Grounds For Resisting The Recognition And Enforcement Of Arbitration Awards Under The New York Convention. The grounds for resisting the recognition and enforcement of arbitration awards under the New York Convention are often poorly explained. The New York Convention, which governs the recognition of foreign arbitration awards in 150 countries, imposes a mandatory rule that […]
Yukos Owners Win Largest Arbitration Award In History Against Russia For “Devious And Calculated” Expropriation
Yukos Owners Win Largest Arbitration Award In History Against Russia For “Devious And Calculated” Expropriation. Yukos’ owners have won the largest arbitration award in history against Russia for what was determined by an international arbitration tribunal to be a “devious and calculated” expropriation of its assets. Russia has been ordered to pay over USD 50.2 billion to […]
THE DEVELOPMENT OF INTERNATIONAL ARBITRATION IN TURKEY by Turgut Aycan Özcan
THE DEVELOPMENT OF INTERNATIONAL ARBITRATION IN TURKEY by Turgut Aycan Özcan A. Introduction As a bridge between the Europe and the Middle East, Turkey plays an important and geopolitical role, which connects these two continents not only in the political meaning but also in the economical meaning. Thus, as a developing country, Turkey has become […]
More Barotse Nationals Sign Submission Agreement Calling For PCA Arbitration
The Barotseland National Freedom Alliance has recently launched an online system to electronically sign a PCA Arbitration Agreement, which would allow for Barotseland’s legal status to be determined peacefully and in accordance with international law. In addition, a more traditional signature process for the PCA arbitration agreement continues, with hundreds of more Barotse nationals signing […]
International Arbitration Hubs And Price Competition
International Arbitration Hubs And Price Competition. International arbitration hubs exist in Paris, London, Dubai, Singapore, Hong Kong and Washington, where many lawyers practicing international arbitration are found in the same city. Many other cities, such as Istanbul, are attempting to become international arbitration hubs today. This is curious, as international arbitration is a unique field […]