Lawrence W. Newman, left, and David Zaslowsky, right. Courtesy photos Statutory Requirements For Enforcing International Arbitral Awards Are Not Jurisdictional
In this article, the authors look at two recent circuit court decisions that held that such requirements under the New York Convention and under the FAA are procedural and, therefore, do not oust a court of subject matter jurisdiction, even if the requirements are not strictly met.
January 24, 2024 at 09:38 AM
9 minute read
There are many reasons that parties to international business transaction often decide to resolve their disputes through international arbitration, one of which is the knowledge and comfort that the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, June 10, 1958, 21 U.S.T. 2517 (commonly known as the New York Convention) is a widely adopted treaty that brings a relative amount of ease to enforcing international arbitration awards. The Convention, however, includes, as it must, a number of mandatory requirements for invoking its coverage.
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