Paper On The Enforcement Of Intra-Arbitration Awards

TABLE OF CONTENT

1. Introduction
2. Context of New York Convention
3. Enforcement of foreign awards under the ACA
4. Enforcement of foreign awards under the OHADA ACT
5. Comparison Between the ACA and The OHADA Act in Recognition and Enforcement of Arbitral Awards
6. Challenges to The Recognition and Enforcement of Foreign
7. Arbitral Awards in Nigeria
8. Recommendation

INTRODUCTION

Arbitration as a process begins by consensus of parties, made either at the point of contract, or after a dispute has arisen, that certain matters which are or may be in contention between the parties will be resolved by submitting them to arbitration and not by litigation, and that the parties will honour the valid award of the arbitrator in respect of matters referred to him in accordance with the arbitration agreement. Where a party fail to honour the award, the other party can proceed the courts for recognition and enforcement of the award. One major advantage of arbitration