by Ernesto J. Sanchez (Attorney-at-Law, Miami)
The U.S. Federal Arbitration Act (FAA), which explicitly incorporates the New York Convention into U.S. law, provides for the judicial facilitation of private dispute resolution through arbitration where a transaction at issue concerns “interstate commerce.” More specifically, the FAA allows for contractually based compulsory and binding arbitration, whereby parties give up the right to a court appeal on substantive grounds.[1] Continue reading The Interplay Between U.S. Foreign State Immunity Law and U.S. Arbitral Award Enforcement: a Case Study