Recognition and enforcement of foreign arbitral awards in theory and in practice: a comparative study in common law and civil law countries

cover image

Where to find it

Law Library — 3rd Floor Collection (3rd floor)

Call Number
K2400 .A963 2013
Status
Available

Authors, etc.

Names:

Summary

This book initiates a discussion of the law and practice of recognition and enforcement of foreign arbitral awards in both common law and civil law countries. In terms of law, this book principally focuses on the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958, and the harmony or clash between the New York Convention and national arbitration laws of both common law and civil law countries including the UK and the USA (as common law countries), and France, Germany and Greece (as civil law countries). In terms of practice, this book deeply and extensively examines the judicial application of the New York Convention in national courts of common law and civil law countries, and sheds light on the best practices related to the judicial application of the New York Convention, while also highlighting how future disputes can be resolved in national courts. As such, this book provides solutions for salient and recurring problems arising out of the erroneous judicial application or interpretation of the New York Convention by national courts, and encourages the adoption of a more liberal regime in favour of the recognition and enforcement of foreign arbitral awards generally, and the adoption of a more liberal interpretation of the New York Convention in national courts of both common law and civil law countries particularly. This book, which is based on more than 100 courts' decisions from common law and civil law countries, is a valuable resource for those interested in international commercial arbitration, as well as for those involved in international trade, and those who are willing to solve their commercial disputes through arbitration.

Contents

  • Table of Cases p. xi
  • Acknowledgements p. xviii
  • Introductory Note p. xix
  • List of Abbreviations p. xxiii
  • Part I The International Legal Framework for Recognition and Enforcement of Foreign Arbitral Awards p. 1
  • Chapter 1 A Theoretical Approach on Recognition and Enforcement of Foreign Arbitral Awards p. 4
  • A The fundamentals of recognition and enforcement p. 5
  • I The concept of recognition and enforcement of a foreign arbitral award p. 5
  • II The place of recognition and enforcement of a foreign arbitral award p. 6
  • III The time limits for the commencement of enforcement proceedings p. 7
  • IV The applicable procedures on recognition and enforcement p. 8
  • V The grounds for the refusal of recognition and enforcement of a foreign arbitral award p. 8
  • B The institutional framework of recognition and enforcement (arbitration institutions) p. 9
  • I The ICC International Court of Arbitration p. 10
  • II The International Centre for the Settlement of Investment Disputes (ICSID) p. 15
  • III The World Intellectual Property Organization's Arbitration and Mediation Centre (WIPO Centre) p. 17
  • TV The London Court of International Arbitration (LCIA) p. 18
  • V The International Centre for Dispute Resolution (ICDR) of the American Arbitration Association (AAA) p. 20
  • C Conclusions p. 22
  • Chapter 2 Recognition and Enforcement of Foreign Arbitral Awards in Light of the International Arbitration Treaties and Conventions p. 23
  • A The International Treaties p. 24
  • I The Geneva Protocol of 1923 p. 25
  • II The Geneva Convention of 1927 p. 26
  • B The International (Multilateral) Conventions p. 27
  • I The New York Convention of 1958 p. 28
  • 1 The scope of the Convention (Article I) p. 29
  • 2 Validity and Formality of the Arbitration Agreement (Article II) p. 31
  • 3 The applicable Rules of procedure on recognition and enforcement (Article III) p. 32
  • a The principle of procedural liberty p. 32
  • b The principle of nondiscrimination procedures p. 33
  • 4 The enforcement proceedings (Article IV) p. 34
  • 5 Defences to recognition and enforcement of an arbitral award (Article V) p. 35
  • a Defences to be raised by the losing party p. 36
  • b Defences to be raised by the competent court p. 41
  • 6 Adjourning the enforcement proceedings (Article VI) p. 43
  • 7 Controlling recognition and enforcement (Article VII) p. 45
  • II The Washington Convention of 1965 (the ICSID Convention) p. 46
  • C Conclusions p. 48
  • Chapter 3 The Liberalization of National Laws of Arbitration in Respect to Recognition and Enforcement of Foreign Arbitral Awards p. 49
  • A The UNCITRAL Model Law of 1985 p. 49
  • B National arbitration laws in selected common law countries p. 51
  • I The U.S. Federal Arbitration Act of 1925 p. 52
  • II The English Arbitration Act of 1996 p. 55
  • C National laws of arbitration in selected civil law countries p. 60
  • I The French New Code of Civil Procedure of 1981 p. 60
  • II The German Arbitration Law of 1998 p. 63
  • III The Greek Law on International Commercial Arbitration No. 2735 of 1999 after the Legislative Decree No. 4220 of 1961 p. 65
  • D Conclusions p. 70
  • Part II The Judicial Application of the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958 p. 73
  • Chapter 1 A Practical Approach on the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958 p. 73
  • A Preliminary provisions on the New York Convention p. 75
  • I The Scope of the Convention's Application p. 75
  • II The Convention's effect on other treaties and laws p. 77
  • III The reciprocity reservation p. 82
  • IV The commercial reservation p. 84
  • V Jurisdiction and Venue in regards to recognition and enforcement p. 86
  • B Validity of an arbitration agreement as a pre-condition for recognition and enforcement of an arbitral award p. 89
  • I The form of agreement (Arbitration agreement in writing) p. 90
  • III Stay of litigation and referring the parties to arbitration p. 95
  • III Null and Void arbitration agreement p. 99
  • IV Inoperative arbitration agreement or incapable of being performed p. 101
  • C Conclusions p. 104
  • Chapter 2 Review of a Foreign Arbitral Award by National Courts p. 106
  • A Recognition of a foreign arbitral award as binding p. 106
  • B Copies of agreement and award (authentication/translation) p. 109
  • C Burden of proof p. 112
  • D Discovery of evidence p. 115
  • E Estoppel and waiver p. 117
  • F Counterclaims and set-off against an award p. 120
  • G Period of limitation for enforcement (time limits for enforcement proceedings) p. 124
  • H Pre-award attachment p. 127
  • I Conclusions p. 130
  • Chapter 3 Refusal of Recognition and Enforcement of a Foreign Arbitral Award p. 132
  • A At the request of the opposing party p. 136
  • I Incapacity of the parties or invalidity of an arbitration agreement p. 136
  • II Violation of due process p. 138
  • III Exceeding scope of submission to arbitration p. 143
  • IV Improper composition of the arbitral tribunal or improper arbitral procedure p. 147
  • V Setting aside or suspension of an arbitral award p. 350
  • B Upon a decision of the competent authority in the enforcing country p. 154
  • I Inarbitrability of the subject-matter of the dispute p. 154
  • II Recognition and Enforcement contrary to public policy p. 157
  • C Conclusions p. 164
  • Findings p. 165
  • Bibliography p. 170

Subjects

Subject Headings A:

Other details