Q: IN 2005-6- I WON ARBITRATION, THE BANK WILL NOT RELEASE MY MONEY. WHAT ORGANIZATION ENFORCES PAYMENTS FROM BANKS?
A: Generally if you win an award in arbitration, you can file a lawsuit in a court with jurisdiction over the Bank (often the contract that contained the arbitration clause also says the Bank consents to the jurisdiction of certain courts) to confirm the award. Once the award is confirmed in a court, it becomes a civil judgment which you can enforce just like any other civil judgment. For example, by placing a lien on the Bank's headquarters and then sending the Sheriff to sell the building or its contents (furniture, computers) at auction.
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