We would like to ensure that you are still receiving content that you find useful – please confirm that you would like to continue to receive ILO newsletters.
September 30 2008
Cyprus is a contracting party to the New York Convention, which regulates the registration and enforcement of foreign arbitral awards.
Case law reveals that Cypriot courts strictly interpret the provisions of the convention and as a result, numerous applications for the enforcement of foreign arbitral awards have been dismissed on procedural grounds. Such grounds include the applicant’s failure to present:
This strict interpretation of the convention’s provisions is not in line with the pro-enforcement approach taken by courts in other countries that are contracting parties to the convention.
The materials contained on this website are for general information purposes only and are subject to the disclaimer.
ILO is a premium online legal update service for major companies and law firms worldwide. In-house corporate counsel and other users of legal services, as well as law firm partners, qualify for a free subscription.