Enforcement

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Title: Enforcement

Essay Details:

Subject: Business

Author:

Date: May 18, 2014

Level:

Grade: A

Length: 1 / 231

Essay text:

However, if the parties agreed to execute the award, they do not need to go through the legal procedure. According to the article 319 of the civil code, it states that the arbitrators' award can not be attacked but the article 326 gives the right of retractation. So the courts enforce the award of arbitration. Another aspect in the enforcement of the award in is that our country and Canada are integrated in the New York convention that is the important convention on the mutual recognition and enforcement of international arbitration awards. Since the N and O agreed if there is any dispute they should go to arbitration and this is what they have done...

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