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The 1958 New York Convention in Action
The 1958 New York Convention has been called the most effective instance of international legislation in the entire history of commercial law. However, the succinct text of the Convention leaves open a host of significant and complex questions, which may be, and have been, answered in a variety of ways; as difficult cases arise and demand solutions, they generate inconsistent outcomes. For all its remarkable success, the Convention has on occasion proved itself to be unreliable and unpredictable. This book simultaneously exposes the difficulties of the Convention and explores potential solutions. It examines each substantive article of the New York Convention in accordance with the following...
Arbitration in India
India has a long-standing tradition of dispute resolution through arbitration, with arbitral-type regulations going back to the eighteenth century. Today, amendments to the 1996 Indian Arbitration Act, a steady evolution of case law and new arbitral institutions position India’s vibrant system once more at the forefront of international commercial dispute resolution. In this handbook, over forty members of the international arbitration community in India and beyond offer authoritative perspectives and insights into topics on arbitration that matter in India. International arbitration practitioners, Indian practitioners, and scholars have combined efforts to produce a practical and informat...
The Vienna Convention on the Law of Treaties in Investor-State Disputes
The Vienna Convention on the Law of Treaties (VCLT) – as the ‘treaty on treaties’ – has achieved a rich and nuanced track record of use in international law. It has now been over fifty years since the VCLT was opened for signature in 1969, and over forty years since it entered into force in 1980. As of 2022, the VCLT has been ratified by 116 States and signed by 45 others, with some non-ratifying States also recognising parts as reflective of customary international law. In the intervening decades, the VCLT has had a profound influence on the interpretation, application and development of international investment law, including in the context of investment treaty arbitration. This bo...
Comparative Recognition and Enforcement
This book provides the first detailed analysis of recognition and enforcement of foreign judgments and awards in civil and commercial matters from a transnational perspective. This perspective facilitates greater understanding of the present state of recognition and enforcement and offers insight into the establishment and operation of key modern instruments. This book represents a timely contribution, as instruments harmonising and promoting recognition and enforcement are increasingly being considered and implemented internationally. Many countries have recently reiterated their commitment to improving access to justice and have indicated an intention to sign one or both of the treaties designed to harmonise and promote recognition and enforcement of civil and commercial judgments internationally: the 2005 Choice of Court Convention or the 2019 Judgments Convention. This book is an essential resource for policymakers, scholars, and intergovernmental organisations to understand the nature and origin of recognition and enforcement approaches, as well as their application, interpretation, and future directions.
International Arbitration and EU Law
In this substantially revised and updated second edition, this work examines the intersection of EU law and international arbitration based on the experience of leading practitioners in both commercial and investment treaty arbitration law. It expertly illustrates the depth and breadth of EU lawÕs impact on party autonomy and on the margin of appreciation available to arbitral tribunals. This second edition covers all relevant new developments in law and practice, and tracks the ever-increasing influence of EU law and the jurisprudence of the Court of Justice of the EU (CJEU) in international arbitration.
International Investment Law and Investor-State Disputes in Central Asia
The five Central Asian States – Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan – collectively present a unique case study for the nexus between international investment frameworks, investor-State dispute settlement (ISDS) and the future of this field. In this groundbreaking book, the editors have curated contributions from globally renowned practitioners and scholars to provide the first comprehensive overview of experiences and lessons arising from the region. This book draws upon the Central Asian experience with international investment law and ISDS to develop globally relevant insights and analyses on, among other topics: approaches to foreign direct investm...
On Arbitration
This volume brings together the most important articles, lectures, and essays of Van Vechten (Johnny) Veeder, a towering figure in the worlds of international commercial arbitration and arbitration between States and foreign investors. As noted by Judge Stephen Schwebel in his introduction to the volume, Johnny Veeder was unsurpassed as an arbitrator, tribunal chairman, expositor, analyst, and historian of international arbitration. The writings in this collection address a wide range of topics in the field, including the historical context of international arbitration and its influence on the modern-day practice, the role and responsibilities of the arbitrator, and the principles upholding ...
New Technology for Inclusive and Sustainable Growth
This book presents body of knowledge on the economic, social and environmental impacts of the new Industry 4.0 technology use in view of regulating the related risks to ensure inclusive and sustainable growth in the Post-Soviet and selected developing countries while transition to a new technological order. The book brings together collected empirical evidence and pilot innovative research projects run by the author team that illustrate functional abilities, application potential and challenges of Industry 4.0 key enabling technologies (e.g., artificial intelligence, neural networks, blockchain, nanotechnology, etc.) and provides useful applied recommendations on managing the risks of their use in order to achieve economic growth fairly across society in the developed and developing countries. It presents suggestions to improve national legislation and existing economic regulations, which would also ensure boosting scientific research and training highly qualified personnel in computer, economic, administrative, legal and social sciences at the advanced universities and research institutions in the Post-Soviet area.
Transnational Due Process and Article V(1)(b) of the New York Convention
Widely regarded as the most important ground for refusal under the 1958 United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention), Article V(1)(b), commonly referred to as the ‘due process’ clause, is interpreted in diverse ways across jurisdictions. This book not only thoroughly examines the variety of approaches to the clause adopted by different national courts but also presents a particular understanding of the transnational approach to the due process defence grounded in the interpretative framework of the Vienna Convention on the Law of Treaties. Drawing on insights and methods from comparative law that consider not only national ...
