Understanding Arbitration and ADR Means
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Questions and Answers

What is the main purpose of arbitration?

  • To prolong the legal process of dispute resolution
  • To escalate a dispute to a higher authority
  • To eliminate the need for any ruling on the dispute
  • To settle a dispute through the ruling given by the mediator (correct)

Which international treaty is described as the most successful in private international law?

  • The United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (correct)
  • The Vienna Convention on Contracts for the International Sale of Goods
  • The Geneva Protocol on Arbitration Clauses
  • The Hague Convention on Choice of Court Agreements

What percentage of cases show enforcement of an arbitral award under the New York Convention?

  • 45%
  • 75%
  • 90% (correct)
  • 60%

What is the scope of the New York Convention?

<p>Recognition and Enforcement of Foreign Arbitral Awards (A)</p> Signup and view all the answers

In which year was the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards done in New York?

<p>1958 (A)</p> Signup and view all the answers

What might be a reason for a court to refuse enforcement of a foreign arbitral award?

<p>Objection by the party against whom enforcement is sought (C)</p> Signup and view all the answers

In which year did Egypt sign the New York Convention?

<p>1959 (B)</p> Signup and view all the answers

What does Article II(3) of the New York Convention require a Contracting State to do?

<p>Refer parties to arbitration if requested (D)</p> Signup and view all the answers

What is the purpose of Law 27/1994 in Egypt?

<p>To apply to any arbitration pending at its time of enactment (D)</p> Signup and view all the answers

In what situations does the Arbitration Law 17/1994 in Egypt apply?

<p>To all arbitrations conducted in Egypt or agreed to by parties for international commercial arbitration (A)</p> Signup and view all the answers

What is the main purpose of the New York Convention?

<p>To provide enforcement of foreign arbitral awards (A)</p> Signup and view all the answers

What percentage of cases show enforcement of an arbitral award under the New York Convention?

<p>Approximately 90% (B)</p> Signup and view all the answers

In what year was the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards done in New York?

<p>1958 (D)</p> Signup and view all the answers

What does Article II(3) of the New York Convention require a Contracting State to do?

<p>Recognize and enforce arbitration agreements and awards (C)</p> Signup and view all the answers

What is the scope of the New York Convention?

<p>To facilitate the recognition and enforcement of foreign arbitral awards (D)</p> Signup and view all the answers

According to the New York Convention, in what situation can a court refuse enforcement of a foreign arbitral award?

<p>If one of the parties objects against the enforcement (Article V(1)) (D)</p> Signup and view all the answers

What does the Egypt Arbitration Law 17/1994 apply to according to its scope?

<p>Arbitrations conducted abroad when the parties agree to subject it to this law (C)</p> Signup and view all the answers

What is the purpose of the second introductory article of Egypt Arbitration Law 17/1994?

<p>To list down the provisions for the enforcement of the law and selection of arbitrators (D)</p> Signup and view all the answers

What does Article III of the New York Convention require Contracting States to do?

<p>Recognize and enforce arbitral awards as binding (D)</p> Signup and view all the answers

In which situation does a court have the authority to refuse enforcement of a foreign arbitral award under the New York Convention?

<p>On its own motion for reasons of public policy (Article V(2)) (D)</p> Signup and view all the answers

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