Winning is only half the battle – enforcing the “wrong” award in France can reap rewards

Arbitration is often recommended by lawyers as a dispute resolution mechanism because of the relative ease with which arbitration awards can be enforced in states that are signatories to the New York Convention on the Recognition and Enforcement of Arbitral Awards 1958 (the “1958 Convention”).

One of the reasons for this is because the 1958 Convention provides for limited grounds on which the court of a signatory state may refuse to enforce a foreign arbitration award.

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