Exploring the Concept of Arbitral Awards Under the New York Convention

Konstantina Kalaitsoglou* (Corresponding Author)

*Corresponding author for this work

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Abstract

Abstract
Despite its importance, the arbitral award was left undefined by the New York Convention and most other major international arbitration laws. This has inevitably led to varying opinions regarding its nature and confusion regarding the thresholds that differentiate arbitral awards from other tribunal decisions. Partly in response to the above, there has been discussion to initiate the revising process of the Convention. Responses have been divided. In this paper, the author finds that revision will not bring the desired results, while the Convention itself has equipped international arbitration practice with tools to overcome obscure legal concepts such as the arbitral award.
Original languageEnglish
Pages (from-to)99-112
Number of pages14
JournalJournal of Strategic Contracting and Negotiation
Volume5
Issue number1-2
Early online date29 Jun 2021
DOIs
Publication statusPublished - Jun 2021

Bibliographical note

Acknowledgements
I would like to express my gratitude to Dr Patricia Živković, whom I was lucky to be taught by at the University of Aberdeen, in the area of international commercial arbitration. Dr Patricia's work ethic, expertise and passion for international arbitration have inspired me to not only author this work but to pursue a career in the sector.
Funding
The author received no financial support for the research, authorship and/or publication of this article.
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Keywords

  • dispute resolution
  • commercial contracting
  • arbitration award

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