Overriding mandatory rules and compliance in international arbitration

• Titel: Overriding mandatory rules and compliance in international arbitration
• Mitwirkende: Affaki, Georges [HerausgeberIn]
• Mitwirkende: Khvalei, Vladimir [HerausgeberIn]
• Verf.angabe: edited by Bachir Georges Affaki, Vladimir Khvalei
• Verlagsort: Paris
• Verlag: International Chamber of Commerce
• Jahr: 2023
• Umfang: 1 Online-Ressource (195 pages)
• Gesamttitel/Reihe: Dossiers / ICC Institute of World Business Law ; 19
• ISBN: 978-92-842-0603-2
• Datenträger: Online-Ressource
• Sprache: eng
• K10plus-PPN: 1860715214
• K10plus-PPN:
  Universitätsbibliothek
• Lokale URL UB: Zum Volltext

Abstract

Economic sanctions, exchange and export control regulations adopted by countries and regional organisations are increasingly interconnected with arbitral proceedings worldwide. Their overriding mandatory nature with respect to certain territories is unquestionable. But does that make them relevant, or binding, on international arbitral tribunals sitting outside of these territories? Party submissions arguing bindingness or irrelevance, vary greatly, whether as a result of ignorance or unease, or as a deliberate attempt to mislead the tribunal. In turn, arbitral awards show no uniform position among tribunals. Scarce institutional guidance exists. Until now