60 Years Of The New York Convention On The Recognition And Enforcement Of Foreign Arbitral Awards 1958
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| Author | : Katia Fach Gomez |
| Publisher | : Kluwer Law International B.V. |
| Total Pages | : 576 |
| Release | : 2019-03-22 |
| Genre | : Law |
| ISBN | : 9403501359 |
Worldwide interest in the recognition and enforcement of arbitral awards has never been higher, and the New York Convention of 1958, currently adhered to by 159 States including the major trading nations, remains the most successful treaty in this area of commercial law. This incomparable book, marking the Convention’s 60th anniversary, provides a fully updated analysis of the Convention’s application from international, comparative, and national perspectives. Drawing on a global conference held in Seville in April 2018 that was actively supported by UNCITRAL, the book’s 27 chapters, by highly qualified international practitioners and academics from different jurisdictions, address the subject with critical eyes, well aware of current developments and future challenges in the field of arbitration. Among the issues and topics covered are the following: Multi-tiered dispute resolution clauses. Applicability of the UN Convention on the Use of Electronic Communications in International Contracts. Complexities of enforcing orders determined by software. Enforcement of annulled awards. European Union law and the New York Convention. Enforcing awards against States and State entities. Sovereign immunity as a ground to refuse compliance with investor-State awards; Enforcement against non-signatories. Public policy exception. Arbitrating and enforcing foreign awards in specific countries and regions, including China, sub-Saharan Africa, and the ASEAN countries. Ample reference is made throughout to leading cases and practice. Familiarity with the intricacies of the New York Convention, as the most universally acknowledged framework in which cross-border economic exchanges can flourish, is essential for judges, practitioners, legal staff, business people, and scholars working with or applying international commercial arbitration anywhere in the world. This book’s combination of highly thought-provoking topics and the depth with which they are addressed will prove invaluable to all interested parties
| Author | : Reinmar Wolff |
| Publisher | : Anchor Books |
| Total Pages | : 612 |
| Release | : 2012 |
| Genre | : Arbitration agreements, Commercial |
| ISBN | : 9783832972646 |
In a world characterized, on the one hand, by globalized trade and commerce, and, on the other, by deteriorating judicial services, arbitration has become the dispute resolution mechanism of choice in cross-border commercial transactions. International arbitration not only paves the way for parties to avoid State courts, it also facilitates the transnational enforceability of awards that are far more effective than the enforceability of State court judgments. The major instrument is the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention) of June 10, 1958, which entered into force one year after. Since then, the New York Convention has been ratified by 144 States, including all the important trading nations. For good reason, the New York Convention is labeled the Magna Carta of international arbitration. The courts of any contracting State are required "to give effect to an agreement to arbitrate when seized of an action in a matter covered by an arbitration agreement and also to recognize and enforce awards made in other States, subject to specific limited exceptions" (UNCITRAL). In this book, the 16 articles of the Convention are dealt with in an article-by-article analysis, following a clear structure which swiftly guides the reader to the issue that he or she is engaged with. Given the New York Convention's global relevance, it follows that potential users of the Convention are in need of guidance as to how to apply it. The primary readers of this book will be: lawyers seeking (or defending against) recognition and enforcement of foreign arbitral awards worldwide, State court judges applying the Convention in recognition proceedings, and in-house lawyers in large and/or multinational enterprises dealing with transnational dispute resolution.
| Author | : Herbert Kronke |
| Publisher | : Kluwer Law International B.V. |
| Total Pages | : 674 |
| Release | : 2010-01-01 |
| Genre | : Law |
| ISBN | : 9041123563 |
The analysis thoroughly covers the major issues that have arisen in the application of the Convention, including the following: - the use of reservations made by Contracting States; - the distinctions between recognition and enforcement and between recognition sought at the seat of the arbitration and outside the seat; - the role of the courts in reviewing arbitral awards and, in particular, the Convention's focus on safeguarding due process standards; - the more favourable rightsA" principle embodied in Article VII(1); - the relevance of forum shopping and asset spotting to the application of the Convention; and - the role of formalities and formalism. The end result is an invaluable work that will prove enormously useful to all international commercial arbitration practitioners and scholars, regardless of location.
