jurisdictions as prescribed by international conventions and Philippine law. With this recognition of the efficacy of international arbitration, parties involved in disputes must ensure that their award is properly enforced within the territorial limits of the Philippines so as to enjoy its full legal benefit therein. This episode aims to provide a comprehensive overview into the enforcement process for such awards in the country, delving into the governing laws and identifying any potential pitfalls worth avoiding.

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