Cross Border Insolvency

Read more about the article Modified Universalism And The Interplay Of The UNCITRAL Model Law & The New York Convention
Modified Universalism And The Interplay Of The UNCITRAL Model Law & The New York Convention
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Modified Universalism And The Interplay Of The UNCITRAL Model Law & The New York Convention

The Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1)also known as the ‘New York Arbitration Convention’ was adopted with the aim of harmonising the process for the recognition and enforcement of foreign arbitral awards and for referral by a court to arbitration. However, in spite of its large scale success, the harmonization process has not been completed, because various jurisdictions apply and interpret the New York Convention differently.

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October 1, 2021