| Author | : UNCITRAL Secretariat |
| Publisher | : BRILL |
| Total Pages | : 399 |
| Release | : 2017-07-10 |
| Genre | : Law |
| ISBN | : 9004351949 |
The Guide on the Convention on the Recognition and Enforcement of Foreign Arbitral Awards provides a detailed analysis of the judicial interpretation and application of the New York Convention by reference to case law from 45 Contracting States. The Guide, and the newyorkconvention1958.org website which supplements it, will become an essential tool that benefits all those involved in the interpretation and application of the New York Convention, including judges, arbitrators, practitioners, academics and Government officials. The Guide gives clear expression to the principal finding of extensive research, namely, that the Contracting States have interpreted and applied the New York Convention in an overwhelmingly consistent manner and that courts have diverged from the general trends in the case law in only isolated instances. As such, the Convention continues to fulfill its purpose of facilitating the worldwide recognition and enforcement of arbitral awards to the greatest extent possible.
| Author | : Abayomi Okubote |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2018 |
| Genre | : |
| ISBN | : |
Sub-Saharan Africa has, in recent years, been classified as a natural-resource play for foreign investors. These investment potentials have made the region one of the most attractive investment destinations in the world. The region is also diverse, with a mix of different legal systems and legal traditions. While investors are constantly seeking to understand the different legal regimes, international arbitration offers comfort by providing a framework for the enforcement of rights in a neutral forum and on a different platform. According to the World Bank, the ability to enforce an arbitral award is an important factor for investors considering potential markets in which to invest.Given the sixtieth anniversary celebration of the New York Convention (NY Convention), this article examines the enforcement regimes for arbitral awards in sub-Saharan Africa. It considers the momentous developments in the enforcement regimes in the region, due to the implementation of the NY Convention. It examines the proposed amendments to the enforcement provisions in the Nigerian Arbitration Act (Repeal and Re-enactment) Bill 2017, recently passed by the Nigerian Senate. It also examines the important provisions in the revised Uniform Act on the Law of Arbitration and the revised Rules of Arbitration of the Common Court of Justice and Arbitration - both recently adopted by the OHADA Council of Ministers. It attempts a comparison between the enforcement regimes in the OHADA Member States, the NY Convention Member States, and in countries that do not belong to any of the two regimes.A chart of the legal regimes on enforcement of foreign arbitral awards in sub-Saharan Africa is attached as appendix.
| Author | : Franco Ferrari |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 179 |
| Release | : 2023-01-17 |
| Genre | : Law |
| ISBN | : 1035302071 |
This incisive book is an indispensable guide to the New York Convention's uniform regime on recognition and enforcement of foreign arbitral awards. Framing the Convention as a uniform law instrument, the book analyses case law from major arbitration jurisdictions to explain its scope of application, the duty to recognize arbitral agreements and awards as well as their limitations, and the procedure and formal requirements for enforcing arbitral awards.
| Author | : United Nations Publications |
| Publisher | : |
| Total Pages | : 354 |
| Release | : 2016 |
| Genre | : Business & Economics |
| ISBN | : |
The Guide on the New York Convention provides an insight on the application of the Convention by State courts.
| Author | : |
| Publisher | : |
| Total Pages | : 356 |
| Release | : 2009 |
| Genre | : Arbitration and award, International |
| ISBN | : |
| Author | : Uncitral Secretariat |
| Publisher | : Brill - Nijhoff |
| Total Pages | : 382 |
| Release | : 2017-07-20 |
| Genre | : Law |
| ISBN | : 9789004351936 |
B. What is a "competent authority" of the country "in which, or under the law of which", the award was made? -- C. Award set aside or suspended -- Article V (2)(a) -- A. Concept -- B. Application -- Article V (2)(b) -- A. Concept -- B. Application -- C. Procedural issues in raising the defence of article V (2)(b) -- Article VI -- A. General principles -- B. The decision to grant or deny adjournment -- C. The decision to order suitable security -- Article VII -- Article VII (1) -- A. General principles -- B. Interaction of the Convention with other treaties -- C. Interaction of the Convention with domestic law -- Article VII (2) -- Article VIII -- Article VIII (1) -- Article VIII (2) -- A. Procedure for becoming a party -- B. Depositary -- Article IX -- Article X -- Article XI -- Article XII -- Article XIII -- Article XIV -- Article XV -- Article XVI -- ANNEX I Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 10 June 1958) -- ANNEX II External Resources (Interactive Guide, Bibliography, Case Law, Jurisdiction Briefs, Travaux Préparatoires, General Index) -- Editorial Board -- UNCITRAL Secretariat -- Research Assistants -- Acknowledgement of Contributions
| Author | : United Nations |
| Publisher | : |
| Total Pages | : 64 |
| Release | : 1999 |
| Genre | : Law |
| ISBN | : |
" ... papers presented at "New York Convention Day." That colloquium was held in the Trusteeship Council Chamber of the United Nations Headquarters, New York on 10 June 1998 to celebrate the 40th anniversary of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards concluded on 10 June 1958."--t. p.
