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- W3153169425 abstract "In recent times, International Commercial disputes have had paradigm shifts from conventional traditional means of dispute resolution namely litigation to a better and more convenient form of dispute resolution mechanism that not only saves time, but adds flexibility coupled with party autonomy to the process. The Energy Sector particularly the Oil and Gas Industry being a versatile and multi-dimensionally contracts based is not left out as arbitration has become a suitable mechanism for settlement of disputes since the formation of OPEC, down to the present day. The article critically analysed the practice of enforcing arbitration award using the United States of America and Nigeria as a case of study. It also examines the prevalent challenges in its enforcement and the way forward. The article reveals that the success of every dispute settlement mechanism is based on the successful recognition and enforcement of either judgement or award be it in litigation or arbitration. The article states that the enforcement of foreign arbitral award takes different dimensions in different counties. The article recommended that more internationally acceptable convention be ratified towards ensuring effective enforcement that will prohibit the interference of national laws in the enforcement of awards." @default.
- W3153169425 created "2021-04-26" @default.
- W3153169425 creator A5045869177 @default.
- W3153169425 date "2017-01-01" @default.
- W3153169425 modified "2023-09-27" @default.
- W3153169425 title "Enforcement of Energy Arbitral Awards: A Judicial Practice in the United States of America and Nigeria" @default.
- W3153169425 doi "https://doi.org/10.2139/ssrn.3006509" @default.
- W3153169425 hasPublicationYear "2017" @default.
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