The future of arbitration in the face of the 2019 Hague Convention

By Alexander Gay ( September 11, 2024, 2:20 PM EDT) -- The enforcement of arbitral awards and foreign judgments has remained a preoccupation for the international business community. In the case of arbitration, the 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards (NY Convention) has solved the concern by allowing an arbitral award to be enforced in other jurisdictions. However, the recognition of foreign judgments in other jurisdictions has had a slower start....