PIL.OT / DEVELOPMENT
EU Economic Sanctions in Arbitration
Development summary
Tamás Szabados considers whether unilateral European Union economic sanctions are applied uniformly in arbitral proceedings. Although parties may choose arbitration and a particular seat to avoid sanctions, tribunals retain considerable discretion over whether to give them effect; because EU sanctions form part of the Member States’ public policy, disregarding them may expose an award to annulment or to refusal of recognition and enforcement within the EU.
Open original publication EU Economic Sanctions in Arbitration
Research note
Issue
The application of EU economic sanctions in arbitral proceedings and their relationship with public policy and recognition or enforcement of awards.
Concepts
Academic details
“EU Economic Sanctions in Arbitration”
Journal of International Arbitration · 2018
DOI 10.54648/joia2018023
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