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Recognition and enforcement of foreign arbitral awards in Lithuania – GAZPROM case from a national perspective
Date Issued |
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2019 |
The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958 is a great achievement in the field of arbitration. However, its application in the Contracting States, due to the differences in internal laws and practices, can differ. Analysis of the national practices is im-portant in terms of identifying obstacles for internationally uniform application of the NYC. The pa-per aims to fill the gap in international legal doctrine regarding the Lithuanian national perspective on some issues of recognition and enforcement of the foreign arbitral awards. Its main focus are the problematic issues raised by the Lithuanian courts. Moreover, the article addresses one of the most essential and well-known recent cases – the Gazprom case.