Jun 16, 2025 · Key to the success of the Convention is the foresight of its drafters in laying down strict conditions for recognising and enforcing foreign arbitral awards, while leaving contracting states free …

An award made in a country which is not a signatory to the Convention cannot take advantage of the convention to enforce that award in the 169 contracting states unless there is bilateral recognition, …

Thus, the New York Convention has the immense merit of demonstrating that arbitral justice offers the parties advantages and safeguards that are no less than those offered by ordinary justice.

Jun 2, 2025 · With over 170 contracting states, the Convention establishes a harmonized legal framework that enables arbitral awards issued in one member state to be recognized and enforced in …

Topics are issues that have arisen in court decisions under the Convention, as identified in the Commentaries in the Yearbook Commercial Arbitration. See here the List of Topics.

Contrary to a common perception, consistency or uniformity were not amongst the goals of the drafters of the New York Convention. This objective came later with the creation of UNCITRAL which …

Jun 16, 2025 · Key to the success of the Convention is the foresight of its drafters in laying down strict conditions for recognising and enforcing foreign arbitral awards, while leaving contracting states...

The grounds for refusal to enforce an arbitral award under the UNCITRAL Model Law parallel those enacted in the New York Convention. Article 36 of the UNCITRAL Model Law is virtually identical to …

The Convention's principal aim is that foreign and non-domestic arbitral awards will not be discriminated against and it obliges Parties to ensure such awards are recognized and generally...

An award made under the UNCITRAL Arbitration Rules is binding on all parties to the proceeding. If a party fails to comply with the award, the successful party can seek to have that award recognized …