20 Questions
What is the main purpose of arbitration?
To settle a dispute through the ruling given by the mediator
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
What percentage of cases show enforcement of an arbitral award under the New York Convention?
90%
What is the scope of the New York Convention?
Recognition and Enforcement of Foreign Arbitral Awards
In which year was the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards done in New York?
1958
What might be a reason for a court to refuse enforcement of a foreign arbitral award?
Objection by the party against whom enforcement is sought
In which year did Egypt sign the New York Convention?
1959
What does Article II(3) of the New York Convention require a Contracting State to do?
Refer parties to arbitration if requested
What is the purpose of Law 27/1994 in Egypt?
To apply to any arbitration pending at its time of enactment
In what situations does the Arbitration Law 17/1994 in Egypt apply?
To all arbitrations conducted in Egypt or agreed to by parties for international commercial arbitration
What is the main purpose of the New York Convention?
To provide enforcement of foreign arbitral awards
What percentage of cases show enforcement of an arbitral award under the New York Convention?
Approximately 90%
In what year was the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards done in New York?
1958
What does Article II(3) of the New York Convention require a Contracting State to do?
Recognize and enforce arbitration agreements and awards
What is the scope of the New York Convention?
To facilitate the recognition and enforcement of foreign arbitral awards
According to the New York Convention, in what situation can a court refuse enforcement of a foreign arbitral award?
If one of the parties objects against the enforcement (Article V(1))
What does the Egypt Arbitration Law 17/1994 apply to according to its scope?
Arbitrations conducted abroad when the parties agree to subject it to this law
What is the purpose of the second introductory article of Egypt Arbitration Law 17/1994?
To list down the provisions for the enforcement of the law and selection of arbitrators
What does Article III of the New York Convention require Contracting States to do?
Recognize and enforce arbitral awards as binding
In which situation does a court have the authority to refuse enforcement of a foreign arbitral award under the New York Convention?
On its own motion for reasons of public policy (Article V(2))
Learn about arbitration as an alternative dispute resolution (ADR) means, including its definition, international application, and the legal framework in Egypt. Explore the scope of arbitration law, jurisdiction of Egyptian courts, and the legal power of arbitration clauses.
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