BCDR International Arbitration Review

Volume 1 (2014)

Volume 1 (2014) / Issue 1

'Explosivos Alaveses SA (Spain) v. United Management Chile Limited, Court of Cassation of Abu Dhabi, Cassation No. 679/2010 Commercial, 16 June 2011 (English Translation)' (2014) 1 BCDR International Arbitration Review, Issue 1, pp. 125–128

Abstract

"The United Arab Emirates (UAE) has become bound - after its accession to the New York Convention of 1958 - to recognize foreign arbitral awards as binding awards and to enforce such awards according to the rules of procedure adopted in the State and in accordance with the conditions set forth in Article V of the Convention, and not to impose more stringent conditions on the enforcement of foreign arbitral awards than those imposed on the enforcement of arbitral awards rendered within the State."

"The provisions of treaties or ratified international conventions concluded between the UAE and foreign countries shall be applicable regarding the enforcement of foreign judgments and arbitral awards, even if the conditions mentioned in Article 235 of the Code of Civil Procedure are not met."

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ISSN: 2352-7374
ID: BCDR2014011