Is there a timeline for enforcing a securities arbitration award?

Yes, there is a timeline for enforcing a securities arbitration award in New Hampshire. Under the New Hampshire Securities Act, the arbitration panel has fifteen days to issue its award after the hearing is concluded. The award must then be filed with the Supervisor of Securities within thirty days of the issuance. Once the award is filed with the Supervisor of Securities, each party has ninety days to appeal the award. If the award is not appealed, then it becomes final. If the award is appealed, then the party has another ninety days to file their appeal with the appropriate court. If a judgment is rendered, either party has ninety days to enforce the judgment. Once the judgment is issued, the party seeking to enforce the award must record the notice of lis pendens with the clerk of the court. This is a notice that a lawsuit has been filed and any action or sale of the subject property must be reported to the court. After the notice is recorded, the party seeking enforcement has one year from the date the judgment was issued to file an action to enforce the judgment. If an appeal is taken, or if either party does not timely file to enforce the award, then the award loses its enforceability. A party can then file a motion to reinstate the award with the court or with the arbitration panel.

Related FAQs

What is the difference between a securities arbitration panel and a FINRA panel?
What should I consider before deciding to pursue a securities arbitration claim?
What types of legal issues can be addressed through securities arbitration?
Is the evidence presented in a securities arbitration hearing the same as in court?
What types of damages can be awarded in a securities arbitration case?
Is a securities arbitration award subject to taxation?
What is the difference between arbitration and litigation?
Is there a right to a jury trial in a securities arbitration case?
Who pays for the costs of securities arbitration hearings?
Are there any time limits on filing a motion to vacate a securities arbitration award?

Related Blog Posts

A Guide to Understanding Securities Arbitration Law - July 31, 2023
Navigating Your Securities Arbitration Case: Step-by-Step Guide for Investors - August 7, 2023
Securities Arbitration: How to Make the Most of Your Claim - August 14, 2023
Securities Arbitration 101: Understanding the Basics of Investor Claims - August 21, 2023
Explaining the Role of Arbitrators in the Securities Arbitration Process - August 28, 2023