The New York Convention is one of the most important agreements in international business dispute resolution. Think of it as a global handshake agreement between countries that makes sure arbitration decisions made in one country can be enforced in another. For example, if a company wins an arbitration case in Singapore, they can collect their award in France if both countries are part of this agreement. It's officially called the "Convention on the Recognition and Enforcement of Foreign Arbitral Awards" but everyone in the industry just calls it the "New York Convention" because it was signed in New York in 1958. When you see this term on a resume, it usually means the person has experience with international dispute resolution.
Successfully enforced New York Convention awards in multiple jurisdictions
Advised clients on New York Convention compliance and enforcement strategies
Handled complex New York Convention recognition proceedings across various countries
Typical job title: "International Arbitration Lawyers"
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Q: What are the main challenges in enforcing arbitration awards under the New York Convention?
Expected Answer: A senior lawyer should discuss practical issues like dealing with different countries' court systems, public policy exceptions, and strategies for successful enforcement across jurisdictions.
Q: How would you advise a client on selecting the best jurisdiction for arbitration enforcement?
Expected Answer: Should explain factors like asset location, local court attitudes toward enforcement, speed of legal system, and costs in different jurisdictions.
Q: What are the grounds for refusing enforcement under the New York Convention?
Expected Answer: Should be able to explain the main reasons courts might refuse to enforce an award, such as public policy violations or procedural irregularities, in simple terms.
Q: Explain the difference between recognition and enforcement of awards.
Expected Answer: Should clearly explain that recognition is the court accepting the award as valid, while enforcement is the actual process of making the losing party pay.
Q: What is the basic purpose of the New York Convention?
Expected Answer: Should explain that it's an international agreement that helps companies enforce arbitration decisions in foreign countries that are part of the convention.
Q: What are the basic requirements for an award to be enforceable under the New York Convention?
Expected Answer: Should mention the need for a written agreement to arbitrate, proper notice to parties, and that the award must be final and binding.