Summary
The New York Convention is the most common instrument for the enforcement of foreign arbitral awards. It owes its success to the liberal approach intended by its drafters: it allows, in particular, the party seeking the enforcement of a foreign arbitral award to choose the legal regime applicable to its request. Various possibilities are offered to him, from a basic choice between the legal regime established by the New York Convention itself to a regime established by international or national provisions considered as more favourable. Such choice offered by the New York Convention is, however, not unlimited because it is not intended to allow the applicant to build a regime of enforcement “à la carte”. It is important to have this limit in mind when reading the New York Convention in order to be able to identify with certainty the legal provisions applicable to the enforcement action with which one is confronted.
b-Arbitra | Belgian Review of Arbitration