The 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards is the foundation upon which the whole of international commercial arbitration stands: PART 3 – how is it applied?

September 3, 2024

.

Ex. What happens if an estate agent in Thailand lies, double deals, cheats or misrepresents…? “Can you count on and trust every single estate agent in Thailand?”

Under Article 1(3) of the New York Convention, ratifying states have the option to limit the applicability of the New York Convention. The first of the two limitations refer to a reciprocal approach by states declaring to only enforce awards made in a country that is also a contracting state of the New York Convention.

The 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards is the foundation upon which the whole of international commercial arbitration stands: PART 3 – how is it applied?

Other Publications

Your off‐shore entity’s rental income tax

The use of off‐shore entities, such as a company incorporated in the British Virgin Islands (“BVI”) to own real estate is not uncommon in...

A Thai government official’s opinion about the law does NOT mean that it is legally correct

In Thailand government officials are generally considered much more authoritative than in western countries. Thai culture also considers non‐conflict to be a virtue of...

The 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards is the foundation upon which the whole of international commercial arbitration stands: PART 3 – how is it applied?

.

Ex. What happens if an estate agent in Thailand lies, double deals, cheats or misrepresents…? “Can you count on and trust every single estate agent in Thailand?”

The 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards is the foundation upon which the whole of international commercial arbitration stands: PART 3 – how is it applied?

Other Publications

Your off‐shore entity’s rental income tax

A Thai government official’s opinion about the law does NOT mean that it is legally correct

Site

Address

Bangkok Office

Phuket Office