Obstacles to Recognition and Enforcement of New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) and International Commercial Arbitration Act of Iran (1995)

The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) is the most successful multilateral document in the field of international trade law, designed to increase the efficiency of the arbitral institution. This document, as one of the most important transnationa...

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Main Authors: Homayoun Mafi, Mahshid Eshaghi
Format: Article
Language:English
Published: University of Mazandaran 2023-04-01
Series:پژوهشنامه حقوق تطبیقی
Subjects:
Online Access:https://lps.journals.umz.ac.ir/article_3964_71c3b108691f323d32d31a5b228ec08d.pdf
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author Homayoun Mafi
Mahshid Eshaghi
author_facet Homayoun Mafi
Mahshid Eshaghi
author_sort Homayoun Mafi
collection DOAJ
description The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) is the most successful multilateral document in the field of international trade law, designed to increase the efficiency of the arbitral institution. This document, as one of the most important transnational documents on which the main framework of the international arbitration regime is based, has been created with the aim of facilitating the implementation and effectiveness of arbitration as much as possible. However, Article 5 of the New York Convention has been provided for a condition that, if fulfilled, the non-enforcement of the judgment would be arbitrated. Some of these cases, according to Article (1) 5, require citation and proof by the defendant of the arbitral award in the country where the request is made and are limited to the territory of the court that recognizes or enforces the award. Others, according to Article (2) 5, prevent the implementation of the needs required by the court of the country of identification and implementation, and cases such as public order, and the applicability of the dispute. This article examines the reasons for refusing to recognize and enforce arbitral awards to address the principle of narrow interpretation in favor of enforcement and the exclusion of the grounds for non-recognition and enforcement set forth in Article 5 of the Convention. The New York Convention and International Commercial Arbitration Act of Iran are reviewed in comparison to each other.
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spelling doaj.art-cce231180e9a401483ee6eb75cf654d82023-05-10T08:48:00ZengUniversity of Mazandaranپژوهشنامه حقوق تطبیقی2423-75662023-04-017115116810.22080/lps.2022.24482.14183964Obstacles to Recognition and Enforcement of New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) and International Commercial Arbitration Act of Iran (1995)Homayoun Mafi0Mahshid Eshaghi1Professor, University of Judicial Sciences and Administrative Services, Tehran, Iran.Master of Private Law, Institute for Management and Planning Studies, Tehran, Iran.The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) is the most successful multilateral document in the field of international trade law, designed to increase the efficiency of the arbitral institution. This document, as one of the most important transnational documents on which the main framework of the international arbitration regime is based, has been created with the aim of facilitating the implementation and effectiveness of arbitration as much as possible. However, Article 5 of the New York Convention has been provided for a condition that, if fulfilled, the non-enforcement of the judgment would be arbitrated. Some of these cases, according to Article (1) 5, require citation and proof by the defendant of the arbitral award in the country where the request is made and are limited to the territory of the court that recognizes or enforces the award. Others, according to Article (2) 5, prevent the implementation of the needs required by the court of the country of identification and implementation, and cases such as public order, and the applicability of the dispute. This article examines the reasons for refusing to recognize and enforce arbitral awards to address the principle of narrow interpretation in favor of enforcement and the exclusion of the grounds for non-recognition and enforcement set forth in Article 5 of the Convention. The New York Convention and International Commercial Arbitration Act of Iran are reviewed in comparison to each other.https://lps.journals.umz.ac.ir/article_3964_71c3b108691f323d32d31a5b228ec08d.pdfobstaclesawardnew york conventionenforcementarbitration
spellingShingle Homayoun Mafi
Mahshid Eshaghi
Obstacles to Recognition and Enforcement of New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) and International Commercial Arbitration Act of Iran (1995)
پژوهشنامه حقوق تطبیقی
obstacles
award
new york convention
enforcement
arbitration
title Obstacles to Recognition and Enforcement of New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) and International Commercial Arbitration Act of Iran (1995)
title_full Obstacles to Recognition and Enforcement of New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) and International Commercial Arbitration Act of Iran (1995)
title_fullStr Obstacles to Recognition and Enforcement of New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) and International Commercial Arbitration Act of Iran (1995)
title_full_unstemmed Obstacles to Recognition and Enforcement of New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) and International Commercial Arbitration Act of Iran (1995)
title_short Obstacles to Recognition and Enforcement of New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) and International Commercial Arbitration Act of Iran (1995)
title_sort obstacles to recognition and enforcement of new york convention on the recognition and enforcement of foreign arbitral awards 1958 and international commercial arbitration act of iran 1995
topic obstacles
award
new york convention
enforcement
arbitration
url https://lps.journals.umz.ac.ir/article_3964_71c3b108691f323d32d31a5b228ec08d.pdf
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