Many cross-border transactions require complex contract drafting in order to reflect the will of the parties and comprise the dynamic of two or more legal systems. Amongst the concerns of legal practitioners, it is possible to point out future disagreements stemming from an international contract and to which dispute settlement mechanism they will be submitted.

The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) plays a key role in today’s international market by facilitating the enforcement of arbitral awards worldwide.

Lire la suite