Cape Verde, through Resolution 26 / IX / 2017 of 7 February, approved its accession to the 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “New York Convention“), becoming the 158th contracting State to the New York Convention. Following its ratification, on 22 March 2018, the Secretary-General of the United Nations confirmed […]
Resisting the Enforcement of Arbitral Awards: Article V(1)(a) of the New York Convention
According to Article III of the 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “New York Convention“), courts of a Contracting State have the obligation to recognize and enforce an arbitral award. However, it must be borne in mind that the latter have the possibility of refusing the recognition and execution […]
International Arbitration in Pakistan
International arbitration in Pakistan was long governed by two acts: The Arbitration Act 1940(AA) and the Arbitration (Protocol and Convention) Act, 1937(APC). When enforcing foreign arbitration agreements and foreign arbitral awards that met certain criteria, Pakistani Courts applied the APC, otherwise they applied the AA. The Courts, however, failed to apply criteria consistently. Furthermore, disputing […]
Arbitration in Iraq – Iraq Endorses Ratification of the New York Convention
After many delays, on 6 February 2018, Iraq officially endorsed the ratification of the New York Convention, a promising step for arbitration in Iraq. Although in theory Iraq accepts the idea that the New York Convention is necessary, there has been little attention on its accession until recently. Although no drafts of the law are […]
Enforcement of Arbitration Awards in France
The annulment of an arbitration award by a foreign jurisdiction is not a ground for refusing the enforcement of arbitration awards in France. The constant position of the French courts on the enforcement of foreign arbitration awards has been recalled by the Tribunal de Grande Instance d’Every in a decision of 10 February 2017, reproduced […]