Sentences with phrase «of international arbitration awards»

In light of the New York Convention Article III prohibition on applying more onerous procedure to the enforcement of international arbitration awards than to that of domestic awards, this discrepancy is problematic.

This decision has been appealed and it will be interesting to see the effects the ruling will have on the enforcement of international arbitration awards.

DC's a lot of international arbitration award enforcement, white collar crime and antitrust.»

«This judgment has not only established that NNPC is free to advance its case that the award had been procured by fraud, but it also gives legal clarity and precedent regarding the attaching of conditions to the raising of a defence to the enforcement of an international arbitration award.

The United Kingdom Supreme Court has unanimously ruled in favour of the Nigerian National Petroleum Corporation in its long - fought battle with IPCO Nigeria, thereby clarifying the conditions to raising a defence to the enforcement of an international arbitration award.

Not exact matches

The company said that it intends use the net proceeds from the arbitration award, after federal and state taxes of approximately 37 percent and certain other expenses, to repurchase Mondelez International Class A Common Stock, subject to final approval by the Board of Directors and actual receipt of the proceeds.

In international arbitration enforcement of awards is facilitated by the New York Convention in more jurisdictions and more easily than enforcement of court judgments internationally.

This question of arbitrator disclosure keeps surfacing in international arbitration, because it is an effective way to challenge an award.

As Director of Arbitration and ADR, North America, for the ICC International Court of Arbitration, she advised North American companies, law firms and parties on all phases of ICC arbitration, including negotiating and drafting arbitration clauses, substantive and procedural rules for filing requests for arbitration before the ICC Court, and enforcement of arbitration awards

Nonetheless, the enactment of the Arbitration Law will give foreign investors confidence that if they agree to refer disputes to international arbitration outside Myanmar, an award may be enforced by the Myanmar courts under the Arbitration Law.

The Smit - Lowenfeld Prize is awarded annually by the International Arbitration Club of New York to recognize the outstanding article published in the previous year on any aspect of internationalInternational Arbitration Club of New York to recognize the outstanding article published in the previous year on any aspect of internationalinternational arbitration.

Courts have rejected challenges under article V (1)(d) where the parties choose institutional rules to govern their procedure that provide for flexibility concerning the manner in which the tribunal is to be composed.881 On the other hand, a German court refused recognition and enforcement where an award was rendered by two, instead of three arbitrators, as expressly required by the rules of the International Arbitration Court of the Belarusian Chamber of Commerce that the parties had agreed would govern their arbitration.882

Almost 60 years after its creation, the New York Convention continues to fulfil its objective of facilitating the recognition and enforcement of foreign arbitral awards, and in the years to come, will guarantee the continued growth of international arbitration and create conditions in which cross-border economic exchanges can flourish.

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 Ainternational 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 AInternational 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.»

Summary: The appellant moved the Supreme Court to grant its application for recognition and enforcement of an arbitration award rendered by the International Centre for Dispute Resolution in New...

Our world - renowned international arbitration team, with more than 150 lawyers across the globe, is one of the few global legal practices with the experience and resources to assist clients from the onset of a dispute, through to enforcement of an award.

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.

They may also help improve the reputation of international arbitration, which has been criticised for its lack of transparency (both of the process and the awards) and accountability (of arbitrators and practitioners alike) by some sections of the media and members of the legal profession.

Elektrim SA v Vivendi Universal SA & Ors [2007] 2 Lloyd's Rep 8: grounds for restraining by injunction an arbitration; as well as several leading cases dealing with interim relief in aid of international arbitral proceedings including Mobil Cerro Negor Ltd v Petroleos de Venezuela SA [2008] 1 Lloyd's Rep 684 (expropriation of Mobil's oil fields in Venezuela; successfully discharged worldwide freezing order for US$ 12 billion under s. 44 of the Arbitration Act 1996); ETI NV v Republic of Bolivia [2009] 1 WLR 665 (CA): (nationalisation of company; successfully discharged a freezing order obtained under s. 25 of the CJJA 1982 and s. 44 of the AA 1996 in aid of an ICSID arbitration); Telenor v Vimpelcom & Altimo Group (pre-arbitration interim relief in S$ 3bn telecommunications shareholder dispute); Yukos Oil v Rosneft (US$ 425m freezing order in support of enforcement of Russian arbitral awards);

The award, based on the research and opinions of thousands of lawyers, recognises Essex Court as the pre-eminent set for international arbitration.

In particular, while the 1945 UN Charter and the UN Convention on the Law of the Sea acknowledged and promoted interstate arbitration, the New York and the Washington conventions consecrated the principle of recognition and enforcement of arbitral awards with regards to international trade and investment.

Yet the enforcement of international arbitral awards continues to be one of the key challenges of the international arbitration system, complicated further where the non-complying award debtor is a state.

Through the adoption of international conventions on the enforcement of foreign arbitral awards, the enforceability of a foreign (US and other international) arbitration award has become easier in many instances.

It is anticipated that the new law will provide a properly structured procedural framework for domestic and international arbitrations seated in the UAE, with clear rules on when an award may be challenged, as well as easing the route to enforcement of awards by giving arbitration awards the status of court judgment which can be ratified in the UAE Courts (thereby avoiding lengthy enforcement proceedings).

