Hamid Bagherzadeh, Author at LegaMart Articles | Page 6 of 6
Direct Resistant Grounds of Foreign Arbitral Awards Under the New York Convention

Resistant Against Arbitral Awards Under NY Convention

Restricted Grounds Article v(2) of the New York Convention has mentioned public policy and arbitrability as two restricted grounds by which the competent court can refuse enforcement of its motion. The Dutch supreme court took the most broadened view of public policy, which includes both substantive and procedural mandatory rules. In contrast, the court dismissed the distinction between national and international public policy in full support of the primary concept of ...

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What does sanction mean

Sanctions: What It Really Means

The term sanctions have been heard by many across the globe, especially in the news these days, yet what does it really mean, and how are they imposed? As defined in Oxford Bibliographies, Sanctions are “deliberate, government-inspired withdrawal or threat of withdrawal of customary trade or financial relations.” Economically related sanctions include different forms of financial transaction restrictions, tariffs, and trade barriers. The imposition of economic restrictions has various political, diplomatic, ...

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