Waivers of Sovereign Immunities in Enforcement Proceedings

Description

A key benefit of international arbitration is the winning party’s ability to enforce the arbitral awards in multiple jurisdictions as a result of the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which will celebrate its 60th anniversary this year. Special considerations apply when the party against whom enforcement is sought is a sovereign state or a state-owned entity. In this chapter, the authors provide an overview of what constitutes comprehensive waivers of state immunity both in respect of immunity from jurisdiction and immunity from enforcement, under French, English and Spanish domestic laws.

The book can be downloaded here: Waivers of Sovereign Immunities in Enforcement Proceedings