ESQ Legal Practice Magazine JUNE 2014 EDITION | Page 26

of commercial arbitration agreements in international contracts and to unify the standards by which agreements to arbitrate are observed and arbitral awards are enforced in the signatory countries.” “In Bergesen v. Joseph Muller Corp., 710 F.2d 928 (2d Cir. 1983), the Second Circuit, in interpreting the meaning of foreign awards, held that it preferred a “broader construction because it is more in line with the intended purpose of the treaty, which was entered into to encourage the recognition and enforcement of international arbitration awards.” Fedelma Claire Smith, from Netherlands and Legal Counsel, Permanent Court of Arbitration, spoke extensively on the fate of the New York convention, emphasising that its objectives were to make “States parties to avoid discrimination against foreign and non-domestic arbitral awards, States Parties to ensure such awards are recognized and generally 26 I EsQ legal practice capable of enforcement in their jurisdiction in the same way as domestic awards and National courts of States Parties to give full effect to arbitration agreements by denying the parties access to court in contravention of their agreement to refer the matter to an arbitral tribunal.” instead of complaining about neglect. He listed what they must ensure to be there, which included, “Conducive legal frame work, supportive crop of trained and qualified personnel to serve as arbitrators, mediators, conciliators, experts, transcribers, etc, top class hotels with modern facilities. Speaking on the final stage of e.g. Recreational, conference, award, she submitted that telecom, etc, “Before signing any award, Regional/National institutions the arbitral tribunal shall and professional groups with submit it in draft form to the primary focus to train, Court. The Court may lay disseminate information and down modifications as to the knowledge of arbitration law form of the award and, and practice, security/political without affecting the arbitral stability, Infrastructure, strong tribunal's liberty of decision, and supportive judiciary and may also draw its attention to high ethical standards of points of substance. No award conduct of all participants, shall be rendered by the arbitrators, counsel, parties/ arbitral tribunal until it has respect for the process.” been approved by the Court as He pointed out that the forum to its form.” of choice in the Middle East is Sami Houerbi, from Tunisia Dubai due to easy and Director, Eastern connectivity, being a leading Mediterranean, Middle-East aviation hub with ease of visa and Africa, international procurement, while Singapore Court of Arbitration asked is forum of choice in Asia. Africa and Asia to make their The conference was not all continents attractive as favoured places of arbitration, about law and arbitration as participants were treated to a night of buffet, wine, cultural dances and goodwill speeches, while a visit was also made to ICAMA headquarters at the Education Tax Fund (ETF) building, with all the participants acknowledging the centre as a world-class in all requirement and obviously primed to take arbitration to the next level in Africa. www.esqlaw.net