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- W2945178557 abstract "The phenomenon of the ‘arbitral award’ is always at the centre of attention with scholars. However, practical needs call the interest mainly to the formal characteristics of the arbitral award – the description of its form, the rendering procedure, the legal construction and the different types of the awards. In my opinion, the essence of the award comes first; it determines the place of the arbitral award in the legal system as well as its contacts with the civil justice sphere. All these issues became a point of departure in research of the phenomenon of the arbitral award as an act of law implementation, of its basic requirements and legal effect. A comprehensive comparison of court judgments and arbitral awards allows not only the discovery of the important correlation between the essential characteristics of the arbitral award and remedies against it, but it also draws the conclusion that the generally accepted legal construction based on the New York Convention and UNCITRAL Model Law provisions is the most effective model of judicial control of arbitral awards. Recognition and enforcement of the arbitral awards as well as the setting aside procedures, should take into account all essential features of the award as an act of law application, otherwise the arbitration and its judicial control techniques run risks of inefficiency." @default.
- W2945178557 created "2019-05-29" @default.
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- W2945178557 date "2018-07-16" @default.
- W2945178557 modified "2023-09-23" @default.
- W2945178557 title "Arbitration Awards: Substantive Requirements, Legal Effects and Optimal Means of Recourse" @default.
- W2945178557 hasPublicationYear "2018" @default.
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