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The Effects Of Foreign Arbitral Awards

Author

Listed:
  • Raul MIRON

    (Assist. univ. PhD, Faculty of Law and Economics, University of Medicine, Pharmacy, Science and Technology, Tirgu Mures, ROMANIA.)

  • Claudia ROSU

    (Prof. univ. dr. habil., West University, Faculty of Law, ROMANIA.)

Abstract

The arbitration has an international character, if it arises from a legal relationship with a foreign element. The foreign arbitral award is any award rendered in a domestic or international arbitration in a foreign State and not considered a national decision in Romania. The article reviews the effectiveness of a foreign arbitration award, namely the recognition and enforcement of such a ruling in Romania. The foreign arbitral award, rendered by a competent arbitral tribunal, benefits in Romania from a probative force in respect of the facts it ascertains.

Suggested Citation

  • Raul MIRON & Claudia ROSU, 2018. "The Effects Of Foreign Arbitral Awards," Curentul Juridic, The Juridical Current, Le Courant Juridique, Petru Maior University, Faculty of Economics Law and Administrative Sciences and Pro Iure Foundation, vol. 75, pages 116-131, December.
  • Handle: RePEc:pmu:cjurid:v:75:y:2018:p:116-131
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    More about this item

    Keywords

    foreign arbitral award; recognition; execution; probative force;
    All these keywords.

    JEL classification:

    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior

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