Sentences with phrase «foreign arbitral awards»

For example, the New York Convention allows member states to declare that they will enforce foreign arbitral awards only from countries that will enforce those made in the declaring state: in short, a reciprocity clause.

Despite these concerns, Badawy states: «From experience, successful enforcements of foreign arbitral awards in Egypt is common, unless the award breaches public policy in Egypt, contradicts a judgment previously rendered by an Egyptian court on the subject matter in dispute, or was not properly notified to the party against whom it was rendered.»

Declarations: (a) The Republic of Venezuela will apply the Convention only to the recognition and enforcement of foreign arbitral awards made in the territory of another Contracting State.

The legal framework for this is the Convention on the Recognition and Enforcement of Foreign Arbitral Awards from 1958.

For example, the UAE ratified active enforcement of foreign arbitral awards under the New York Convention in 2006.

The Convention on Recognition of Foreign Arbitral Awards Act 2001 which implements the New York Convention 1958 (acceded to by many African countries) applies to any award delivered under the International Arbitration Act.

In Ontario, if the International Commercial Arbitration Act, R.S.O. 1990, c. I. 9 applies, then it provides that the UNCITRAL Model Law (and the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards as is contained in the UNCITRAL Model Law) is the law of Ontario.

Nicolas Audier, Bernadette Fahy and Tran Trong Binh advised one of the leaders in the global trade of an unnamed commodity headquartered in Switzerland in its application for the recognition and enforcement of seven foreign arbitral awards for a total amount of about $ 21 million through the Vietnamese courts.

The Convention's aim is not to limit the pre-existing freedom of the Contracting States to treat foreign arbitral awards or arbitration agreements as favourably as they please, but rather to facilitate their recognition and enforcement to the greatest extent possible.

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.

Adoption of the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards Convention

In the meantime, the DIFC Court Law (DIFC Law No. 10 of 2004) gives the Court of First Instance discretion to ratify and enforce foreign arbitral awards within the DIFC.

Enforcement of Foreign Arbitral Awards Arising from an Internal Trust Arbitration: Issues Under the New York Convention

Litigation partners Martin Flumenbaum and Brad Karp's latest Second Circuit Review column, «Enforcing Foreign Arbitral Awards Against Alleged Alter - Egos,» was published March 29 in the New York Law Journal.

Leonardo de Campos Melo / Recognition of foreign arbitral awards in Brazil / 24 (1) The American Review of International Arbitration 113 (2013)- 2013

There are several reasons for this, not the least of which is that Chinese courts consider it an insult to their sovereignty to enforce foreign arbitral awards.

The New York Convention was established as a result of dissatisfaction with the Geneva Protocol on Arbitration Clauses of 1923 and the Geneva Convention on the Execution of Foreign Arbitral Awards of 1927.

However, foreign investors may avoid all these difficulties by recourse to arbitration and indeed, Morocco is a member of the New York Convention on the recognition and enforcement of foreign arbitral awards and a member of The Washington Convention on ICSID.

It also implements the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.

Similarities and distinctions with respect to enforcement of foreign arbitral awards, and potential implications for forum selection.

With the advent of the 1958 United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the New York Convention), the world finally had a treaty that would allow for enforcement of foreign arbitral awards.

Professor (Dr.) Albert Jan van den Berg, founding partner at Hanotiau & van den Berg, the world - class international arbitration boutique firm, spoke at the third annual Carolyn Lamm / White & Case International Arbitration Lecture at Miami Law, delivering «Reflections on the 60th Anniversary of the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.»

Comments on the draft Convention on the Recognition and Enforcement of Foreign Arbitral Awards

Comments by governments on the draft Convention on the Recognition and Enforcement of Foreign Arbitral Awards