THE EFFECTS OF FOREIGN ARBITRAL AWARDS

Raul Miron and Claudia Rosu
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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.

Curentul Juridic, The Juridical Current, Le Courant Juridique, 2018, vol. 75, 116-131

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.

Keywords: foreign arbitral award; recognition; execution; probative force (search for similar items in EconPapers)
JEL-codes: K4 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pmu:cjurid:v:75:y:2018:p:116-131

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