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60 Years of the New York Convention: Key Issues and Future Challenges

60 Years of the New York Convention: Key Issues and Future Challenges

  • Author:
  • Publisher: Kluwer Law International
  • ISBN: 9789403501550
  • Published In: March 2019
  • Format: Hardback
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only

List Price: HKD 1,780.00

HKD 1,726.60 Save HKD 53.40 (3%)

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  • Description 
  • Contents 
  • Details

    60 Years of the New York Convention addresses a wide range of legal issues related to the application of the New York Convention in the context of international commercial arbitration and international investment arbitration. Worldwide interest in the recognition and enforcement of arbitral awards has never been higher, and the New York Convention of 1958, currently adhered to by 159 States including the major trading nations, remains the most successful treaty in this area of commercial law. This incomparable book, marking the Convention’s 60th anniversary, provides a fully updated analysis of the Convention’s application from international, comparative, and national perspectives.

    What’s in this book:
    Drawing on a global conference held in Seville in April 2018 that was actively supported by UNCITRAL, the book’s 27 chapters, by highly qualified international practitioners and academics from different jurisdictions, address the subject with critical eyes, well aware of current developments and future challenges in the field of arbitration. Among the issues and topics covered are the following:

    • Multi-tiered dispute resolution clauses.
    • Applicability of the UN Convention on the Use of Electronic Communications in International Contracts.
    • Complexities of enforcing orders determined by software.
    • Enforcement of annulled awards.
    • European Union law and the New York Convention.
    • Enforcing awards against States and State entities.
    • Sovereign immunity as a ground to refuse compliance with investor-State awards;
    • Enforcement against non-signatories.
    • Public policy exception.
    • Arbitrating and enforcing foreign awards in specific countries and regions, including China, sub-Saharan Africa, and the ASEAN countries.

    There are also a number of fascinating reflections on the future of a convention that is about to welcome its 160th contracting State. Ample reference is made throughout to leading cases and practice.

    How this will help you:
    Familiarity with the intricacies of the New York Convention, as the most universally acknowledged framework in which cross-border economic exchanges can flourish, is essential for judges, practitioners, legal staff, business people, and scholars working with or applying international commercial arbitration anywhere in the world. This book’s combination of highly thought-provoking topics and the depth with which they are addressed will prove invaluable to all interested parties.

  • Editors

    Contributors

    Foreword Author Bio

    Foreword: Celebration of the 60th Anniversary of the New York Convention

    Preface and Acknowledgements: An International Toast to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards

    List of Abbreviations

    PART I
    International Commercial Arbitration and the New York Convention

    CHAPTER 1
    The New York Convention and the Enforcement of Arbitration Agreements by National Courts: What Level of Review?
    Manuel Penadés Fons & Pedro Tent Alonso

    CHAPTER 2
    An Arbitrator’s Obligation to Use Reasonable Efforts to Issue an Enforceable Award and Its Interaction with the New York Convention
    Aníbal Sabater & Lídia Rezende

    CHAPTER 3
    The Role of the New York Convention in Remedying the Pitfalls of Multi-tiered Dispute Resolution Clauses
    Maryam Salehijam

    PART II
    Some Obstacles to Recognition and Enforcement under the New York Convention

    CHAPTER 4
    Non-domestic Award: The Second Hypothesis of Article I(1)
    Fernando Mantilla Serrano

    CHAPTER 5
    Emergency Arbitrator Awards: Addressing Enforceability Concerns Through National Law and the New York Convention
    Sai Ramani Garimella & Poomintr Sooksripaisarnkit

    CHAPTER 6
    Flipping the Hourglass: Time Limits for the Recognition and Enforcement of Foreign Arbitral Awards
    Sumru Akter

    PART III
    The New York Convention and New Technologies

    CHAPTER 7
    The UN Convention on the Use of Electronic Communications in International Contracts: An Overlooked Remedy for Outdated Form Provisions under the New York Convention?
    Reinmar Wolff

