210 / 521
be potentially unenforceable, and verification of the fact that every
party requested the award may be considered by the arbitral tribunal in
determining whether to issue an award by consent
11
.
Conclusion
The parties may request awards by consent when they reach a set-
tlement following the transmission of a file to the arbitral tribunal.
They have to meet the form requirements applicable to other ICC
awards. As awards by consent are arbitral awards in technical terms,
they have advantages in terms of enforcement. Without any doubt,
awards by consent are of great importance in the arbitration practice.
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11
Secretariat’s Guide, p. 326.