By Dr. Jur. Ihab Amro (Professor of Private Law and a practicing lawyer and an arbitrator; Ph.D. Athens, Greece).
The book concludes with the following findings:
- The New York Convention of 1958 (hereafter “the NYC”) is an improvement on the Geneva Treaties (Geneva Protocol of 1923 and Geneva Convention of 1927). The NYC allows recognition and enforcement of an arbitral award even if such award has been made in a Non-Contracting State.
- Some provisions of the NYC do not meet the recent trends of international commerce such as the writing requirement and the setting aside ground for refusing recognition and enforcement. Continue reading Recognition and Enforcement of Foreign Arbitral Awards in Theory and in Practice