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Under American law, the recognition of foreign arbitral awards is governed by chapter 2 of the Federal Arbitration Act, which incorporates the New York Convention. [5] Therefore, the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the "Convention") preempts state law. In Foster v.
a provisional award is an award on a provisional basis subject to the final determination of the merits. [5] a partial award is an award of only part of the claims or cross claims which are brought, or a determination of only certain issues between the parties. Importantly, this leaves it open to the parties to either resolve or to continue to ...
The New York Convention, more formally known as the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, provides for court recognition and enforcement of foreign arbitration decisions, allowing arbitration proceedings to piggyback on the authority of domestic jurisdictions across the world. [12]
An arbitral decision is foreign where the award was made in a state other than the state of recognition or where foreign procedural law was used. [46] In most cases, these disputes are settled with no public record of their existence as the loser complies voluntarily, [ 47 ] although in 2014 UNCITRAL promulgated a rule for public disclosure of ...
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
Among its positions, the organization encourages licensure and education recognition between jurisdictions. In May 2007, the Ontario Real Estate Association cited adherence to ARELLO exam standards as one of its reasons for switching to closed-book examinations. [1]
The Paris Arbitral Award is an arbitral award issued on 3 October 1899 by an arbitral tribunal convened in Paris, created two years earlier as established in the Arbitral Treaty of Washington D. C. on 2 February 1897, in which the United States (representing Venezuela) on the one hand and the United Kingdom (as owner of the colony of British Guiana, currently Guyana) on the other, had agreed ...
The Architect Registration Examination (ARE) is the professional licensure examination adopted by the 50 states of the United States, the District of Columbia, and four U.S. territories (Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands).