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1 Recognition and enforcement of arbitral awards

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Kura,
RecognMon and Frnreementx b ei n g e nf or c e d . Howe v e r , whe r e a c our t ord e r s i ts enforcement, th e r ou e ha s l og i c a l l y r e c og n i z e d i t.
Foreipn MIA. Awards: A Global Lastly, although the Convention's title only mentions the recognition and e nforce me nt of awar ds, A rti cle II of the instr ument ala s pr ov ide s for the r ecogn ition of arb itration
Commentary ... agr eemenn . Here aga in. the defen si ve a spec t come s to the f ore T h e c o u p o f a C o n t r a c t i n g S t a t e , w h e n p r e s e n t e d w i t h a n a c t i o n m a n e r i n respect of which the parties have
entered into an arbitration agreement. shall, at the request of one of the panics, refer the parties to
arbitration and ensure that the c on tr a c tu a l a gr e e me n t se l e c ti n g th i s spe c i fi c di sp u te r e sol u ti on
Recognilion and enfort Merge,
me c h an i sm i s h on ore d .

IV. JUDICIAL REVIEW OF ARBITRAL AWARDS

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B oth th e a c ti on b r oug h t i n r e sp ec t of an a wa r d ma de wi th in th e te r r i tor y of th e s ta te of th e d e s i g n a te d
p l a c e of a r b i tr a ti on (A r t i c l e 3 0 Mo d e l L a w ) a n d th e ap p li c a ti on to a c ou r t r eq u e sti ng tha t th e c ou r t
r e c ogn i ze an d d ec l a r e e n f orc e a bl e an award made in a foreign country set in motion procedures to review
an arbitral a wa rd . In v ol v in g c ou r ts in pr i v a tel y ag r ee d an d p ri v a te l y c ond u c ted di sp u te r e s o l u ti o n i s, a s a
m a n n - of l e g i s l a ti v e an d c o n tr a c t u a l p ol i c y , n ot s e l f - e x p l a n a t or y . But allowing courts to be involved in

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the process is a way to obtain the consent of so v e r e i g n It s t h e c a s e of a n i n te r n a t i o n a l i n st r u me n t, a
c om mu n i ty o f s ov e r ei g n s) to th e pr i v a te ex e r c i se of ad ju d ic a ti on , an d, mor e g en e r al l y , it gi v e s pa r ti e s
t o c o mm e r c i a l tr a n sa c t i o n s a s w e l l a s th e g e n e r a l p u b l i c a ss u r a n c e s t h a t a r b i t r a t i o n i s a r e l i a b l e a n d
t h e r e f or e v i a b l e a l t e r n a ti v e to l i t i g a t i o n . I n ot h e r w or d s, i f the final re su lt, the a war d, i s to en joy the
same soc ie tal rec og nition and digni ty as a coun judg men t. the procedu re must be sh aped to provid e
te l e . sa
elleader ce rta in gu aran tee s of fa i r ne ss al on g wi th c e r tai n saf e ty v a l v e s.
E v e r y th i ng i s a qu e sti on of mea su r e an d d eg r ee . F or i n sta nc e , to wh a t ex te n t may national courts
Accesati acum Goople Play
review arbitral awards? And what is the relationship between arb it ral trib una ls and the c our ts? The wend
in mode m Into i s to reduc e the ground s on whi ch na ti ona l c our ts can rev iew arbitr al aw ards in
BilDlioteca mea
in ter national commer cia l a rb i tr a ti on s. Le g al sy ste ms ta k e d if f er e n t v i e ws a s to wh e the r dome sti c
meu a rb i tr a ti on s are subject to the same liberal regime or whether they ought to be monitored and sc r u ti n i ze d
d if f er e n tl y , mor e th or ou g h l y , an d a l so on a wi de r v a ri e ty of gr ou nd s. S wi m and Belgi an law repre se nt
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one ex tre me posi ti on in that th ey all ow par tie s by expr ess ag ree men t, to op t ou t of any judic ial re vie w
pr oc ess (se rting -a sid e proce d ur e s) i f n e i th e r pa r ty i s S wi ss (A r ti c le 192 of th e Fe de r a l Sta tu te on Pr i va te
I n te r n a ti on a l L a w) o r B e l g i a n ( A r ti c l e 17 17 ( 2 ) of th e Ju d i c i a l C od e ) . Co u n t r i e s h a ve ta ke n th i s
a pp r oa c h i n or de r to a ttr a c t i n te r n a ti on a l a r bi tr a ti on b u si ne ss an d
1.
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