Enforcing international commercial mediation agreements as arbitral awards under the New York Convention

被引:0
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作者
Steele, Brette L. [1 ]
机构
[1] Univ Calif Los Angeles, Los Angeles, CA 90024 USA
关键词
D O I
暂无
中图分类号
D9 [法律]; DF [法律];
学科分类号
0301 ;
摘要
tMediation offers enticing advantages over adversarial systems for the resolution of commercial disputes. Mediation preserves party autonomy by vesting process development and final-decision authority in the hands of the disputing parties. Despite these benefits, businesses underutilize mediation in international settings in part because of unpredictable enforcement practices predicated on varied national policies. This Comment considers the potential for enforcing mediated settlements as arbitral awards under the New York Convention. Enforcement under the New York Convention requires a series of modifications to mediation procedure. The Convention affects contracting, convening, caucusing, and the availability of creative solutions to disputes. Alihough waivers prove promising to resolve procedural challenges, substantive due process challenges present additional problems. Since the New York Convention was designed for immediate deployment, it fails to accommodate materially altered circumstances unlike contract and consent decree systems. These challenges illustrate the imperfect fit between mediation procedure and arbitration enforcement. Parties to a dispute must carefully weigh the loss in procedural efficiencies and public policy review against the relative certainty of international enforcement when deciding whether to pursue a mediated settlement under the Convention.
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页码:1385 / 1412
页数:28
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