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Recognition and Enforcement of Foreign Arbitral Awards - The Interpretation and Application of the New York Convention by National Courts (Paperback, Softcover reprint of the original 1st ed. 2017)
Loot Price: R8,683
Discovery Miles 86 830
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Recognition and Enforcement of Foreign Arbitral Awards - The Interpretation and Application of the New York Convention by National Courts (Paperback, Softcover reprint of the original 1st ed. 2017)
Series: Ius Comparatum - Global Studies in Comparative Law, 23
Expected to ship within 10 - 15 working days
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This book examines how the Convention on the Recognition and
Enforcement of Foreign Arbitral Awards, commonly known as The New
York Convention, has been understood and applied in [insert number]
jurisdictions, including virtually all that are leading
international arbitration centers. It begins with a general report
surveying and synthesizing national responses to a large number of
critical issues in the Convention's interpretation and application.
It is followed by national reports, all of which are organized in
accordance with a common questionnaire raising these critical
issues. Following introductory remarks, each report addresses the
following aspects of the Convention which include its basic
implementation within the national legal system; enforcement by
local courts of agreements to arbitrate (including grounds for
withholding enforcement), recognition and enforcement of foreign
awards by local courts under the Convention (including grounds for
denying recognition and enforcement), and essential procedural
issues in the courts' conduct of recognition and enforcement. Each
report concludes with an overall assessment of the Convention's
interpretation and application on national territory and
recommendations, if any, for reform. The New York Convention was
intended to enhance the workings of the international arbitral
system, primarily by ensuring that arbitral awards are readily
recognizable and enforceable in States other than the State in
which they are rendered, subject of course to certain safeguards
reflected by the Convention's limited grounds for denying
recognition or enforcement. It secondarily binds signatory states
to enforce the arbitration agreements on the basis of which awards
under the Convention will be rendered. Despite its exceptionally
wide adoption and its broad coverage, the New York Convention
depends for its efficacy on the conduct of national actors, and
national courts in particular. Depending on the view of
international law prevailing in a given State, the Convention may
require statutory implementation at the national level. Beyond
that, the Convention requires of national courts an apt
understanding of the principles and policies that underlie the
Convention's various provisions. Through its in-depth coverage of
the understandings of the Convention that prevail across national
legal systems, the book gives practitioners and scholars a
much-improved appreciation of the New York Convention "on the
ground."
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