Is it possible to obtain a stay of execution on a securities arbitration award?

Yes, it is possible to obtain a stay of execution on a securities arbitration award in Washington. A stay of execution is an commonly used legal tool that prevents a judgment from being enforced while an appeal is pending. In Washington, a party may obtain a stay of execution on a securities arbitration award by filing a motion with the court. Generally, the motion must show that the party has a likelihood of success on appeal and will suffer irreparable harm without a stay of execution. The motion also must address the balance of hardships between the parties. The court may grant a stay of execution on a securities arbitration award if the party seeking the stay can show that all these elements are present. It is important to note that the court may require a party seeking a stay of execution to post a bond, which is an amount of money to be held by the court, in order to cover any damages incurred by the other party if the stay of execution is ultimately overturned. Overall, it is possible to obtain a stay of execution on a securities arbitration award in Washington by filing a motion with the court and meeting the elements for granting a stay. However, the court may require a bond to be posted in order to ensure that any damages can be recovered if the stay of execution is ultimately overturned.

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