Arbitration and Award Schiedsverfahren und Schiedsspruch Arbitration and Award Arbitraje y laudo Arbitraje y laudo Arbitrage et sentence arbitrale פילוח ופסק דין विवाद-निस्तारण और पुरस्कार 仲裁と判決 Arbitragem e sentença arbitral 仲裁和裁决 Arbitration and Award refers to the process of resolving a legal dispute outside of court, where a neutral third party makes a binding decision on the matter.