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Chameleons, Unruly Horses, Golden Eagles, and Sea Dragons : The Menagerie of Public Policy Exceptions to Recognition and Enforcement of Arbitral Awards in the United States and Europe

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dc.date.accessioned 2013-05-24T07:12:14Z
dc.date.accessioned 2015-08-07T10:37:13Z
dc.date.available 2013-05-24T07:12:14Z
dc.date.available 2015-08-07T10:37:13Z
dc.date.issued 2013-05-24T07:12:14Z
dc.identifier.uri http://hdl.handle.net/10138.1/2689
dc.title Chameleons, Unruly Horses, Golden Eagles, and Sea Dragons : The Menagerie of Public Policy Exceptions to Recognition and Enforcement of Arbitral Awards in the United States and Europe en
ethesis.discipline Private international and comparative law en
ethesis.discipline Kansainvälinen yksityisoikeus ja oikeusvertailu fi
ethesis.discipline Internationell privaträtt och rättsjämförelse sv
ethesis.discipline.URI http://data.hulib.helsinki.fi/id/5f0b4776-5788-4f9f-af94-dc4a55779301
ethesis.faculty Faculty of Law en
ethesis.faculty Juridiska fakulteten sv
ethesis.faculty Oikeustieteellinen tiedekunta fi
ethesis.faculty.URI http://data.hulib.helsinki.fi/id/5a29ad0e-46f3-4834-92a6-4a95699cc1e8
ethesis.university.URI http://data.hulib.helsinki.fi/id/50ae46d8-7ba9-4821-877c-c994c78b0d97
ethesis.university Helsingfors universitet sv
ethesis.university University of Helsinki en
ethesis.university Helsingin yliopisto fi
dct.creator Kraszewski, Kenneth
dct.issued 2013
dct.language.ISO639-2 eng
dct.abstract International arbitration is an integral element of the globalized modern economy. It is the principal method of resolving commercial disputes between States, individuals, and corporations in almost every aspect of international trade. Arbitration relies on the notion of party autonomy—that the parties to an agreement may freely choose the law applicable to their agreement and to the resolution of any dispute arising out of it. However, agreements have to be performed and arbitral awards rendered somewhere, and in the modern world in which the preeminent legal authority is the sovereign State, these actions necessarily occur under a legal framework and a public policy not shaped by the parties. When rules of public policy are implicated in the agreement underlying a dispute in arbitration—or in the award resulting from the for arbitration proceedings, a State must navigate between the Scylla and Charybdis of lending its authority to the recognition of an agreement or enforcement of an award contrary to its fundamental principles or of appearing not to respect the principle of finality of arbitral awards underpinning the system of modern international commerce. What route should national courts—the “watchmen of public policy”—choose? Should party autonomy cabined by respect for international public policy? Or should public policy be viewed as a safety valve utilized only in emergencies, where recognition and enforcement would be fundamentally at odds with a State’s most cherished principles and values? This thesis details the provisions for refusal of recognition or enforcement of arbitral awards on the grounds of public policy that currently exist in major international conventions and model legislation as well as in the legislation of the United States and selected European Union Member States. The various ways in which public policy can be understood is explained, and the application of the public policy exceptions in the United States and selected European Union Member States are detailed. Finally, trends in the United States and the European Union with respect to public policy and arbitration are examined. en
dct.language en
ethesis.language.URI http://data.hulib.helsinki.fi/id/languages/eng
ethesis.language English en
ethesis.language englanti fi
ethesis.language engelska sv
ethesis.thesistype pro gradu-avhandlingar sv
ethesis.thesistype pro gradu -tutkielmat fi
ethesis.thesistype master's thesis en
ethesis.thesistype.URI http://data.hulib.helsinki.fi/id/thesistypes/mastersthesis
dct.identifier.urn URN:NBN:fi:hulib-201508062899
dc.type.dcmitype Text

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