Wolff
New York Convention
ISBN 978-3-8452-5913-0
englischInternational arbitration not only paves the way for parties to avoid the imponderables of proceedings before foreign state courts. It also facilitates transnational enforceability of awards which is far more effective than the enforceability of state court judgments. The major instrument to that effect is the Convention on the Recognition and Enforcement of Foreign Arbitral Awards ("New York Convention") of 10 June 1958, in the meantime, ratified by 147 states. The 16 articles of the Convention are dealt with article-by-article, with a clear structure which swiftly guides the reader to the issue he or she is engaged with.
Given the New York Convention's global relevance, it follows that the potential "users" of the Convention are in need of guidance as to how to apply it. The primary target groups are lawyers seeking (or defending against) recognition and enforcement of foreign arbitral awards worldwide, state court judges applying the Convention in recognition proceedings, and in-house lawyers in large and/or multinational enterprises dealing with transnational dispute resolution.
Für die grenzüberschreitende Vollstreckung von Titeln bietet die internationale Schiedsgerichtsbarkeit das, im Vergleich zum staatlichen Justizapparat, effektivere Instrumentarium. Niedergelegt ist es im - mittlerweile von 147 Staaten ratifizierten - New Yorker Übereinkommen über die Anerkennung und Vollstreckung ausländischer Schiedssprüche von 1958.
