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ARTICLE · 10 MAY 2011

Enforcement Of Foreign Arbitral Award Under New York Convention

Soteris Pittas & Co L.L.C
Soteris Pittas & Co L.L.C
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Soteris Pittas & Co L.L.C

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In a very recent decision, a Cyprus District Court rejected an application for the recognition and enforcement in the Republic of Cyprus of an arbitral award issued by the Austrian Arbitral Center due to the failure of the applicant to produce the original arbitral agreement or a certified true copy of same.

CyprusLitigation, Mediation & Arbitration
Soteris Pittas
Soteris Pittas
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31st October 2007

In a very recent decision, a Cyprus District Court rejected an application for the recognition and enforcement in the Republic of Cyprus of an arbitral award issued by the Austrian Arbitral Center due to the failure of the applicant to produce the original arbitral agreement or a certified true copy of same.

The applicant presented to the Court a copy of the arbitral agreement which was presented as exhibit during the arbitration process in Austria, accompanied by a certificate of the Secretary of the Austrian Arbitral Center, certifying that the said document was photocopy of the copy presented in the said proceedings.

The Applicants disclosed to the Cyprus Court that they did not have the original arbitral agreement or any true copy of same and could not comply with Article IV of the New York Convention.

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