...Rockhopper Mediterranean Ltd and Rockhopper Exploration Plc v. Italy (ICSID Case No. ARB/17/14) Award (23 August 2022), para. 335. Italy applied to ICSID to annul the award. See Rockhopper Exploration...
...which it considers likely to be important for the outcome of the arbitration. Res judicata and Enforcement of the Arbitral Award An arbitral award shall be res judicata from its...
...to comply with the award voluntarily. This means that the Yukos award can only be enforced in the state courts. Insofar as the enforcement of foreign arbitral awards is concerned,...
...under the ICSID Convention. The tribunal found in MOL’s favor and awarded damages. When Croatia did not comply with the award, MOL petitioned to enforce the award against Croatia before...
...and an award enforceable in most jurisdictions. As of 2023, over 168 State parties have signed the Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958 (commonly...
...by separate legislations. The enforcement of domestic awards was governed by the Arbitration Act, 1940 while foreign awards governed by the New York Convention were enforced under the Foreign Awards...
...a foreign award is not binding in India until it is declared enforceable under the ACA and that the award had not attained finality. THE NCLT’S FALLACIES An arbitral award...
...commenced arbitration to resolve a dispute arising from their contract. The sole arbitrator, who was appointed by the parties, issued an award in favor of Manraj Enterprises, and awarded pendente...
...rights to a reasoned award is prejudicial to an award’s validity. The parties’ choice to have a reasoned award forms part of the mandatory provisions of most prominent arbitration seats...
...a pre-award security application under Section 17. Together, Raman Tech and Evergreen established the substantive threshold – that there must be a genuine risk to enforceability of a future award,...
Authors: Kartikey Mahajan,* Satjit Singh Chhabra,** and Aayushi Singh*** Jurisdiction: Singapore Topics: UNCITRAL Model Law International Litigation Enforcement of Arbitral Awards Interpretation of the Award BRIEF OVERVIEW The Singapore Court...
...are especially significant for award enforcement. An award drafted or substantively shaped by AI without human-verifiable reasoning risks annulment or non-enforcement under the New York Convention on the Recognition and...
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