Usage Note
Schiedsspruch is a binding decision issued by an arbitration tribunal (Schiedsgericht) to resolve a commercial dispute outside state courts. It has the same enforceability as a court judgment once recognised.
Examples
"Der Schiedsspruch verpflichtete das Unternehmen zur Zahlung von Schadensersatz."
Natural Translation
The arbitral award obligated the company to pay damages.
Literal Translation
The arbitral-award obligated the company to-the payment of damages.
Related Words
- Abmahnschreiben formal warning letter (demanding cessation of unlawful conduct)
- Abschiebung deportation
- Akteneinsicht access to files
- Amtsgericht local court
- Amtspflicht official duty; duty of care owed by a public official
- Anfechtungsklage action for annulment
- Angeklagte defendant
- Anhörung hearing; right to be heard (before a decision is made)
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