Which of the following statements is incorrect?

a.

A party who succeeds in arbitration may seek to enforce the arbitral award in a jurisdiction where the losing party has assets

b.

Confidentiality of arbitral proceedings is considered an advantage as it can facilitate the parties maintaining a good commercial relationship and public reputation

c.

Enforcement of an arbitral award under the New York Convention may be refused only in limited circumstances

d.

The principal aim of the New York Convention is to allow foreign arbitral awards to be treated more favourably than domestic arbitral awards

e.

If applicable, the UNCITRAL Model Law provides guidance on the conduct of arbitral proceedings