New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards: A Commentary
The Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention) of 10 June 1958, is the key treaty in the modern international arbitration system. It is one of the most widely ratified commercial treaties in the world, and affords parties a high degree of certainty that an arbitral award can be recognized and enforced all over the world. Without such guarantees, the utility of international arbitration would significantly decrease. Despite its importance, the New York Convention has until now been the subject of relatively few comprehensive commentaries. The New York Convention: A Commentary, edited by Professor Reinmar Wolff of the University of Marburg, fills this void and should be required reading for students and practitioners alike.