ICSID Arbitration, ICSID Convention, New York Convention, Recognition and enforcement of arbitral award
Forum Shopping in the Execution of ICSID Awards: Is it Time to Revive the UN Convention on State Immunity?
Favorable ICSID awards are undoubtedly a valuable commodity. By virtue of the ICSID Convention, which features 153 Contracting States, such awards are automatically enforceable in nearly 80% of countries around the world. But enforcement of an award is only half of the equation; award holders must also navigate the separate, but equally important, task of executing the…