What is the process for collecting a securities arbitration award?

In New Hampshire, the process for collecting a securities arbitration award is as follows: Step 1: File a Motion for Entry of an Award with the Arbitration Panel. The motion should include the award and the terms of settlement. Step 2: Register the Award with the Court. Once the award is entered, it must be registered with the appropriate court in order to become an enforceable judgment. Step 3: Serve Notice of Award. After the award is entered and registered, notice of the award must be served upon the respondent in order for it to take effect. Step 4: Enforce the Award. If the respondent does not pay the award, the claimant can then take steps to enforce the award. This may include filing a writ of execution with the court, or seeking a garnishment or attachment of the respondent’s assets. Step 5: Collect on the Award. Once the award is enforced, the claimant can then collect on the award. This may involve taking legal action against the respondent, or seeking payment from other sources such as insurance companies or other businesses. With these steps, a claimant in New Hampshire can collect on a securities arbitration award. While the process can be complex, a skilled securities lawyer can help ensure that all the steps are taken in order to successfully collect on the award.

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What is the process for collecting a securities arbitration award?

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