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Nowadays many countries have adopted arbitration laws based on the UNCITRAL Model Law on International Commercial Arbitration. This works with the New York Convention so that the provisions on making an enforceable award, or asking a court to set it aside or not enforce it, are the same under the Model Law and the New York Convention.
New York Convention may refer to several treaties signed in New York City: Convention on the Privileges and Immunities of the United Nations (1946) Convention for the Suppression of the Traffic in Persons and of the Exploitation of the Prostitution of Others (1950) Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958)
“The Urgency of Not Revising the New York Convention” in ICCA Congress Series No 14, 50 Years of the New York Convention. ICCA International Arbitration Conference, 689 (2009). “Russia cannot walk away from its legal obligations”, Financial Times, August 18, 2009. “Identify or define?
The U.S. is a signatory to international conventions regulating the enforcement of arbitration awards, including the Convention on the Recognition and Enforcement of Foreign Arbitral Awards [68] [69] (often referred to as the "New York Convention"), and the Inter-American Convention on International Commercial Arbitration, 14 I.L.M. 336 (1975 ...
Arbitration agreements and arbitral awards are enforced under the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958 (the "New York Convention"). [2] The International Centre for the Settlement of Investment Disputes (ICSID) also handles arbitration, but it is limited to investor-state dispute ...
The entry into force of a convention is usually dependent upon the deposit of a minimum number of instruments of ratification. UNCITRAL conventions: the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the New York Convention) (1958) the Convention on the Limitation Period in the International Sale of Goods (1974)
Whereas typically only monetary judgments by national courts are enforceable in the cross-border context, it is theoretically possible (although unusual in practice) to obtain an enforceable order for specific performance in an arbitration proceeding under the New York Convention. Article V of the New York Convention provides an exhaustive list ...
The New York International Arbitration Center (NYIAC) is an independent not-for-profit organization focused on providing hearing center services for international arbitrations, mediations and other forms of alternative dispute resolution under any arbitration rules. NYIAC does not administer hearings, but provides hearing rooms, breakout rooms ...