IBA Annual Conference Seoul 2019
22 Sep - 27 Sep 2019
Room 300, Floor 3
Session information
Is it true that enforcing an international arbitration award under the New York Convention is easier than enforcing a judgment?
Tuesday 24 September (1115 - 1230)
Room 300, Floor 3
Committee(s)
Arbitration Committee
(Lead)
Description
International arbitration is associated with a stable legal framework for the enforcement of arbitral awards. This is based on the success of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, also known as the 'New York Arbitration Convention', which has been broadly implemented around the world and has seen the development of a judicial culture favorable to the enforcement of arbitration agreement and arbitration awards. In addition, the International Centre for Settlement of Investment Disputes (ICSID) Convention is widely credited for its enforcement mechanism that gives the award the status of a domestic judgment. This panel asks hard questions on the comparison between the enforcement of international arbitration awards and domestic judicial court decisions. It also discusses the enforcement of ICSID awards versus commercial arbitration awards.
Session / Workshop Chair(s)
| Alexander G Fessas | ICC International Court of Arbitration, Paris, France |
Speakers
| Hassan Arab | Al Tamimi & Company, Dubai, United Arab Emirates |
| Yoko Maeda | City-Yuwa Partners, Tokyo, Japan |
| Fabiano Robalinho | Sergio Bermudes Advogados, Rio de Janeiro, Brazil |
| May Tai | Herbert Smith Freehills LLP, Hong Kong, China |