13 Oct, 2021

Un Convention On International Settlement Agreements (Unisa)

Posted by: Hector Danilo Pompa Dominique In: Uncategorized

The Convention and any reservations thereto shall apply prospectively to settlement agreements concluded in respect of the Party concerned after the entry into force of the Convention in accordance with Article 9. In addition, Article 5 of the Singapore Convention contains enforcement defences similar to those of Article V of the New York Convention, including the defence of (i) the inability to enter into an arbitration agreement and (ii) where the subject matter of the dispute cannot be resolved by arbitration (mediation) under the law of the country where recognition or enforcement is sought. In addition, the Singapore Convention also contains a provision that reflects the defence of the New York Convention on Enforcement: (iii) the defence of “public policy”. For Prelims and Hands: main features and importance of the Convention. . . .

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