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During the negotiations, parallels were drawn between the New York Convention on arbitral awards: the aim was to create a system of recognition of decisions based on court cases where the court was chosen pursuant to a choice of court agreements, which would create the same level of predictability and enforceability as is the case in arbitral ...
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 ...
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. [45] In most cases, these disputes are settled with no public record of their existence as the loser complies voluntarily, [ 46 ] although in 2014 UNCITRAL promulgated a rule for public disclosure of ...
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 Bucks County Courier Times took home eight awards in this year’s Pennsylvania NewsMedia Association’s annual Keystone awards including the state’s most prestigious journalism award.. The ...
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.
(Reuters) -A U.S. appeals court on Friday held that a trial judge correctly found that American Airlines' now-scrapped U.S. Northeast partnership with JetBlue Airways violated federal antitrust law.
Inter-American convention on extraterritorial validity of foreign judgments and arbitral awards; Signed: 8 May 1979 [1] Location: Montevideo, Uruguay [2] Effective: 14 June 1980 [1] Condition: 2 ratifications: Signatories: 18 [1] Parties: 10 [1] Depositary: General Secretariat of the Organization of American States [1] Languages: English ...