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.»
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.
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.
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.
Adoption of the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards Convention
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 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.
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
Report of the Committee, recommending a Draft Convention on the Recognition and Enforcement of Foreign Arbitral Awards
E / 2822 / Add.1 - Recognition and Enforcement
of Foreign Arbitral Awards: Comments by governments on the draft Convention on the Recognition and Enforcement of Foreign Arbitral Awards