Gonzalez's panel, entitled «The Contribution of Latin America to International Law,» will address how investor - state arbitration awards involving Latin American countries have contributed to the formulation or evolution of international law, and how such evolution may impact public policy issues in LInternational Law,» will address how investor - state arbitration awards involving Latin American countries have contributed to the formulation or evolution of international law, and how such evolution may impact public policy issues in Linternational law, and how such evolution may impact public policy issues in Latin America.

Shearman's international arbitration practice only takes in one or two juniors a year, but there's a wide variety of work on offer as «after arbitration comes enforcement (of the arbitral award), and we do some of that as well, usually in conjunction with litigation.»

Noting the success that the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention) has achieved for international arbitration, supporters of a conciliation convention are eager for UNCITRAL to develop an equivalent measure for international conciliation.

International arbitration is a Shearman trademark, and during the time of our research it was fighting for the largest potential award in arbitral tribunal history, a whopping $ 50 billion from Russia on behalf of former controlling shareholders of bankrupt oil giant Yukos.

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.

The lawyers at Gilbertson Davis LLP can assist individuals or companies with the enforcement, or resisting enforcement, of both domestic arbitration awards and international arbitration awards.

Clyde & Co took home the Dispute Resolution Team of the Year award for its work on an international arbitration case and subsequent appeal, which set a precedent that has been followed by numerous others in Dubai International Financial Centre (DIFC) award enforinternational arbitration case and subsequent appeal, which set a precedent that has been followed by numerous others in Dubai International Financial Centre (DIFC) award enforInternational Financial Centre (DIFC) award enforcement cases.

During the UNCITRAL colloquium on PPPs in 2014, for example, participants questioned the suitability of utilizing international arbitration for PPP - related disputes, mainly because of the «multiple investment treaties, multiple international arbitration forums, cases and rulings, and the poor enforcement of international arbitral awards».

In 2016, Mr. Pierce was honored for his transatlantic arbitration work by The American Lawyer in its Transatlantic Legal Awards contest and was named an exclusive recipient of the International Law Office 2016 Client Choice Award for Arbitration in the United States.

Wilmer Cutler Pickering Hale and Dorr LLP's International Arbitration Group has been named as the «Firm of the Year» for international arbitration by The Legal 500 UKInternational Arbitration Group has been named as the «Firm of the Year» for international arbitration by The Legal 500 UKinternational arbitration by The Legal 500 UK Awards 2013.

This award reflects the hard work and the quality and commitment of our entire international arbitration team.»

In addition to his arbitration practice, Mr. Pierce represents clients in complex international civil litigation matters in US courts, including efforts to enforce, or resist enforcement of, international arbitral awards.

The Convention on the Recognition and Enforcement of Foreign Arbitral Awards, also known as the «New York Arbitration Convention» or the «New York Convention», is one of the key instruments in international arbitration.

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).

Reacting to complaints that arbitration has become increasingly costly and slow, at the start of 2016 the International Chamber of Commerce (ICC) announced new time scale expectations for the submission of awards to try and combat the problem.

Therefore, the homologation process in Ecuador implies that the party that seeks the enforcement of a foreign award shall file a petition with the Provincial Court8, which will assess whether the award complies with the following requirements: (i) The international award complies with the formalities required for it to be considered authentic in the state where it was issued; (ii) The award is final and binding in the jurisdiction where it was delivered and the attachments are duly legalized; (iii) With regard to the requirement prescribed in the Convention, if the award is in a language other than the official language of the country, in this case Spanish, it shall incorporate a translation; (iv) It is shown from the legal papers of the arbitration proceedings that the party against whom the awards is being enforced was duly notified of the claim and that there was no due process violation; (v) The petition must specify the domicile of the party against whom the award is being enforced.

Reports or copies of arbitral awards addressing procedural or other issues of importance in international arbitration;

In addition, this new homologation process established in the GOPC represents a disadvantage for international arbitral awards compared to domestic awards, reducing somewhat the effectiveness and development of international arbitration in the country.

The homologation process might result in the non-enforcement of every single international arbitration award, since the GOCP has established an opportunity for the losing party to oppose the recognition.

In this instance, if domestic arbitrations awards do not require a process of knowledge as an intermediate stage between its expedition and its execution, neither should international awards.

This decision has been the subject of considerable discussion among arbitration practitioners: as was discussed several months ago on Slaw, the case raises a number of difficult questions about how international arbitration and Canada's treaty obligations in that respect interact with local procedural law — specifically limitation of actions — when seeking to enforce the award, and more generally whether foreign judgments and arbitral awards should continue to be treated, for limitations purposes, as mere contract debts.

Moreover, under Article 238 of the UAE Law of Civil Procedures, the terms of treaties between UAE and foreign countries and international conventions ratified by the UAE are applicable in law in connection with the enforcement and recognition of foreign arbitration awards.

Successfully represented a group of national and international insurance companies in appeal proceedings that stemmed from the issuance of a multimillion - dollar arbitration award that arose out of an insurance loss that occurred at a coal - fired electrical generating facility.

(3) for international arbitrations, having an award issued within the DIFC, a jurisdiction within the UAE, will mean that parties can take advantage of the New York Convention in enforcing the award

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.

Equally under Article 238 of the Law of Civil Procedures, the terms of treaties between UAE and foreign countries and international conventions ratified by the UAE are applicable in law in connection with the enforcement and recognition of foreign arbitration awards in the UAE.