    CHAPTER 8
    When the Tribunal Is an Algorithm: Complexities of Enforcing Orders Determined by a Software under the New York Convention
    Irene Ng (Huang Ying) & Valeria Benedetti del Rio

    PART IV
    Grounds for Refusal under the New York Convention

    CHAPTER 9
    Lack of Impartiality or Independence as Grounds to Deny Enforcement under the New York Convention
    Rafael Carlos de Rosal Carmona

    CHAPTER 10
    Constitutionalizing the 1958 New York Convention from below by Other Means? The Relevance of Respondent States’ Domestic Constitutional Law in the Enforcement of Investment Awards
    Karsten Nowrot & Emily Sipiorski

    CHAPTER 11
    Public Policy under the New York Convention: National, International, and Transnational
    Margaret L. Moses

    PART V
    Enforcement of Annulled Awards under the New York Convention

    CHAPTER 12
    Enforcement of Annulled Awards: Differences Between Jurisdictions and Recent Interpretations
    Clifford J. Hendel & María Antonia Pérez Nogales

    CHAPTER 13
    Recognition and Enforcement of Arbitral Awards Annulled in Their Own Seat: The Latin American Experience Interpreting the New York Convention’s ‘Sovereign Spaces’
    José Manuel Álvarez Zárate & Camilo Valenzuela

    PART VI
    European Union Law and the New York Convention

    CHAPTER 14
    Challenges under EU Law to the Enforcement of Arbitral Awards under the New York Convention
    Paschalis Paschalidis

    CHAPTER 15
    Arbitral Preliminary References: The New York Convention Regime as Adequate Mechanism for Compliance under Article 267 TFEU?
    Michael De Boeck

    CHAPTER 16
    Competition Law Provisions as Manifestations of Public Policy Within the Meaning of Article V(2)(b) of the NY Convention: Examining Competition Law of the People’s Republic of China to Reveal the Uniqueness of European Union Competition Law in the Context of International Commercial Arbitration
    Iina Tornberg

    PART VII
    The Future of the New York Convention

    CHAPTER 17
    The New York Convention’s 60th Anniversary: A Restatement for the New York Convention?
    Marike Paulsson & Supritha Suresh

    CHAPTER 18
    Time for a New NY Convention? Was Albert van den Berg Right?
    Joe Tirado, Alberto Acevedo & Gabriela Cosío Patiño

    PART VIII
    Regional Approaches

    CHAPTER 19
    Arbitrating and Enforcing Foreign Awards in the ASEAN Region: Confronting the Perennial Issues
    Choong Yeow Choy

    CHAPTER 20
    60 Years of the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958: Are We There Yet in Sub-Saharan Africa?
    Abayomi Okubote

    PART IX
    Enforcing Awards Against States and State Entities under the NY Convention

    CHAPTER 21
    Sovereign Immunity as a Ground to Refuse Compliance with Investor-State Awards: Past Experience and Future Developments
    Javier García Olmedo

    CHAPTER 22
    Waivers of Sovereign Immunities in Enforcement Proceedings and the 1958 NY Convention
    Félix J. Montero & Paloma Castro

    PART X
    Investment Arbitration and the New York Convention

    CHAPTER 23
    Arbitrating Arbitrability in the United States: The Incorporation of Institutional Rules into Bilateral Investment Treaties and the Consequences for Challenges to Recognition and Enforcement of Awards under the New York Convention
    Derek C. Smith & Joseph Klingler

    CHAPTER 24
    The New York Convention and Investment Arbitration: Harmony or Tension?
    Orsolya Toth

    CHAPTER 25
    The Expanding Role of the New York Convention in Enforcement of International Investment Arbitral Awards
    Aliz Káposznyák

    CHAPTER 26
    The Circulation of International Investment Awards under the New York Convention
    Carlo de Stefano

    PART XI
    The New York Convention and a Prospective Multilateral Investment Court

    CHAPTER 27
    The New York Convention’s Concept of Arbitration and the Enforcement of Multilateral Investment Court Decisions
    Alvaro Galindo, David L. Attanasio & Ana María Durán
        
    Table of Cases

    Table of Legislation

    Index

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