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The High Court granted an application by a Danish company to recognise and enforce an arbitration award made in Denmark against an Irish company. The defendant was served with ample notice but did not appear or present any evidence of a valid challenge or of proceedings in Denmark suspending or setting aside the award. The court refused to adjourn the matter or require security, finding there was no basis to delay enforcement. As such, judgment was entered in the amount awarded by the arbitrator, including principal, interest, legal costs, and arbitration costs, and the defendant was ordered to pay the costs of the application.
arbitration award enforcement – recognition of foreign arbitral award – High Court application – interest and legal costs – arbitration costs – Arbitration Act 2010 – UNCITRAL Model Law – Order 56 RSC – parent company guarantee – procedural fairness – request for adjournment refused – final and binding award – security for enforcement – judgment in terms of arbitral award – proceedings to set aside (Denmark)
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