Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The enforcement of set aside awards continues to be one of the biggest misunderstandings of the New York Convention (NYC). Article V(1)(e) NYC makes it
The enforcement of set aside awards continues to be one of the biggest misunderstandings of the New York Convention (NYC). Article V(1)(e) NYC makes it clear that an award shall cease to produce effects once it has been annulled by the courts of the seat. Disregarding such annulment decision by the courts of the primary jurisdiction frustrates the territorialist approach embedded in the Convention. Critically evaluate this statement, referring to relevant laws and materials as appropriate.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started