Court Intervention Limits in Solving the Issue of Recognition-Enforcement of the Arbitral Award
Keywords:
Recognition-enforcement, limits of court intervention, arbitral award, corruptive bargain, mediation agreement, minimal standard of intervention, maximal standard of intervention, intermediate standard of intervention.Abstract
The main purpose of the present work is to demonstrate main bases for intervention of courts in solving an issue of recognition-enforcement of the arbitral award. More attention will be paid to corruption, because it destroys main principles of public order of every civilized state that is firmly proved and condemned at the international level. In this work there are discussed main bases, when and within what limits a court can intervene in the decision of the arbitral court when an issue of recognition-enforcement of the decision is being solved. The harmonization of different jurisdictions in relation to this issue will decrease contradictions in practice of international conflicts resolution on issues connected with corruption and other grounds discussed in this article.
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