Publication details
The finality of arbitral awards in the public international law
| Authors | |
|---|---|
| Year of publication | 2012 |
| Type | Article in Periodical |
| Magazine / Source | GRANT journal |
| MU Faculty or unit | |
| Citation | |
| Web | http://www.grantjournal.com/images/stories/0101cisar.pdf |
| Keywords | arbitral award; finality; revision; reopening |
| Description | The ultimate aim of the international arbitration is to end the dispute absolutely. Therefore, the arbitral award should be final determination of the rights and obligations of the disputants. But the arbitral procedure evolved through the last one and half century from the absolute finality of the award to the slightly limited version where the disputants can introduce measures of reopening the case. These measures are common in general arbitration treaties but can be introduced also into the special agreements. However, the parties are still in control of the finality of the award. There is no general possibility to reopen the award under the general international law. |
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