Sentences with phrase «commercial arbitration award»

Another important change in the New ICAA is the creation of a ten - year limitation period for the recognition and / or enforcement of international commercial arbitration awards.

Not exact matches

Indeed, arbitration now seems to be commercial parties» first choice for dispute resolution in view of obvious benefits such as the clear policy of finality of arbitral awards, as well as confidentiality of arbitral proceedings.
While commercial parties may turn to arbitration as the choice dispute resolution mechanism in its transaction document, parties are advised to be alive to the fact that by adopting certain institutional arbitration rules within the arbitration agreement and conducting the arbitration under the auspices of those institutions, they will be taken to have agreed to waive their right to recourse against the award by way of appeal on a question of law in the context of domestic arbitrations.
The Arbitration Law expressly provides that its objectives are to effectively resolve domestic and international commercial disputes in a fair and effective manner, recognise and enforce international arbitral awards and encourage dispute resolution by arbitration.
Our work has included obtaining the recognition and enforcement of four AAA arbitral awards through proceedings conducted before and after the enactment of the Dominican commercial arbitration law, which have become landmark cases in the Dominican Republic.
[2014] EWHC 3704 (Comm) The Commercial Court dismissed the application brought by Cruz City 1 Mauritius Holdings («Cruz City») who sought to obtain freezing orders on the basis of English proceedings that had been commenced to enforce an arbitration award against, among others, non-parties to -LSB-...]
This includes inter-state litigation in relation to commercial contracts, the interpretation of treaties and state immunity under the State Immunity Act 1978, particularly in the context of enforcement of arbitration awards against states.
Albania is party to many arbitration conventions (New York Convention, European Convention on International Commercial Arbitration, ICSID, UNCITRAL) and Albanian courts are generally in their track record of recognizing foreign arbitral awards.
Nowhere is the policy underlying commercial arbitration more important than where an appellate court subjects an arbitral award to judicial scrutiny.
Acting (led by Joe Smouha QC) in proceedings in the Commercial Court concerning the enforcement of a New York Convention arbitration award.
The contract provides that any dispute that might arise is to be settled by arbitration in Danubia, a country that has enacted the UNCITRAL Model Law on International Commercial Arbitration and is a party to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
Appearing in the Commercial Court in respect of CPR Part 71 examination on behalf of the officers of a company subject to a substantial unsatisfied arbitration award.
A 3 - day LMAA arbitration against a QC; Ravi also defended the subsequent challenge to the award in the Commercial Court.
2 The New York Convention (1958), -LRB-...) is the centerpiece in the mosaic of treaties and arbitration laws that ensure acceptance of arbitral awards and arbitration agreements (INTERNATIONAL COUNCIL FOR COMMERCIAL ARBITRATarbitration laws that ensure acceptance of arbitral awards and arbitration agreements (INTERNATIONAL COUNCIL FOR COMMERCIAL ARBITRATarbitration agreements (INTERNATIONAL COUNCIL FOR COMMERCIAL ARBITRATIONARBITRATION, 2011).
[71] Commercial parties in particular are urged to exclude «to the fullest extent» [72] the availability of appeal in their arbitration agreements and to fully embrace arbitral awards as final.
He also regularly appears in the English Commercial Court in many arbitration applications, ranging from anti-suit injunctions to issues concerning the bias of an arbitrator (see, e.g., AT&T v Saudi Cable Company) to enforcement of awards.
«I welcome enquiries concerning large, complex litigation and arbitration, entirely within Ontario or having a cross-border dimension, and referrals from lawyers and attorneys in Ontario, other provinces, US and other foreign jurisdictions, regarding business disputes and commercial litigation, fraud litigation and recovery, real estate litigation, urgent equitable remedies, including injunctions and the enforcement of Ontario, US and other foreign judgments and arbitration awards in Ontario.»
After the appellants failed to appear at the German arbitration and the Ontario application to enforce the German arbitral award, the appellants finally responded by bringing this appeal based on a technical argument under Article 35 (2) of the International Commercial Arbitration Act, R.S.O. 1990, c. I. 9, which required the party relying on the foreign arbitral award to supply a certified copy of the original award to the application judge.
This database provides the most extensive collection of judicial opinions and arbitral awards from around the world in the field of international commercial arbitration.
The Arbitration Act, 1991 (the «Act») provides for a thirty day time period to appeal the arbitration award while the International Commercial Arbitration Act (the «ICAA») provides for a longer three month time period.
Banking and financial markets cases / Securities and shareholder disputes / International arbitration / Professional negligence / Competition and anti-trust / Trust litigation / Intellectual property / Insolvency / Insurance / Tax / Group and class actions / General commercial disputes / Fraud / Shipping and international trade / Enforcement of judgments and awards
Commercial Arbitration and Investor - State Arbitration under the rules of one of the major international arbitration institutions, such as the ICC, LCIA or ICSID and subject to a wide range of laws can be financed in a variety of venues, against respondents whose assets appear to be available to satisfy any award.
Martinez - Fraga and Reetz will discuss the evolving relationships between international commercial arbitration and the increasingly significant field of investor - state arbitration, including the use of the U.S. courts to obtain discovery of evidence for use in those proceedings and the differing standards used for enforcement of international commercial and investor - state arbitral awards.
The amendments (ss.2 (e) and 47) confer jurisdiction to hear all questions relating to international commercial arbitrations, including applications for the enforcement of foreign awards, to the High Courts (i.e., the highest court in each state).
Zavod Ekran Oao v Magneco Metrel UK Ltd [2017] EWHC 2208 (Comm); [2017] Lloyd's Rep. Plus 83 Action by the Claimant to enforce a Russian arbitration award of the International Commercial Arbitration Court.
Michael Wilson & Partners Limited v Emmott: [2011] EWHC 1441 (Comm) Acted for the applicant in the Commercial Court challenging an arbitration award under ss 68 and 69 of the Arbitration Act 1996 involving allegations of diversion of corporate opportunities and secret commissions against a partner of a law firm.
In Maximov v NMLK [1] the English Commercial Court tackled again the thorny issue of the enforcement of a foreign arbitral award which has been set aside by the supervisory courts in the seat of the arbitration.
Because investment awards, unlike their commercial arbitration counterparts, regularly become public, they develop into focal points that are invoked by counsel and used in the reasoning of arbitrators.
Even though Alphamix concerned a domestic arbitral award, the attitude of the Judge in scrutinizing the arguments against the enforcement of an award when a litigant has gone through all the proper court procedures, even public interest ones, is most welcome and sends a strong signal to public bodies which choose to have their commercial disputes resolved by way of arbitration, that they should take arbitration proceedings and arbitral awards made against them seriously.
Key Singapore: applications to the Commercial Court under sections 67,68 and 69 of the Arbitration Act 1996 in relation to issues of time limits for lodging notice of appeal where there has been a private submission to arbitration in a salvage case and whether it is necessary to lodge a separate notice of appeal in relation to an award on costs only.
Bonnie Smithwick: LMAA commercial arbitration and related court proceedings concerning a freezing injunction and priorities as between the lending bank and a potential award creditor.
The British Columbia Court of Appeal (in a recent case identified as United Food & Commercial Workers Union, Local 1518 v. Sunrise Poultry Processors Ltd.) has confirmed that there is no general right for grievors or witnesses to avoid having their names disclosed in labour arbitration awards.
In this issue: The development of arbitration in the Asia - Pacific region; The English Commercial Court refuses to enforce a New York Convention award; Further development of Dubai as a regional arbitration hub: the launch of EMAC (Emirates Maritime Arbitration Centre); Removal of an arbitrator due to lack of impartiality: a recent English Commercial Court case; Conferences and events
Services in the Arbitration Practice include serving as local counsel in connection with international commercial arbitrations, assisting in matters relating to the enforcement of foreign arbitral awards and representing clients in arbitration proceedings.
In B.C. the scope of appellate intervention in commercial arbitration is narrow: there is limited jurisdiction for appellate review of arbitration awards because B.C. is statutorily limited to questions of law (Arbitration Act, s. 31); even where such jurisdiction exists, the S.C.C. held that a deferential standard of review — reasonableness — «almost always» applies to arbitration awards (Sattva Capital v. Creston Moly Corp., [2014] 2 S.C.R. 633, at paras. 75, 104 and 106).
representing an international oil company in an AAA / ICDR commercial arbitration (New York seat) relating to rights and remedies pursuant to an agreement governed by New York law to share costs and monetary awards of investment arbitration against a South American state (claim US$ 500 million)
Handled labor and employment arbitration, including 2014 employment arbitration resulting in defense award, and arbitrations resulting in six - figure recoveries for clients on cross-claims or commercial disputes.
Section 2 (1) of the New ICAA explicitly states that the New York Convention «has force of law in Ontario in relation to arbitral awards or arbitration agreements in respect of differences arising out of commercial legal relationships.»
Recognizing the growing importance of international arbitration as a means of settling international commercial disputes, the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the Convention) seeks to provide common legislative standards for the recognition of arbitration agreements and court recognition and enforcement of foreign and non-domestic arbitral aAwards (the Convention) seeks to provide common legislative standards for the recognition of arbitration agreements and court recognition and enforcement of foreign and non-domestic arbitral awardsawards.
BS (2012): LMAA commercial arbitration and related court proceedings concerning a freezing injunction and priorities as between the lending bank and a potential award creditor.
The database already contains a large collection of laws, treaties, agreements, awards and other primary materials related to commercial and international arbitration.
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